XPEL (NASDAQ:XPEL) Hits New 12-Month Low – Here’s What Happened

XPEL, Inc. (NASDAQ:XPEL) reached a new 52-week low on Tuesday . The company traded as low as $28.88 and last traded at $29.04, with a volume of 90530 shares. The stock had previously closed at $29.38.

XPEL Stock Performance

The stock has a market capitalization of $803.57 million, a price-to-earnings ratio of 16.61 and a beta of 1.82. The business has a 50-day moving average of $37.05 and a 200-day moving average of $40.47.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.06). XPEL had a net margin of 11.61% and a return on equity of 24.68%. The company had revenue of $107.53 million for the quarter, compared to analyst estimates of $106.98 million. Equities analysts predict that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

Institutional Trading of XPEL

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new stake in shares of XPEL in the third quarter valued at $64,000. National Bank of Canada FI acquired a new position in XPEL during the 3rd quarter worth about $71,000. FMR LLC boosted its holdings in XPEL by 247.7% during the 3rd quarter. FMR LLC now owns 2,799 shares of the company’s stock valued at $121,000 after acquiring an additional 1,994 shares during the period. MML Investors Services LLC acquired a new position in XPEL in the 3rd quarter valued at about $205,000. Finally, Tower Research Capital LLC TRC increased its stake in XPEL by 199.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,734 shares of the company’s stock worth $189,000 after purchasing an additional 3,153 shares during the period. Hedge funds and other institutional investors own 75.08% of the company’s stock.

XPEL Company Profile

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.