XPLR Infrastructure, LP (NYSE:XIFR) Receives Consensus Recommendation of “Hold” from Analysts

XPLR Infrastructure, LP (NYSE:XIFR) has earned an average rating of “Hold” from the fifteen research firms that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $16.69.

XIFR has been the subject of a number of research analyst reports. Mizuho decreased their target price on XPLR Infrastructure from $15.00 to $12.00 and set a “neutral” rating for the company in a research report on Monday, May 12th. Barclays boosted their target price on XPLR Infrastructure from $6.00 to $9.00 and gave the stock an “underweight” rating in a research note on Monday, May 12th.

XPLR Infrastructure Stock Performance

NYSE:XIFR opened at $8.97 on Monday. The company has a current ratio of 1.85, a quick ratio of 1.76 and a debt-to-equity ratio of 0.48. XPLR Infrastructure has a 12-month low of $7.53 and a 12-month high of $29.03. The stock has a 50-day moving average price of $8.70 and a 200 day moving average price of $10.49. The stock has a market capitalization of $843.18 million, a P/E ratio of -4.72 and a beta of 0.91.

XPLR Infrastructure (NYSE:XIFR) last announced its earnings results on Thursday, May 8th. The solar energy provider reported ($1.05) EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($1.30). XPLR Infrastructure had a positive return on equity of 1.64% and a negative net margin of 14.10%. The business’s revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.75 earnings per share. Equities research analysts forecast that XPLR Infrastructure will post 2.33 EPS for the current fiscal year.

XPLR Infrastructure Company Profile

XPLR Infrastructure LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.