Wasatch Advisors LP Cuts Stock Position in XPEL, Inc. $XPEL

Wasatch Advisors LP lessened its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 5.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,650,489 shares of the company’s stock after selling 194,085 shares during the quarter. XPEL comprises 1.2% of Wasatch Advisors LP’s holdings, making the stock its 28th biggest position. Wasatch Advisors LP owned 0.13% of XPEL worth $181,064,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Langdon Equity Partners acquired a new stake in XPEL in the fourth quarter valued at approximately $27,000. Hantz Financial Services Inc. grew its holdings in XPEL by 159.8% in the fourth quarter. Hantz Financial Services Inc. now owns 582 shares of the company’s stock worth $29,000 after purchasing an additional 358 shares during the last quarter. Parallel Advisors LLC increased its position in shares of XPEL by 424.4% during the first quarter. Parallel Advisors LLC now owns 923 shares of the company’s stock worth $41,000 after purchasing an additional 747 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of XPEL by 462.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 985 shares of the company’s stock worth $49,000 after purchasing an additional 810 shares in the last quarter. Finally, Lazard Asset Management LLC purchased a new stake in shares of XPEL during the 2nd quarter valued at $55,000. Hedge funds and other institutional investors own 75.08% of the company’s stock.

XPEL Trading Up 0.6%

Shares of XPEL stock opened at $47.92 on Wednesday. The company has a current ratio of 2.61, a quick ratio of 1.14 and a debt-to-equity ratio of 0.14. XPEL, Inc. has a 12-month low of $31.50 and a 12-month high of $55.91. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 24.32 and a beta of 1.09. The firm’s 50 day simple moving average is $45.89 and its two-hundred day simple moving average is $45.85.

XPEL (NASDAQ:XPEL) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. XPEL had a net margin of 10.77% and a return on equity of 18.98%. The business had revenue of $143.05 million during the quarter, compared to analysts’ expectations of $135.09 million. During the same quarter last year, the company posted $0.59 earnings per share. The business’s quarterly revenue was up 14.7% on a year-over-year basis. Analysts predict that XPEL, Inc. will post 2.12 EPS for the current year.

Wall Street Analyst Weigh In

XPEL has been the subject of a number of recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of XPEL in a research report on Wednesday, June 24th. Freedom Capital raised XPEL from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. B. Riley Financial increased their price target on XPEL from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Zacks Research raised XPEL from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, XPEL has an average rating of “Moderate Buy” and an average price target of $65.00.

About XPEL

XPEL, Inc is a leading manufacturer and distributor of advanced protective films and coatings for automotive, marine, aviation, and architectural applications. The company’s core products include paint protection film (PPF), window tinting film, and ceramic coatings designed to shield surfaces from scratches, environmental contaminants, and UV damage. XPEL’s flagship PPF, known for its self-healing properties, is engineered to maintain a vehicle’s factory finish by resisting swirl marks, stone chips, and acid rain.

Beyond automotive protection, XPEL has expanded its offerings to include protective films for electronics and architectural surfaces, providing solutions that enhance durability and prolong the life of high-value assets.