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As you might know, XPEL, Inc. (NASDAQ:XPEL) just kicked off its latest quarterly results with some very strong numbers. It was overall a positive result, with revenues beating expectations by 6.6% to hit US$104m. XPEL reported statutory earnings per share (EPS) US$0.31, which was a notable 17% above what the analysts had forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Taking into account the latest results, the current consensus from XPEL's three analysts is for revenues of US$460.9m in 2025. This would reflect an okay 6.2% increase on its revenue over the past 12 months. Statutory earnings per share are expected to dip 2.4% to US$1.67 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$460.6m and earnings per share (EPS) of US$1.81 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.
Check out our latest analysis for XPEL
The average price target fell 13% to US$46.00, with reduced earnings forecasts clearly tied to a lower valuation estimate. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on XPEL, with the most bullish analyst valuing it at US$55.00 and the most bearish at US$38.00 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that XPEL's revenue growth is expected to slow, with the forecast 8.3% annualised growth rate until the end of 2025 being well below the historical 22% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 9.6% annually. Factoring in the forecast slowdown in growth, it looks like XPEL is forecast to grow at about the same rate as the wider industry.