Evernest Financial Advisors LLC Purchases New Stake in XPEL, Inc. $XPEL

Evernest Financial Advisors LLC acquired a new position in XPEL, Inc. (NASDAQ:XPEL) in the first quarter, HoldingsChannel reports. The institutional investor acquired 20,250 shares of the company’s stock, valued at approximately $942,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Fifth Third Bancorp lifted its position in shares of XPEL by 2,347.3% in the 1st quarter. Fifth Third Bancorp now owns 5,531 shares of the company’s stock worth $245,000 after buying an additional 5,305 shares during the last quarter. Strs Ohio grew its position in shares of XPEL by 144.4% during the 1st quarter. Strs Ohio now owns 4,400 shares of the company’s stock valued at $195,000 after buying an additional 2,600 shares during the last quarter. Wasatch Advisors LP grew its position in shares of XPEL by 0.8% during the 1st quarter. Wasatch Advisors LP now owns 3,844,574 shares of the company’s stock valued at $170,161,000 after buying an additional 30,074 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in XPEL during the first quarter worth about $496,000. Finally, SG Americas Securities LLC raised its stake in XPEL by 205.2% during the first quarter. SG Americas Securities LLC now owns 19,474 shares of the company’s stock worth $862,000 after acquiring an additional 13,094 shares during the period. Institutional investors own 75.08% of the company’s stock.

Analysts Set New Price Targets

XPEL has been the topic of a number of recent research reports. Freedom Capital cut shares of XPEL from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of XPEL in a report on Wednesday, June 24th. Finally, Zacks Research upgraded XPEL from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, XPEL has an average rating of “Hold”.

XPEL Stock Performance

XPEL stock opened at $44.72 on Tuesday. The company has a 50-day simple moving average of $45.50 and a 200-day simple moving average of $46.98. The firm has a market capitalization of $1.23 billion, a P/E ratio of 23.41 and a beta of 1.09. XPEL, Inc. has a one year low of $31.26 and a one year high of $55.91.

XPEL (NASDAQ:XPEL) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. The business had revenue of $117.35 million for the quarter, compared to analysts’ expectations of $113.10 million. XPEL had a net margin of 10.82% and a return on equity of 19.14%. The company’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.31 EPS. As a group, sell-side analysts forecast that XPEL, Inc. will post 1.92 earnings per share for the current year.

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.