Mirae Asset Global Investments Co. Ltd. Purchases New Shares in XPEL, Inc. (NASDAQ:XPEL)

Mirae Asset Global Investments Co. Ltd. purchased a new stake in XPEL, Inc. (NASDAQ:XPEL) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 10,703 shares of the company’s stock, valued at approximately $576,000.

A number of other institutional investors have also recently added to or reduced their stakes in XPEL. Los Angeles Capital Management LLC acquired a new stake in XPEL in the 3rd quarter valued at $215,000. Dakota Wealth Management acquired a new stake in XPEL in the 3rd quarter valued at $218,000. WINTON GROUP Ltd purchased a new position in XPEL in the 3rd quarter valued at $222,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in XPEL by 28.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,493 shares of the company’s stock valued at $269,000 after purchasing an additional 771 shares in the last quarter. Finally, Dark Forest Capital Management LP purchased a new position in XPEL in the 3rd quarter valued at $283,000. Institutional investors and hedge funds own 75.08% of the company’s stock.

XPEL Trading Down 3.9 %

Shares of XPEL stock opened at $53.77 on Friday. The stock’s fifty day moving average is $53.71 and its two-hundred day moving average is $52.66. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.10 and a current ratio of 4.02. The firm has a market capitalization of $1.49 billion, a P/E ratio of 28.30 and a beta of 1.84. XPEL, Inc. has a fifty-two week low of $40.77 and a fifty-two week high of $87.46.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings data on Thursday, February 22nd. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.02). The firm had revenue of $105.54 million during the quarter, compared to analysts’ expectations of $96.61 million. XPEL had a net margin of 13.32% and a return on equity of 34.38%. The company’s revenue for the quarter was up 34.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.30 EPS. Research analysts expect that XPEL, Inc. will post 2.2 earnings per share for the current fiscal year.

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.