XPEL (NASDAQ:XPEL) Posts Earnings Results, Beats Estimates By $0.01 EPS

XPEL (NASDAQ:XPEL) announced its earnings results on Thursday. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.53 by $0.01, Briefing.com reports. XPEL had a return on equity of 26.80% and a net margin of 11.59%. The business had revenue of $112.85 million for the quarter, compared to analysts’ expectations of $114.59 million. During the same period in the prior year, the business posted $0.56 earnings per share. The firm’s revenue was up 9.9% on a year-over-year basis. XPEL updated its Q4 2024 guidance to EPS.

XPEL Trading Up 2.7 %

Shares of NASDAQ:XPEL traded up $1.17 during mid-day trading on Friday, hitting $43.78. The company had a trading volume of 122,553 shares, compared to its average volume of 198,980. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.77 and a quick ratio of 1.62. XPEL has a one year low of $30.75 and a one year high of $60.49. The firm has a fifty day moving average price of $42.17 and a 200 day moving average price of $39.99. The company has a market capitalization of $1.21 billion, a PE ratio of 25.06 and a beta of 1.85.

Analysts Set New Price Targets

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

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.