SCS Capital Management LLC purchased a new stake in shares of XPEL, Inc. (NASDAQ:XPEL – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,241,540 shares of the company’s stock, valued at approximately $61,580,000. XPEL makes up approximately 0.6% of SCS Capital Management LLC’s holdings, making the stock its 15th biggest holding. SCS Capital Management LLC owned 4.50% of XPEL as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently bought and sold shares of XPEL. Envestnet Portfolio Solutions Inc. lifted its stake in XPEL by 1.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 12,088 shares of the company’s stock worth $603,000 after acquiring an additional 198 shares in the last quarter. Illinois Municipal Retirement Fund grew its stake in XPEL by 1.9% during the 4th quarter. Illinois Municipal Retirement Fund now owns 12,610 shares of the company’s stock valued at $629,000 after acquiring an additional 236 shares in the last quarter. Osaic Holdings Inc. grew its stake in XPEL by 13.8% during the 4th quarter. Osaic Holdings Inc. now owns 2,790 shares of the company’s stock valued at $139,000 after acquiring an additional 339 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of XPEL by 159.8% in the 4th quarter. Hantz Financial Services Inc. now owns 582 shares of the company’s stock valued at $29,000 after purchasing an additional 358 shares during the period. Finally, Langdon Equity Partners acquired a new position in shares of XPEL in the 4th quarter valued at about $27,000. 75.08% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms recently commented on XPEL. Zacks Research upgraded shares of XPEL from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of XPEL in a research report on Wednesday, June 24th. B. Riley Financial upped their price objective on shares of XPEL from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Freedom Capital upgraded shares of XPEL from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $65.00.
XPEL Stock Performance
Shares of XPEL stock opened at $50.00 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.61 and a quick ratio of 1.14. XPEL, Inc. has a fifty-two week low of $31.50 and a fifty-two week high of $55.91. The stock’s 50-day moving average is $46.16 and its two-hundred day moving average is $45.82. The firm has a market cap of $1.38 billion, a P/E ratio of 25.38 and a beta of 1.09.
XPEL (NASDAQ:XPEL – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.08. The company had revenue of $143.05 million during the quarter, compared to the consensus estimate of $135.09 million. XPEL had a return on equity of 18.98% and a net margin of 10.77%.The business’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the business earned $0.59 EPS. Analysts predict that XPEL, Inc. will post 2.12 earnings per share for the current fiscal year.
XPEL 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.
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