Creative Planning Takes Position in XPEL, Inc. (NASDAQ:XPEL)

Creative Planning acquired a new position in shares of XPEL, Inc. (NASDAQ:XPEL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,789 shares of the company’s stock, valued at approximately $208,000.

Several other large investors have also added to or reduced their stakes in XPEL. ProShare Advisors LLC lifted its stake in XPEL by 7.4% during the first quarter. ProShare Advisors LLC now owns 4,530 shares of the company’s stock worth $245,000 after purchasing an additional 313 shares during the last quarter. Mendota Financial Group LLC lifted its position in XPEL by 11.4% in the 2nd quarter. Mendota Financial Group LLC now owns 3,606 shares of the company’s stock worth $128,000 after buying an additional 370 shares during the last quarter. GAMMA Investing LLC boosted its stake in XPEL by 190.4% in the third quarter. GAMMA Investing LLC now owns 784 shares of the company’s stock worth $34,000 after buying an additional 514 shares in the last quarter. Janus Henderson Group PLC boosted its stake in XPEL by 3.4% in the first quarter. Janus Henderson Group PLC now owns 18,401 shares of the company’s stock worth $994,000 after buying an additional 605 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in XPEL by 5.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 17,065 shares of the company’s stock valued at $922,000 after acquiring an additional 901 shares during the last quarter. Institutional investors own 75.08% of the company’s stock.

XPEL Stock Up 4.1 %

NASDAQ:XPEL opened at $44.34 on Monday. XPEL, Inc. has a twelve month low of $30.75 and a twelve month high of $60.49. The stock has a market cap of $1.23 billion, a P/E ratio of 25.34 and a beta of 1.85. The firm’s fifty day simple moving average is $42.18 and its 200 day simple moving average is $39.84.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.53 by $0.01. The business had revenue of $112.85 million during the quarter, compared to analyst estimates of $114.59 million. XPEL had a return on equity of 24.68% and a net margin of 11.61%. The company’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.56 earnings per share. On average, analysts expect that XPEL, Inc. will post 1.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on XPEL shares. Craig Hallum upgraded shares of XPEL from a “hold” rating to a “buy” rating in a report on Thursday, August 8th. B. Riley raised shares of XPEL from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $37.00 to $58.00 in a research note on Friday, August 9th.

XPEL 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.