XPEL, Inc. $XPEL Stock Bought by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. lifted its position in shares of XPEL, Inc. (NASDAQ:XPEL) by 10.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 905,154 shares of the company’s stock after acquiring an additional 82,330 shares during the quarter. XPEL makes up approximately 1.4% of Schwartz Investment Counsel Inc.’s portfolio, making the stock its 23rd biggest position. Schwartz Investment Counsel Inc.’s holdings in XPEL were worth $39,981,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. increased its holdings in shares of XPEL by 3.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 12,080 shares of the company’s stock valued at $599,000 after acquiring an additional 421 shares during the period. Lakewood Asset Management LLC increased its position in shares of XPEL by 5.1% in the 3rd quarter. Lakewood Asset Management LLC now owns 9,645 shares of the company’s stock valued at $426,000 after acquiring an additional 472 shares during the period. Quantinno Capital Management LP increased its holdings in shares of XPEL by 16.4% in the first quarter. Quantinno Capital Management LP now owns 4,712 shares of the company’s stock valued at $209,000 after purchasing an additional 665 shares during the period. Parallel Advisors LLC raised its position in XPEL by 424.4% during the 1st quarter. Parallel Advisors LLC now owns 923 shares of the company’s stock worth $41,000 after buying an additional 747 shares during the last quarter. Finally, TD Waterhouse Canada Inc. purchased a new position in shares of XPEL during the third quarter worth $33,000. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Price Performance

Shares of XPEL stock opened at $42.91 on Wednesday. The firm has a market cap of $1.18 billion, a PE ratio of 21.78 and a beta of 1.18. The company has a 50-day moving average of $46.42 and a two-hundred day moving average of $46.40. XPEL, Inc. has a 1-year low of $31.88 and a 1-year high of $55.91.

XPEL (NASDAQ:XPEL) last announced its earnings results on Wednesday, August 5th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. The firm had revenue of $143.05 million during the quarter, compared to analysts’ expectations of $135.09 million. During the same period in the previous year, the firm earned $0.59 EPS. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. Sell-side analysts anticipate that XPEL, Inc. will post 2.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. B. Riley Financial lifted their price target on XPEL from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Freedom Capital upgraded XPEL from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Finally, Weiss Ratings raised shares of XPEL from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $65.00.

XPEL Company Profile

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