XPEL (NASDAQ:XPEL) Stock Price Down 5.8%

XPEL, Inc. (NASDAQ:XPEL)’s share price traded down 5.8% during trading on Monday . The stock traded as low as $33.17 and last traded at $33.51. 152,563 shares traded hands during trading, a decline of 24% from the average session volume of 199,597 shares. The stock had previously closed at $35.56.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Craig Hallum reiterated a “hold” rating and issued a $40.00 price target (down from $60.00) on shares of XPEL in a research note on Friday, May 3rd. B. Riley reiterated a “neutral” rating and issued a $37.00 price target (down from $74.00) on shares of XPEL in a research note on Friday, May 3rd.

XPEL Stock Up 1.3 %

The company has a debt-to-equity ratio of 0.13, a current ratio of 4.81 and a quick ratio of 1.34. The firm has a market capitalization of $915.11 million, a P/E ratio of 18.89 and a beta of 1.72. The company’s 50-day simple moving average is $37.98 and its two-hundred day simple moving average is $48.01.

XPEL (NASDAQ:XPEL) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.02). The firm had revenue of $90.10 million for the quarter, compared to analysts’ expectations of $94.08 million. XPEL had a net margin of 11.99% and a return on equity of 29.11%. XPEL’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.41 EPS. As a group, research analysts expect that XPEL, Inc. will post 1.6 earnings per share for the current year.

Insider Buying and Selling at XPEL

In other XPEL news, Director John F. North bought 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 8th. The stock was purchased at an average price of $32.17 per share, for a total transaction of $96,510.00. Following the completion of the transaction, the director now owns 3,799 shares of the company’s stock, valued at approximately $122,213.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 9.50% of the company’s stock.

Hedge Funds Weigh In On XPEL

Several institutional investors have recently bought and sold shares of XPEL. ProShare Advisors LLC increased its position in XPEL by 7.4% in the first quarter. ProShare Advisors LLC now owns 4,530 shares of the company’s stock worth $245,000 after purchasing an additional 313 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of XPEL by 6.2% in the 4th quarter. SG Americas Securities LLC now owns 7,421 shares of the company’s stock worth $400,000 after purchasing an additional 436 shares during the period. NBC Securities Inc. increased its position in shares of XPEL by 11.2% during the 4th quarter. NBC Securities Inc. now owns 5,574 shares of the company’s stock valued at $300,000 after purchasing an additional 562 shares during the last quarter. Janus Henderson Group PLC raised its holdings in XPEL by 3.4% during the 1st quarter. Janus Henderson Group PLC now owns 18,401 shares of the company’s stock valued at $994,000 after buying an additional 605 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its position in XPEL by 5.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 17,065 shares of the company’s stock worth $922,000 after buying an additional 901 shares during the last quarter. 75.08% of the stock is owned by hedge funds and other institutional investors.

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.