Mirae Asset Global Investments Co. Ltd. Takes Position in XPEL, Inc. (NASDAQ:XPEL)

Mirae Asset Global Investments Co. Ltd. bought a new stake in XPEL, Inc. (NASDAQ:XPEL) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 10,703 shares of the company’s stock, valued at approximately $576,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Amalgamated Bank grew its holdings in shares of XPEL by 2.8% in the third quarter. Amalgamated Bank now owns 9,613 shares of the company’s stock valued at $741,000 after purchasing an additional 259 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in shares of XPEL by 4.9% in the third quarter. Teacher Retirement System of Texas now owns 6,488 shares of the company’s stock valued at $500,000 after purchasing an additional 303 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in shares of XPEL by 2.6% in the third quarter. State of Alaska Department of Revenue now owns 13,242 shares of the company’s stock valued at $1,021,000 after purchasing an additional 340 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of XPEL by 6.2% in the fourth quarter. SG Americas Securities LLC now owns 7,421 shares of the company’s stock valued at $400,000 after purchasing an additional 436 shares in the last quarter. Finally, Arizona State Retirement System grew its holdings in shares of XPEL by 8.1% in the third quarter. Arizona State Retirement System now owns 6,291 shares of the company’s stock valued at $485,000 after purchasing an additional 473 shares in the last quarter. 75.08% of the stock is owned by hedge funds and other institutional investors.

XPEL Trading Down 3.9 %

XPEL stock opened at $53.77 on Friday. The firm has a fifty day moving average price of $53.71 and a 200 day moving average price of $52.66. XPEL, Inc. has a fifty-two week low of $40.77 and a fifty-two week high of $87.46. 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 cap of $1.49 billion, a PE ratio of 28.30 and a beta of 1.84.

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

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.