XPEL (NASDAQ:XPEL) Reaches New 1-Year Low – What’s Next?

XPEL, Inc. (NASDAQ:XPEL)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $28.88 and last traded at $29.04, with a volume of 90530 shares. The stock had previously closed at $29.38.

XPEL Price Performance

The business’s 50 day simple moving average is $36.48 and its 200 day simple moving average is $40.29. The stock has a market cap of $769.56 million, a P/E ratio of 15.90 and a beta of 1.82.

XPEL (NASDAQ:XPEL) last issued its earnings results on Wednesday, February 26th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.06). XPEL had a return on equity of 24.68% and a net margin of 11.61%. The company had revenue of $107.53 million during the quarter, compared to analyst estimates of $106.98 million. Research analysts predict that XPEL, Inc. will post 1.73 earnings per share for the current year.

Institutional Investors Weigh In On XPEL

A number of hedge funds have recently made changes to their positions in XPEL. Mirabella Financial Services LLP bought a new stake in XPEL during the fourth quarter worth about $8,855,000. LHM Inc. acquired a new position in shares of XPEL in the 4th quarter worth approximately $4,887,000. Rockefeller Capital Management L.P. grew its position in XPEL by 47.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 193,046 shares of the company’s stock worth $7,714,000 after acquiring an additional 61,930 shares during the last quarter. Mawer Investment Management Ltd. increased its holdings in XPEL by 13.9% during the 4th quarter. Mawer Investment Management Ltd. now owns 397,533 shares of the company’s stock valued at $15,877,000 after purchasing an additional 48,586 shares in the last quarter. Finally, Barclays PLC increased its holdings in XPEL by 79.5% during the 3rd quarter. Barclays PLC now owns 78,646 shares of the company’s stock valued at $3,411,000 after purchasing an additional 34,830 shares in the last quarter. Institutional investors and hedge funds own 75.08% of the company’s stock.

XPEL Company Profile

XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.