XPEL (NASDAQ:XPEL) Announces Quarterly Earnings Results

XPEL (NASDAQ:XPEL) issued its quarterly earnings results on Thursday. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02), Briefing.com reports. XPEL had a return on equity of 29.11% and a net margin of 11.99%. The business had revenue of $90.10 million for the quarter, compared to analysts’ expectations of $94.08 million. During the same period in the prior year, the company earned $0.41 EPS. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year.

XPEL Stock Down 2.4 %

Shares of NASDAQ:XPEL opened at $32.07 on Friday. The stock has a 50-day simple moving average of $52.77 and a 200-day simple moving average of $51.76. The stock has a market capitalization of $886.09 million, a P/E ratio of 18.54 and a beta of 1.84. XPEL has a 1 year low of $30.75 and a 1 year high of $87.46. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 4.81.

Analyst Ratings Changes

XPEL has been the subject of a number of research analyst reports. B. Riley reaffirmed a “neutral” rating and set a $37.00 price objective (down previously from $74.00) on shares of XPEL in a research note on Friday. Craig Hallum reaffirmed a “hold” rating and set a $40.00 price target (down previously from $60.00) on shares of XPEL in a research note on Friday.

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.