XPEL’s (XPEL) “Neutral” Rating Reaffirmed at B. Riley

B. Riley reiterated their neutral rating on shares of XPEL (NASDAQ:XPEL) in a research report report published on Friday, MarketBeat Ratings reports. They currently have a $37.00 price target on the stock, down from their previous price target of $74.00.

XPEL Trading Up 0.8 %

Shares of XPEL stock opened at $32.34 on Friday. The stock has a fifty day simple moving average of $52.34 and a two-hundred day simple moving average of $51.47. XPEL has a 52-week low of $30.75 and a 52-week high of $87.46. The firm has a market capitalization of $893.55 million, a PE ratio of 18.69 and a beta of 1.84. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 4.81.

XPEL (NASDAQ:XPEL) last issued its earnings results on Thursday, May 2nd. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.02). XPEL had a net margin of 11.99% and a return on equity of 29.11%. The business had revenue of $90.10 million for the quarter, compared to the consensus estimate of $94.08 million. During the same period last year, the business posted $0.41 EPS. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. On average, analysts predict that XPEL will post 2.2 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Mendota Financial Group LLC bought a new stake in XPEL in the 1st quarter worth approximately $175,000. Los Angeles Capital Management LLC purchased a new position in shares of XPEL in the third quarter valued at $215,000. Dakota Wealth Management bought a new stake in XPEL in the third quarter worth $218,000. WINTON GROUP Ltd purchased a new stake in XPEL during the third quarter valued at $222,000. Finally, Aristides Capital LLC bought a new position in XPEL during the fourth quarter valued at $247,000. Hedge funds and other 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.