XPEL (NASDAQ:XPEL) Stock Price Down 5.8%

XPEL, Inc. (NASDAQ:XPEL)’s share price was down 5.8% during mid-day trading on Monday . The stock traded as low as $33.17 and last traded at $33.51. Approximately 152,563 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 199,597 shares. The stock had previously closed at $35.56.

Wall Street Analysts Forecast Growth

XPEL has been the subject of several research analyst reports. Craig Hallum reiterated a “hold” rating and issued a $40.00 price objective (down from $60.00) on shares of XPEL in a research report on Friday, May 3rd. B. Riley reissued a “neutral” rating and set a $37.00 price objective (down previously from $74.00) on shares of XPEL in a research report on Friday, May 3rd.

XPEL Price Performance

The company has a current ratio of 4.81, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The company has a 50 day simple moving average of $38.81 and a 200 day simple moving average of $48.30. The stock has a market cap of $933.89 million, a P/E ratio of 19.30 and a beta of 1.72.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). The business had revenue of $90.10 million during the quarter, compared to the consensus estimate of $94.08 million. XPEL had a return on equity of 29.11% and a net margin of 11.99%. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.41 EPS. Sell-side analysts forecast that XPEL, Inc. will post 1.6 earnings per share for the current fiscal year.

Insider Activity at XPEL

In other news, Director John F. North purchased 3,000 shares of the company’s stock in a transaction on Wednesday, May 8th. The shares were purchased at an average cost of $32.17 per share, with a total value of $96,510.00. Following the completion of the transaction, the director now owns 3,799 shares of the company’s stock, valued at approximately $122,213.83. The transaction was disclosed in a filing with the SEC, which is available through this link. 9.50% of the stock is owned by company insiders.

Institutional Trading of XPEL

Several institutional investors and hedge funds have recently bought and sold shares of XPEL. ProShare Advisors LLC lifted its position in XPEL by 7.4% during the first quarter. ProShare Advisors LLC now owns 4,530 shares of the company’s stock worth $245,000 after acquiring an additional 313 shares during the last quarter. SG Americas Securities LLC boosted its stake in XPEL by 6.2% in the 4th quarter. SG Americas Securities LLC now owns 7,421 shares of the company’s stock valued at $400,000 after purchasing an additional 436 shares during the period. NBC Securities Inc. grew its holdings in XPEL by 11.2% in the 4th quarter. NBC Securities Inc. now owns 5,574 shares of the company’s stock valued at $300,000 after buying an additional 562 shares in the last quarter. Janus Henderson Group PLC increased its position in XPEL by 3.4% during the 1st quarter. Janus Henderson Group PLC now owns 18,401 shares of the company’s stock worth $994,000 after buying an additional 605 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of XPEL by 5.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 17,065 shares of the company’s stock worth $922,000 after buying an additional 901 shares in the last quarter. Institutional investors own 75.08% of the company’s stock.

About XPEL

XPEL, Inc sells, distributes, and installs protective films and coatings worldwide. The company offers automotive surface and paint protection film, headlight protection, and automotive and architectural window films, as well as proprietary DAP software. It also provides pre-cut film products, merchandise and apparel, ceramic coatings, and tools and accessories.