XPEL (NASDAQ:XPEL) Downgraded to Hold Rating by Freedom Capital

Freedom Capital downgraded shares of XPEL (NASDAQ:XPEL) from a strong-buy rating to a hold rating in a report issued on Thursday morning,Zacks.com reports.

Several other research firms also recently weighed in on XPEL. Weiss Ratings reaffirmed a “hold (c)” rating on shares of XPEL in a research note on Friday, March 27th. Zacks Research raised shares of XPEL from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

XPEL Stock Performance

XPEL stock opened at $43.55 on Thursday. The company has a 50 day moving average price of $43.34 and a 200-day moving average price of $46.14. XPEL has a fifty-two week low of $31.26 and a fifty-two week high of $55.91. The company has a market capitalization of $1.20 billion, a PE ratio of 22.80 and a beta of 1.13.

XPEL (NASDAQ:XPEL) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.37 earnings per share 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 during the quarter, compared to the consensus estimate of $113.10 million. During the same quarter in the previous year, the firm posted $0.31 earnings per share. The company’s revenue was up 13.1% on a year-over-year basis. On average, analysts forecast that XPEL will post 2.04 earnings per share for the current year.

Hedge Funds Weigh In On XPEL

Several institutional investors and hedge funds have recently bought and sold shares of XPEL. Dimensional Fund Advisors LP grew its holdings in shares of XPEL by 16.9% during the first quarter. Dimensional Fund Advisors LP now owns 472,643 shares of the company’s stock valued at $20,911,000 after buying an additional 68,295 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of XPEL by 424.4% during the first quarter. Parallel Advisors LLC now owns 923 shares of the company’s stock valued at $41,000 after buying an additional 747 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of XPEL by 11.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 16,044 shares of the company’s stock valued at $717,000 after buying an additional 1,689 shares during the last quarter. Illinois Municipal Retirement Fund grew its holdings in shares of XPEL by 11.4% during the first quarter. Illinois Municipal Retirement Fund now owns 14,052 shares of the company’s stock valued at $622,000 after buying an additional 1,442 shares during the last quarter. Finally, Evernest Financial Advisors LLC purchased a new stake in shares of XPEL during the first quarter valued at $942,000. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Company Profile

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.