Inspire Investing LLC Buys 14,345 Shares of XPEL, Inc. $XPEL

Inspire Investing LLC acquired a new stake in XPEL, Inc. (NASDAQ:XPEL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 14,345 shares of the company’s stock, valued at approximately $634,000. Inspire Investing LLC owned 0.05% of XPEL as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Isthmus Partners LLC grew its stake in XPEL by 109.6% in the 3rd quarter. Isthmus Partners LLC now owns 75,536 shares of the company’s stock valued at $3,336,000 after buying an additional 39,505 shares during the last quarter. QV Investors Inc. lifted its position in XPEL by 13.9% during the third quarter. QV Investors Inc. now owns 58,850 shares of the company’s stock worth $2,599,000 after acquiring an additional 7,200 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new stake in XPEL during the third quarter worth approximately $33,000. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of XPEL by 3.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 12,080 shares of the company’s stock worth $599,000 after acquiring an additional 421 shares during the period. Finally, Squarepoint Ops LLC boosted its holdings in shares of XPEL by 206.8% during the second quarter. Squarepoint Ops LLC now owns 57,976 shares of the company’s stock worth $2,876,000 after acquiring an additional 39,080 shares during the period. 75.08% of the stock is owned by institutional investors and hedge funds.

XPEL Price Performance

XPEL stock opened at $45.78 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.14 and a current ratio of 2.61. XPEL, Inc. has a 52 week low of $31.88 and a 52 week high of $55.91. The stock has a market capitalization of $1.26 billion, a P/E ratio of 21.93 and a beta of 1.18. The stock has a fifty day moving average of $46.20 and a 200-day moving average of $46.31.

XPEL (NASDAQ:XPEL) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.08. XPEL had a return on equity of 18.98% and a net margin of 10.77%. The business had revenue of $143.05 million for the quarter, compared to analyst estimates of $135.09 million. During the same period last year, the firm posted $0.59 earnings per share. XPEL’s revenue was up 14.7% compared to the same quarter last year. On average, sell-side analysts expect that XPEL, Inc. will post 2.12 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Weiss Ratings raised XPEL from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. B. Riley Financial upped their price target on shares of XPEL from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Freedom Capital raised shares of XPEL from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $65.00.

XPEL Company Profile

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