BlackRock Fund Advisors has recently announced that it has increased stake in XPEL Inc. (NASDAQ:XPEL) by 9.49%. After grabbing 3.0 million shares, the institutional investor is now in possession of 0.26 million shares of the Consumer Cyclical Company. The new investment brought the stake of investor firm to 10.85% having worth around $179.99 million. Moreover, Neuberger Berman Investment Advis increased its share by 42614.0 to have a control over 1.43 million shares. And The Vanguard Group, Inc. raised its holdings to 72452.0 shares by acquiring 1.27 million shares or 4.61% of the stake.
XPEL Inc. (XPEL) concluded trading on 01/19/23 at a closing price of $70.22, with 0.16 million shares of worth about $10.93 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.33% during that period and on Thursday the price saw a loss of about -2.67%. Currently the company’s common shares owned by public are about 27.62M shares, out of which, 19.66M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 130 times over the past 12 months. They bought 5,494 shares in 5 of the transactions. In 125 selling transactions, insiders dumped 1,230,127 shares.
iShares Core S&P Small Cap ETF, Neuberger Berman Genesis Fund, and Wasatch Core Growth Fund are the top 3 mutual funds which are holding stakes in XPEL Inc. iShares Core S&P Small Cap ETF is currently holding 1.45 million shares of worth totaling $87.12 million. The company recently came selling 1096.0 shares which brought its stake up to 5.25% of the company’s outstanding shares. Neuberger Berman Genesis Fund bought 22264.0 shares, after which its hold over company’s outstanding shares expand to 3.46%, leaving 0.96 million shares with the mutual fund that have a worth of about $57.41 million. Wasatch Core Growth Fund, after selling 0.69 million shares, have now control over 2.51% of the stake in the company. It holds -0.1 million shares of worth $41.56 million.
XPEL Inc. (NASDAQ: XPEL) started trading at $71.65, below -$0.5 from concluding price of the previous day. However, the stock later moved at a day high price of 71.65, or with a loss of -2.67%. Stock saw a price change of 2.33% in past 5 days and over the past one month there was a price change of 13.08%. Year-to-date (YTD), XPEL shares are showing a performance of 16.92% which increased to 11.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $39.80 but also hit the highest price of $87.01 during that period. The average intraday trading volume for XPEL Inc. shares is 118.32K. The stock is currently trading 11.11% above its 20-day simple moving average (SMA20), while that difference is up 9.01% for SMA50 and it goes to 18.63% higher than SMA200.
BlackRock Fund Advisors acquired 3.0 million shares of XPEL Inc. having value of about $179.99 million. Data submitted at the U.S SEC by BlackRock Fund Advisors revealed that the firm now holds 0.26 million shares in the company valued at close to $18232342.12, or have control over 9.49% stake in the company. XPEL Inc. (NASDAQ: XPEL) currently have 27.62M outstanding shares and institutions hold larger chunk of about 61.50% of that. Holding of mutual funds in the company is about 23.32% while other institutional holders and individual stake holders have control over 36.89% and 22.35% of the stake respectively.
The stock has a current market capitalization of $1.89B and its 3Y-monthly beta is at 1.57. PE ratio of stock for trailing 12 months is 49.42, while it has posted earnings per share of $1.42 in the same period. It has Quick Ratio of 1.10 while making debt-to-equity ratio of 0.23. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for XPEL, volatility over the week remained 4.36% while standing at 4.10% over the month.
Analysts are in expectations that XPEL Inc. (XPEL) stock would likely to be making an EPS of $0.44 in the current quarter, while forecast for next quarter EPS is $0.47 and it is $2.22 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.42 which is $0.46 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.32 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 72.70% while it is estimated to increase by 34.46% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley FBR on February 05, 2020 offering a Buy rating for the stock and assigned a target price of $22 to it.