XPEL, Inc. $XPEL Shares Acquired by Isthmus Partners LLC

Isthmus Partners LLC grew its holdings in XPEL, Inc. (NASDAQ:XPEL) by 109.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 75,536 shares of the company’s stock after buying an additional 39,505 shares during the period. Isthmus Partners LLC’s holdings in XPEL were worth $3,336,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in XPEL during the 2nd quarter worth $190,144,000. Wasatch Advisors LP increased its holdings in shares of XPEL by 0.8% in the first quarter. Wasatch Advisors LP now owns 3,844,574 shares of the company’s stock valued at $170,161,000 after purchasing an additional 30,074 shares during the period. SCS Capital Management LLC purchased a new position in XPEL during the 2nd quarter worth $61,580,000. Dimensional Fund Advisors LP raised its holdings in XPEL by 16.9% during the first quarter. Dimensional Fund Advisors LP now owns 472,643 shares of the company’s stock worth $20,911,000 after purchasing an additional 68,295 shares in the last quarter. Finally, William Blair Investment Management LLC acquired a new stake in shares of XPEL in the 2nd quarter valued at approximately $15,236,000. Institutional investors and hedge funds own 75.08% of the company’s stock.

XPEL Stock Up 1.3%

Shares of XPEL stock opened at $44.21 on Friday. XPEL, Inc. has a twelve month low of $31.88 and a twelve month high of $55.91. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 21.82 and a beta of 1.18. The company has a current ratio of 2.61, a quick ratio of 1.14 and a debt-to-equity ratio of 0.14. The company has a fifty day moving average price of $46.88 and a 200 day moving average price of $46.09.

XPEL (NASDAQ:XPEL) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.08. XPEL had a return on equity of 18.98% and a net margin of 10.77%. The firm had revenue of $143.05 million during the quarter, compared to analyst estimates of $135.09 million. During the same quarter last year, the firm earned $0.59 EPS. XPEL’s quarterly revenue was up 14.7% on a year-over-year basis. Equities research analysts forecast 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 recently weighed in on XPEL shares. Freedom Capital upgraded XPEL from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Weiss Ratings upgraded XPEL from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Finally, B. Riley Financial boosted their target price on shares of XPEL from $55.00 to $65.00 and gave the company a “buy” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $65.00.

XPEL Profile

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