XPEL (XPEL) Set to Announce Quarterly Earnings on Thursday

XPEL (NASDAQ:XPEL) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect XPEL to post earnings of $0.53 per share for the quarter. XPEL has set its FY 2024 guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

XPEL (NASDAQ:XPEL) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.08. The company had revenue of $109.92 million during the quarter, compared to analyst estimates of $105.67 million. XPEL had a return on equity of 26.80% and a net margin of 11.59%. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.57 EPS. On average, analysts expect XPEL to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

XPEL Trading Up 1.5 %

Shares of XPEL stock traded up $0.60 on Tuesday, reaching $39.85. 16,939 shares of the company were exchanged, compared to its average volume of 197,641. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 23.09 and a beta of 1.85. XPEL has a fifty-two week low of $30.75 and a fifty-two week high of $60.49. The company has a current ratio of 4.77, a quick ratio of 1.62 and a debt-to-equity ratio of 0.06. The stock has a fifty day moving average price of $42.31 and a 200-day moving average price of $40.07.

Analysts Set New Price Targets

Several brokerages recently issued reports on XPEL. Craig Hallum raised XPEL from a “hold” rating to a “buy” rating in a research note on Thursday, August 8th. B. Riley raised XPEL from a “neutral” rating to a “buy” rating and increased their price objective for the company from $37.00 to $58.00 in a report on Friday, August 9th.

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.