XPEL (NASDAQ:XPEL) Stock Price Down 6.7% – Should You Sell?

Shares of XPEL, Inc. (NASDAQ:XPEL) dropped 6.7% during trading on Wednesday . The company traded as low as $46.70 and last traded at $46.6650. 108,637 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 254,534 shares. The stock had previously closed at $50.04.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Zacks Research upgraded XPEL from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Freedom Capital downgraded XPEL from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of XPEL in a research note on Wednesday, June 24th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

XPEL Trading Down 10.9%

The firm’s fifty day simple moving average is $45.65 and its two-hundred day simple moving average is $47.16. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 23.45 and a beta of 1.09.

XPEL (NASDAQ:XPEL) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. XPEL had a net margin of 10.82% and a return on equity of 19.14%. The firm had revenue of $117.35 million for the quarter, compared to analyst estimates of $113.10 million. During the same quarter in the previous year, the company earned $0.31 EPS. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. As a group, analysts forecast that XPEL, Inc. will post 1.92 EPS for the current fiscal year.

Hedge Funds Weigh In On XPEL

Large investors have recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. grew its holdings in shares of XPEL by 1.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 12,088 shares of the company’s stock worth $603,000 after purchasing an additional 198 shares during the period. Illinois Municipal Retirement Fund lifted its position in XPEL by 1.9% in the fourth quarter. Illinois Municipal Retirement Fund now owns 12,610 shares of the company’s stock valued at $629,000 after buying an additional 236 shares during the last quarter. B. Metzler seel. Sohn & Co. AG boosted its stake in XPEL by 1.1% during the third quarter. B. Metzler seel. Sohn & Co. AG now owns 25,882 shares of the company’s stock worth $856,000 after buying an additional 282 shares during the period. Osaic Holdings Inc. boosted its stake in XPEL by 13.8% during the fourth quarter. Osaic Holdings Inc. now owns 2,790 shares of the company’s stock worth $139,000 after buying an additional 339 shares during the period. Finally, Hantz Financial Services Inc. increased its position in shares of XPEL by 159.8% during the fourth quarter. Hantz Financial Services Inc. now owns 582 shares of the company’s stock valued at $29,000 after acquiring an additional 358 shares during the last quarter. Institutional investors and hedge funds own 75.08% of the company’s stock.

About XPEL

XPEL, Inc is a leading manufacturer and distributor of advanced protective films and coatings for automotive, marine, aviation, and architectural applications. The company’s core products include paint protection film (PPF), window tinting film, and ceramic coatings designed to shield surfaces from scratches, environmental contaminants, and UV damage. XPEL’s flagship PPF, known for its self-healing properties, is engineered to maintain a vehicle’s factory finish by resisting swirl marks, stone chips, and acid rain.

Beyond automotive protection, XPEL has expanded its offerings to include protective films for electronics and architectural surfaces, providing solutions that enhance durability and prolong the life of high-value assets.