Expro Group Holdings N.V. (NYSE:XPRO) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Expro Group Holdings N.V. (NYSE:XPRO) has a consensus rating of “Moderate Buy” by five analysts, with two holding and three buying ratings, and an average target price of $12.50.
• Barclays has raised its price target for Expro Group to $15.00 and assigned an "overweight" rating, while Piper Sandler increased their target from $10.00 to $11.00.
• Expro Group reported $0.16 earnings per share for its last quarter, exceeding analysts' expectations, with revenue of $422.74 million against a forecast of $408.04 million.

Shares of Expro Group Holdings N.V. (NYSE:XPRO - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the five ratings firms that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $12.50.

XPRO has been the topic of several recent research reports. Barclays increased their price target on Expro Group from $12.00 to $15.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Weiss Ratings restated a "hold (c)" rating on shares of Expro Group in a research note on Saturday, September 27th. Piper Sandler upped their price objective on Expro Group from $10.00 to $11.00 and gave the stock a "neutral" rating in a research note on Thursday, August 14th. Finally, Pickering Energy Partners assumed coverage on Expro Group in a research note on Monday, July 28th. They set an "outperform" rating for the company.

Expro Group Stock Performance

NYSE XPRO traded up $0.64 during trading hours on Friday, hitting $12.51. The company's stock had a trading volume of 937,768 shares, compared to its average volume of 1,214,279. The company's 50 day simple moving average is $11.60 and its two-hundred day simple moving average is $9.74. The company has a market cap of $1.45 billion, a P/E ratio of 20.51 and a beta of 1.11. Expro Group has a 12 month low of $6.70 and a 12 month high of $18.06. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.14 and a quick ratio of 1.78.

Expro Group (NYSE:XPRO - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.04. Expro Group had a return on equity of 6.43% and a net margin of 4.26%.The business had revenue of $422.74 million during the quarter, compared to the consensus estimate of $408.04 million. Expro Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Expro Group will post 0.68 EPS for the current fiscal year.

Institutional Investors Weigh In On Expro Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its stake in shares of Expro Group by 54.3% in the third quarter. GAMMA Investing LLC now owns 2,475 shares of the company's stock worth $29,000 after purchasing an additional 871 shares during the last quarter. Tower Research Capital LLC TRC raised its position in Expro Group by 594.7% during the second quarter. Tower Research Capital LLC TRC now owns 11,942 shares of the company's stock valued at $103,000 after acquiring an additional 10,223 shares in the last quarter. Boothbay Fund Management LLC purchased a new position in Expro Group during the second quarter valued at approximately $812,000. Balyasny Asset Management L.P. raised its position in Expro Group by 113.7% during the second quarter. Balyasny Asset Management L.P. now owns 939,398 shares of the company's stock valued at $8,069,000 after acquiring an additional 499,826 shares in the last quarter. Finally, Bank of America Corp DE raised its position in Expro Group by 12.4% during the second quarter. Bank of America Corp DE now owns 531,510 shares of the company's stock valued at $4,566,000 after acquiring an additional 58,821 shares in the last quarter. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

Expro Group Company Profile

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.

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