XPEL (NASDAQ:XPEL) Hits New 1-Year Low – Should You Sell?

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

XPEL Stock Down 1.1 %

The stock has a market capitalization of $803.57 million, a price-to-earnings ratio of 16.61 and a beta of 1.82. The business’s 50-day moving average is $37.05 and its two-hundred day moving average is $40.47.

XPEL (NASDAQ:XPEL) last issued its earnings results on Wednesday, February 26th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $106.98 million. As a group, analysts forecast that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Intech Investment Management LLC acquired a new stake in XPEL during the third quarter worth about $403,000. Charles Schwab Investment Management Inc. grew its stake in shares of XPEL by 4.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 207,423 shares of the company’s stock valued at $8,996,000 after buying an additional 8,445 shares during the period. Bank of Montreal Can increased its holdings in shares of XPEL by 8.1% during the 3rd quarter. Bank of Montreal Can now owns 52,032 shares of the company’s stock worth $2,265,000 after buying an additional 3,899 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of XPEL during the 3rd quarter valued at approximately $64,000. Finally, FMR LLC lifted its holdings in XPEL by 247.7% in the third quarter. FMR LLC now owns 2,799 shares of the company’s stock valued at $121,000 after acquiring an additional 1,994 shares during the last quarter. Hedge funds and other institutional investors own 75.08% of the company’s stock.

About XPEL

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.