Analysts Set Expro Group Holdings N.V. (NYSE:XPRO) PT at $15.25

Shares of Expro Group Holdings N.V. (NYSE:XPRO) have earned a consensus rating of “Hold” from the seven brokerages that are covering the firm, Marketbeat.com reports. Two research analysts have 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 objective among analysts that have covered the stock in the last year is $15.25.

Several research firms have recently weighed in on XPRO. Piper Sandler cut Expro Group from a “neutral” rating to an “underweight” rating and set a $13.00 price objective for the company. in a research report on Thursday, December 18th. Freedom Capital lowered shares of Expro Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Expro Group in a research note on Wednesday, January 21st. Finally, Barclays increased their price target on shares of Expro Group from $16.00 to $21.00 and gave the company an “overweight” rating in a report on Monday, February 23rd.

Expro Group Trading Up 0.2%

Expro Group stock opened at $17.94 on Friday. Expro Group has a 52 week low of $6.70 and a 52 week high of $18.73. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.79 and a current ratio of 2.16. The firm has a market capitalization of $2.04 billion, a PE ratio of 39.87 and a beta of 0.91. The business’s 50-day simple moving average is $16.72 and its 200-day simple moving average is $14.61.

Expro Group (NYSE:XPRO) last released its earnings results on Thursday, February 19th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. The firm had revenue of $382.13 million for the quarter, compared to analyst estimates of $413.47 million. Expro Group had a return on equity of 5.09% and a net margin of 3.22%.The company’s revenue was down 12.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.19 EPS. Equities research analysts forecast that Expro Group will post 0.68 earnings per share for the current year.

Institutional Investors Weigh In On Expro Group

Hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC grew its position in Expro Group by 47.3% during the first quarter. AQR Capital Management LLC now owns 161,099 shares of the company’s stock worth $1,601,000 after buying an additional 51,727 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Expro Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,285 shares of the company’s stock worth $559,000 after acquiring an additional 2,463 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Expro Group by 47.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 903,612 shares of the company’s stock worth $8,982,000 after purchasing an additional 292,198 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Expro Group by 17.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 282,788 shares of the company’s stock worth $2,811,000 after purchasing an additional 42,203 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in Expro Group by 732.6% in the 1st quarter. Jane Street Group LLC now owns 421,163 shares of the company’s stock valued at $4,186,000 after buying an additional 370,579 shares during the period. Institutional investors own 92.07% of the company’s stock.

About Expro Group

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.