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XPEL, Inc. ($XPEL) Stock Forecast: Down 5.4% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is XPEL, Inc.?

XPEL, a company specializing in protective films for automotive paint and windows, saw a bearish overall market sentiment today.

Why is XPEL, Inc. going down?

XPEL stock is down 5.4% on Jul 1, 2024 19:25

  • XPEL faced a notable downward trend following a ratings downgrade from Hold to Sell.
  • The company's earnings report revealed substantial revenue and EPS misses, potentially influencing the unfavorable market sentiment.
  • XPEL is grappling with challenges and valuation concerns, prompting heightened selling activity.
  • Investors are responding to recent developments by divesting their holdings in XPEL amid expectations of ongoing downside prospects.

XPEL Price Chart

XPEL News

XPEL: Headwinds And Valuation Make It A Sell (Ratings Downgrade)

XPEL''s recent earnings report was disappointing, with significant revenue and EPS misses. Read why downgrade XPEL stock from Hold to Sell.

https://seekingalpha.com/article/4700860-xpel-headwinds-and-valuation-make-it-a-sell-downgrade?source=feed_all_articles

News Article Image XPEL: Headwinds And Valuation Make It A Sell (Ratings Downgrade)

XPEL, Inc. Price History

20.02.2024 - XPEL Stock was up 5.3%

  • An investor letter emphasizing the strong operating results of high-quality companies was recently released.
  • The market responded well to this letter, causing an upturn in the trend and a rise in XPEL's stock price.
  • Investors may be holding onto XPEL due to the positive outlook presented in the investor letter, which has contributed to today's bullish movement in the stock.

23.01.2024 - XPEL Stock was down 5.7%

  • The bearish movement in XPEL's stock today can be attributed to the following factors:
  • Despite posting strong revenue and net income growth in Q4 and year-end 2023 results, the GAAP EPS of $0.43 missed expectations by $0.05.
  • Although the revenue of $105.5M beat estimates by $8.87M, investors may have been disappointed by the earnings miss.
  • With analysts estimating an EPS of $0.48 for the latest quarterly earnings report, the lower-than-expected earnings could have led to the bearish market movement.
  • Investors were likely anticipating positive guidance or forecasted growth from XPEL, which may not have been provided in the earnings report, contributing to the downward trend in the stock price.

23.01.2024 - XPEL Stock was down 5.7%

  • Despite strong revenue and net income growth in Q4 and full-year 2023, XPEL's GAAP EPS of $0.43 fell short of expectations by $0.05.
  • The revenue of $105.5M exceeded estimates by $8.87M, indicating a favorable sales performance.
  • Investors are anxiously waiting for the upcoming earnings report on February 22, 2024, to see if XPEL can outperform the estimated EPS of $0.48 and offer positive growth prospects.
  • The discrepancy between missing EPS expectations and surpassing revenue forecasts potentially contributed to the stock's bearish movement as investors reassess their positions based on the company's financial results.

22.01.2024 - XPEL Stock was down 0.7%

  • Despite posting strong revenue and net income growth in Q4 and year-end 2023 results, XPEL's stock experienced a bearish movement, indicating that the market may have had higher expectations.
  • The upcoming earnings report on February 22, 2024, with analysts estimating an EPS of $0.48, could have led to profit-taking by investors ahead of the announcement.
  • Investors might be cautious due to the uncertainty surrounding XPEL's future guidance and forecasted growth, leading to a sell-off in the stock.

13.01.2024 - XPEL Stock was down 5.2%

  • The company's financial performance, as indicated by various discussions, could be one reason why the market reacted negatively.
  • Investors closely followed the quarterly results of XPEL, as mentioned in various sources, and this could have influenced the market sentiment.
  • The bearish movement might be linked to factors such as disappointing earnings, missed revenue targets, or a downward adjustment in future guidance.
  • It is possible that investors had higher expectations for XPEL's performance, leading to the bearish movement observed in the market.

09.10.2023 - XPEL Stock was down 6.2%

  • Possible assessment:
  • XPEL reported strong revenue growth and record revenue in Q3 2023, indicating a positive performance.
  • The stock's bearish movement could be attributed to factors such as profit-taking by investors after the positive news or external market conditions affecting the overall sentiment.
  • It's important to note that a shareholder alert was issued, but it is unclear if this directly impacted the stock's movement today.
  • Further analysis and monitoring of market conditions and news developments related to XPEL are recommended to understand the full picture of the bearish movement.

08.10.2023 - XPEL Stock was down 11.2%

  • XPEL reported record revenue of $102.7 million in the third quarter, with a 14.4% increase. However, despite the positive financial results, the stock had a bearish movement.
  • The market had high expectations for XPEL's Q3 earnings, with a consensus EPS estimate of $0.69 and revenue estimate of $104.7 million. The actual results might have fallen short of these expectations, leading to the bearish movement.
  • The presence of a shareholder alert regarding potential securities litigation could have also negatively impacted investor sentiment, contributing to the bearish movement.

03.10.2023 - XPEL Stock was up 5.3%

  • The bullish movement in XPEL could be attributed to positive investor sentiment and confidence in the company's products and services.
  • The ongoing investor alerts mentioned in the articles may have caused some initial concerns, but it seems that investors have overcome those concerns and are optimistic about the future prospects of XPEL.
  • It is possible that investors see potential growth opportunities for XPEL in the automotive industry, leading to increased buying activity and driving the stock price higher.

30.09.2023 - XPEL Stock was down 5.1%

  • The ongoing investor alert regarding securities litigation could have caused concerns among investors, leading to a sell-off of XPEL stock.
  • The announcement of two new additions to the leadership team might not have had a significant impact on the market movement, as it does not directly address any potential issues or catalysts for the bearish movement.
  • It is possible that the investor alert overshadowed the positive news of the new executive hires, contributing to the bearish market movement.

18.09.2023 - XPEL Stock was down 5.7%

  • The bearish movement in XPEL's stock could be attributed to the news about its business levels with Tesla. This news might have raised concerns among investors about the company's growth prospects, leading to a sell-off of the stock.
  • The article mentioning XPEL's talks with auto manufacturers to expand product offerings could also be a contributing factor to the bearish movement. Investors might be worried about the potential competition and market saturation in the automotive paint protection film industry.
  • Additionally, the article highlighting Tesla news as an indicator of the future might have influenced investor sentiment towards XPEL. If the news about Tesla was negative or raised concerns about the overall automotive industry, it could have had a spillover effect on XPEL's stock performance.

12.09.2023 - XPEL Stock was down 9.1%

  • The bearish movement in XPEL's stock today could be attributed to several factors:
  • 1. Profit-taking: Investors may have decided to sell their XPEL shares to lock in profits after a period of strong performance.
  • 2. Market sentiment: The overall market sentiment towards the automotive industry might have influenced XPEL's stock movement. If there are concerns about the industry's growth or challenges faced by auto manufacturers, it could have a negative impact on XPEL's stock.
  • 3. Uncertainty regarding the business levels with Tesla: The article mentioning XPEL's clarification on its business levels with Tesla could have created uncertainty among investors. If there are doubts about the extent of XPEL's partnership with Tesla, it could have contributed to the bearish movement in the stock.
  • 4. Competitive landscape: XPEL operates in a competitive market, and any news or developments related to its competitors could also impact its stock performance. If there are reports of new entrants or innovative products from competitors, it could lead to a bearish sentiment towards XPEL.

10.07.2023 - XPEL Stock was up 7.0%

  • XPEL's Q2 revenues grew by 21.9% year-on-year, exceeding expectations.
  • The company's EPS of $0.57 was in line with analyst consensus.
  • The positive earnings results likely contributed to the bullish movement in XPEL's stock today.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.