XPEL, Inc. ($XPEL) Stock Forecast: Down 5.1% Today

What is XPEL, Inc.?

XPEL Inc. (XPEL) is a company that supplies automotive paint protection film, automotive window film, ceramic coatings, architectural window film products, and related tools and equipment. Today, the stock experienced a strong bearish movement.

Why is XPEL, Inc. going down?

XPEL stock is down 5.1% on Aug 28, 2024 18:43

• The multiple class action lawsuits filed against XPEL by various investor rights law firms have likely shaken investor confidence in the company.
• The looming lead plaintiff deadline and reminders to secure counsel indicate potential legal challenges and uncertainties surrounding XPEL's past actions during the specified Class Period.
• Investors may be concerned about the implications of these legal proceedings on XPEL's financial stability and future prospects, leading to the bearish market movement observed today.
• The negative sentiment surrounding the company due to the securities class action lawsuits could be driving the significant downward pressure on XPEL's stock price.

XPEL Price Chart

XPEL Technical Analysis

XPEL News

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of XPEL, Inc.(XPEL) Shareholders

NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in XPEL, Inc. ("XPEL" or the "Company") (NASDAQ: XPEL) of a class action securities lawsuit.

https://www.globenewswire.com/news-release/2024/08/28/2937226/3080/en/Levi-Korsinsky-Announces-the-Filing-of-a-Securities-Class-Action-on-Behalf-of-XPEL-Inc-XPEL-Shareholders.html

ROSEN, NATIONAL TRIAL COUNSEL, Encourages XPEL, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - XPEL

New York, New York--(Newsfile Corp. - August 26, 2024) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of XPEL, Inc. (NASDAQ: XPEL) between November 8, 2023 and May 2, 2024, both dates inclusive (the "Class Period"), of the important October 7, 2024 lead plaintiff deadline. SO WHAT: If you purchased XPEL securities during the Class Period you may be Jetzt den vollständigen Artikel lesen

https://www.wallstreet-online.de/nachricht/18424541-rosen-national-trial-counsel-encourages-xpel-inc-investors-to-secure-counsel-before-deadline-securities-class-action-xpel

ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages XPEL, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - XPEL

New York, New York--(Newsfile Corp. - August 23, 2024) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of XPEL, Inc. (NASDAQ: XPEL) between November 8, 2023 and May 2, 2024, both dates inclusive (the "Class Period"), of the important October 7, 2024 lead plaintiff deadline. SO WHAT: If you purchased XPEL securities during the Class Period you may be Jetzt den vollständigen Artikel lesen

https://www.wallstreet-online.de/nachricht/18414590-rosen-nationally-regarded-investor-counsel-encourages-xpel-inc-investors-to-secure-counsel-before-deadline-securities-class-action-xpel

Shareholder Rights Law Firm Robbins LLP Urges XPEL, Inc. (XPEL) Investors to Seek More Information About the Class Action Lawsuit

Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired XPEL Inc. (NASDAQ: XPEL) securities between November 8, 2023 and May 2, 2024. XPEL supplies automotive paint protection film, automotive window film, ceramic coatings, architectural window film products, and related tools and equipment to support the installation Jetzt den vollständigen Artikel lesen

https://www.wallstreet-online.de/nachricht/18414470-shareholder-rights-law-firm-robbins-llp-urges-xpel-inc-xpel-investors-to-seek-more-information-about-the-class-action-lawsuit

Levi & Korsinsky LLP Announces the Filing of a Securities Class Action on Behalf of XPEL, Inc.(XPEL) Shareholders

THE LAWSUIT: A class action securities lawsuit was filed against XPEL, Inc. (XPEL) that seeks to recover losses of XPEL shareholders who were adver…

https://www.tipranks.com/news/class-action/levi-korsinsky-llp-announces-the-filing-of-a-securities-class-action-on-behalf-of-xpel-inc-xpel-shareholders

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XPEL, Inc. Price History

23.07.2024 - XPEL Stock was up 5.2%

• Despite facing multiple securities lawsuits and investigations, XPEL's stock experienced a strong bullish movement.
• Investors may be optimistic about the company's ability to navigate through the legal challenges and maintain its market position.
• The bullish trend could also be attributed to positive industry trends or potential upcoming product launches that are driving investor confidence in XPEL's future growth prospects.

28.07.2024 - XPEL Stock was down 5.5%

• XPEL experienced a bearish movement today due to multiple class action lawsuits being filed against the company by various investor rights law firms.
• The legal uncertainties surrounding XPEL's securities between November 8, 2023, and May 2, 2024, have likely caused investor concerns and led to the downward pressure on the stock.
• Investors are advised to closely monitor the developments of these lawsuits and the upcoming lead plaintiff deadline on October 7, 2024, to assess the potential impact on XPEL's stock performance.
• The negative sentiment stemming from the legal actions has overshadowed the company's core business operations, contributing to the bearish trend in the market movement of XPEL today.

28.07.2024 - XPEL Stock was down 5.1%

• The multiple class action lawsuits filed against XPEL by various investor rights law firms have likely shaken investor confidence in the company.
• The looming lead plaintiff deadline and reminders to secure counsel indicate potential legal challenges and uncertainties surrounding XPEL's past actions during the specified Class Period.
• Investors may be concerned about the implications of these legal proceedings on XPEL's financial stability and future prospects, leading to the bearish market movement observed today.
• The negative sentiment surrounding the company due to the securities class action lawsuits could be driving the significant downward pressure on XPEL's stock price.

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.

01.06.2024 - XPEL Stock was down 5.4%

• 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.

08.07.2024 - XPEL Stock was up 36.0%

• XPEL reported record revenue of $109.9 million in the second quarter of 2024, showcasing a 7.5% increase.
• The company demonstrated a solid gross margin of 43.5% in the same quarter, indicating efficient cost management.
• Despite facing challenges in China, XPEL experienced strong growth in the US and Canada, contributing to its overall positive performance.
• Maintaining an 8-10% annual growth outlook for 2024 suggests that investors are optimistic about XPEL's future prospects, further boosting the bullish sentiment in the market.

08.07.2024 - XPEL Stock was up 39.9%

• Record revenue of $109.9 million was reported by XPEL in the second quarter of 2024, showing a 7.5% increase.
• The company's net income also saw a significant rise to $15.0 million.
• Despite encountering challenges in China, XPEL maintained its annual growth outlook of 8-10% for 2024.
• The upbeat earnings report and the overall positive market momentum likely played a role in XPEL's impressive stock performance today.

09.07.2024 - XPEL Stock was up 6.0%

• XPEL stock experienced a significant bullish movement after reporting better-than-expected second-quarter financial results.
• The flurry of class action lawsuits and investigations by various law firms against XPEL may have initially caused uncertainty and volatility in the stock price.
• Despite the legal challenges, investors seemed to focus more on the positive financial results, leading to a surge in the stock price.
• The overall positive sentiment in the market, with U.S. stocks trading higher and crude oil gaining, likely contributed to the bullish movement of XPEL stock.

09.07.2024 - XPEL Stock was down 5.3%

• The multiple class action lawsuits and investigations against XPEL by various law firms have likely contributed to the bearish market movement.
• Investors might be concerned about the potential securities fraud violations and losses exceeding $100,000, leading to a sell-off of XPEL stock.
• The negative sentiment surrounding the company due to the legal actions could be impacting investor confidence and driving the downward trend in the stock price.