XPEL (NASDAQ:XPEL) Upgraded to Buy at B. Riley

B. Riley upgraded shares of XPEL (NASDAQ:XPEL) from a neutral rating to a buy rating in a report issued on Friday, MarketBeat reports. They currently have $58.00 price objective on the stock, up from their previous price objective of $37.00. B. Riley also issued estimates for XPEL’s FY2026 earnings at $2.39 EPS.

Separately, Craig Hallum upgraded XPEL from a hold rating to a buy rating in a research note on Thursday, August 8th.

XPEL Trading Down 1.9 %

NASDAQ:XPEL opened at $43.62 on Friday. The company has a 50-day moving average price of $37.10 and a 200-day moving average price of $44.75. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 25.21 and a beta of 1.72. The company has a current ratio of 4.77, a quick ratio of 1.62 and a debt-to-equity ratio of 0.06. XPEL has a 12 month low of $30.75 and a 12 month high of $86.67.

XPEL (NASDAQ:XPEL) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.08. XPEL had a net margin of 11.59% and a return on equity of 26.80%. The company had revenue of $109.92 million during the quarter, compared to the consensus estimate of $105.67 million. During the same period in the prior year, the firm earned $0.57 earnings per share. XPEL’s revenue was up 7.5% on a year-over-year basis. Equities analysts predict that XPEL will post 1.6 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in XPEL. Carolina Wealth Advisors LLC bought a new stake in shares of XPEL during the second quarter valued at approximately $50,000. nVerses Capital LLC boosted its stake in XPEL by 1,800.0% during the 2nd quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock valued at $68,000 after purchasing an additional 1,800 shares during the last quarter. Mendota Financial Group LLC increased its holdings in shares of XPEL by 11.4% in the 2nd quarter. Mendota Financial Group LLC now owns 3,606 shares of the company’s stock worth $128,000 after purchasing an additional 370 shares in the last quarter. Financial Advocates Investment Management purchased a new position in shares of XPEL in the second quarter worth $223,000. Finally, ProShare Advisors LLC lifted its holdings in shares of XPEL by 7.4% during the first quarter. ProShare Advisors LLC now owns 4,530 shares of the company’s stock valued at $245,000 after purchasing an additional 313 shares in the last quarter. Institutional investors 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.