XPEL (NASDAQ:XPEL) Shares Down 8.8% – Should You Sell?

XPEL, Inc. (NASDAQ:XPEL) shares dropped 8.8% during trading on Monday . The company traded as low as $24.85 and last traded at $24.84. Approximately 191,240 shares were traded during trading, a decline of 7% from the average daily volume of 205,921 shares. The stock had previously closed at $27.25.

XPEL Trading Down 3.6 %

The firm has a market cap of $726.14 million, a PE ratio of 15.01 and a beta of 1.83. The firm has a fifty day simple moving average of $35.55 and a two-hundred day simple moving average of $39.92.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.06). The business had revenue of $107.53 million during the quarter, compared to analysts’ expectations of $106.98 million. XPEL had a return on equity of 24.68% and a net margin of 11.61%. Equities analysts expect that XPEL, Inc. will post 1.73 earnings per share for the current fiscal year.

Institutional Investors Weigh In On XPEL

A number of large investors have recently modified their holdings of the stock. GAMMA Investing LLC lifted its holdings in XPEL by 11,892.7% in the first quarter. GAMMA Investing LLC now owns 98,100 shares of the company’s stock worth $2,882,000 after buying an additional 97,282 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of XPEL by 0.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 158,714 shares of the company’s stock worth $6,339,000 after acquiring an additional 1,418 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of XPEL by 18.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 55,115 shares of the company’s stock valued at $2,201,000 after purchasing an additional 8,484 shares during the period. Squarepoint Ops LLC bought a new stake in shares of XPEL during the fourth quarter valued at approximately $210,000. Finally, State of Wyoming grew its stake in XPEL by 416.7% in the fourth quarter. State of Wyoming now owns 6,402 shares of the company’s stock worth $256,000 after purchasing an additional 5,163 shares during the period. Institutional investors own 75.08% of the company’s stock.

About XPEL

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.