Expro Group Holdings N.V. (NYSE:XPRO) Given Average Rating of “Hold” by Brokerages

Shares of Expro Group Holdings N.V. (NYSE:XPRO) have been given an average rating of “Hold” by the six analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $14.00.

A number of brokerages have issued reports on XPRO. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Expro Group in a report on Wednesday, October 8th. Piper Sandler cut Expro Group from a “neutral” rating to an “underweight” rating and set a $13.00 target price for the company. in a research note on Thursday, December 18th. The Goldman Sachs Group upped their price target on Expro Group from $12.00 to $15.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Finally, Barclays raised their price objective on shares of Expro Group from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of Expro Group by 0.4% in the third quarter. Vanguard Group Inc. now owns 10,626,402 shares of the company’s stock valued at $126,242,000 after buying an additional 38,826 shares during the last quarter. American Century Companies Inc. raised its stake in Expro Group by 10.0% during the 2nd quarter. American Century Companies Inc. now owns 5,573,790 shares of the company’s stock valued at $47,879,000 after acquiring an additional 507,805 shares during the last quarter. Geode Capital Management LLC raised its stake in Expro Group by 3.9% during the 2nd quarter. Geode Capital Management LLC now owns 2,451,214 shares of the company’s stock valued at $21,058,000 after acquiring an additional 93,014 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in Expro Group by 35.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,553,748 shares of the company’s stock worth $13,347,000 after acquiring an additional 405,168 shares during the period. Finally, Boston Partners grew its stake in shares of Expro Group by 6.9% in the 3rd quarter. Boston Partners now owns 1,435,293 shares of the company’s stock valued at $17,054,000 after purchasing an additional 92,888 shares during the last quarter. 92.07% of the stock is currently owned by institutional investors and hedge funds.

Expro Group Stock Down 0.4%

Shares of Expro Group stock opened at $14.58 on Friday. The company has a quick ratio of 1.74, a current ratio of 2.11 and a debt-to-equity ratio of 0.07. Expro Group has a 52-week low of $6.70 and a 52-week high of $15.04. The company has a market capitalization of $1.66 billion, a P/E ratio of 24.70 and a beta of 1.00. The company has a 50 day moving average of $13.81 and a 200 day moving average of $12.17.

Expro Group (NYSE:XPRO) last announced its quarterly earnings data on Thursday, October 23rd. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $411.36 million for the quarter, compared to analyst estimates of $426.65 million. Expro Group had a net margin of 4.15% and a return on equity of 6.41%. The company’s revenue was down 2.7% on a year-over-year basis. During the same period last year, the business earned $0.23 EPS. As a group, research analysts forecast that Expro Group will post 0.68 EPS for the current fiscal year.

Expro Group Company Profile

Expro Group plc is a global energy services company that specializes in well flow management and well testing solutions for the oil and gas industry. The company’s core offerings include wellhead and pressure control systems, downhole well construction tools, subsea intervention services, and integrated tubular running services. These capabilities enable exploration and production companies to optimize well performance, enhance safety and mitigate operational risk throughout the drilling, completion and intervention phases of the well life cycle.

Founded in 1973, Expro has grown both organically and through targeted acquisitions to establish a presence in more than 30 countries.