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

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

XPEL Price Performance

Shares of NASDAQ XPEL traded up $1.80 during mid-day trading on Friday, reaching $44.41. The company’s stock had a trading volume of 138,134 shares, compared to its average volume of 199,052. 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 52 week low of $30.75 and a 52 week high of $60.49. The stock has a fifty day moving average of $42.17 and a two-hundred day moving average of $39.99. The firm has a market capitalization of $1.23 billion, a PE ratio of 25.06 and a beta of 1.85.

Analyst Ratings Changes

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

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.