XPEL (XPEL) Set to Announce Earnings on Thursday

XPEL (NASDAQ:XPEL) will release its earnings data 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.Investors that wish to listen to the company’s conference call can do so using this link.

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

XPEL Stock Down 2.5 %

Shares of XPEL stock opened at $40.02 on Thursday. The company has a market capitalization of $1.11 billion, a P/E ratio of 23.54 and a beta of 1.83. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.77 and a quick ratio of 1.62. The business has a 50-day moving average of $42.66 and a two-hundred day moving average of $40.45. XPEL has a 1 year low of $30.75 and a 1 year high of $60.49.

Wall Street Analyst Weigh In

Several analysts have commented on XPEL shares. Craig Hallum upgraded shares of XPEL from a “hold” rating to a “buy” rating in a report on Thursday, August 8th. B. Riley raised XPEL from a “neutral” rating to a “buy” rating and lifted their target price for the company from $37.00 to $58.00 in a research report on Friday, August 9th.

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.