Wasatch Advisors LP Purchases 30,074 Shares of XPEL, Inc. $XPEL

Wasatch Advisors LP increased its holdings in XPEL, Inc. (NASDAQ:XPEL) by 0.8% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,844,574 shares of the company’s stock after buying an additional 30,074 shares during the period. Wasatch Advisors LP owned 13.93% of XPEL worth $170,161,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Langdon Equity Partners purchased a new stake in shares of XPEL in the 4th quarter valued at about $27,000. Hantz Financial Services Inc. grew its holdings in shares of XPEL by 159.8% during the fourth quarter. Hantz Financial Services Inc. now owns 582 shares of the company’s stock worth $29,000 after purchasing an additional 358 shares in the last quarter. Steward Partners Investment Advisory LLC grew its holdings in shares of XPEL by 462.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 985 shares of the company’s stock worth $49,000 after purchasing an additional 810 shares in the last quarter. Lazard Asset Management LLC purchased a new position in shares of XPEL during the second quarter worth about $55,000. Finally, Russell Investments Group Ltd. bought a new position in shares of XPEL in the third quarter worth approximately $66,000. Institutional investors own 75.08% of the company’s stock.

XPEL Trading Up 3.1%

Shares of NASDAQ XPEL opened at $49.37 on Friday. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 25.85 and a beta of 1.11. XPEL, Inc. has a 1-year low of $31.26 and a 1-year high of $55.91. The stock’s 50-day moving average is $45.31 and its 200 day moving average is $47.21.

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

Wall Street Analysts Forecast Growth

XPEL has been the subject of several research analyst reports. Freedom Capital lowered shares of XPEL from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 7th. Zacks Research raised shares of XPEL from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of XPEL in a research report on Wednesday. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, XPEL currently has a consensus rating of “Hold”.

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.