Expro Group (NYSE:XPRO) Issues Earnings Results

Key Points

• Expro Group (NYSE:XPRO) reported a quarterly EPS of $0.16, missing analysts' consensus estimates of $0.27 by $0.11.
• The company has updated its FY 2025 guidance, but additional details were not disclosed in the earnings report.
• Institutional investors own 92.07% of Expro Group's stock, with several large firms increasing their stakes significantly in recent months.

Expro Group (NYSE:XPRO - Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.04, Zacks reports. Expro Group had a net margin of 4.26% and a return on equity of 6.43%. The company had revenue of $422.74 million during the quarter, compared to the consensus estimate of $408.04 million. Expro Group updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Expro Group Price Performance

Shares of XPRO traded down $0.25 during mid-day trading on Friday, hitting $10.53. The company's stock had a trading volume of 1,539,129 shares, compared to its average volume of 1,376,219. The firm has a 50-day moving average price of $9.06 and a 200 day moving average price of $10.01. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 17.26 and a beta of 1.20. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.14 and a quick ratio of 1.74. Expro Group has a fifty-two week low of $6.70 and a fifty-two week high of $21.57.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Strs Ohio acquired a new stake in Expro Group in the first quarter valued at approximately $104,000. Jane Street Group LLC increased its position in Expro Group by 732.6% during the first quarter. Jane Street Group LLC now owns 421,163 shares of the company's stock worth $4,186,000 after acquiring an additional 370,579 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Expro Group by 17.5% in 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 valued at $2,811,000 after buying an additional 42,203 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Expro Group by 47.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 903,612 shares of the company's stock valued at $8,982,000 after buying an additional 292,198 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake 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 valued at $559,000 after buying an additional 2,463 shares in the last quarter. 92.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Wells Fargo & Company initiated coverage on shares of Expro Group in a report on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 price objective on the stock. Barclays boosted their price target on shares of Expro Group from $12.00 to $15.00 and gave the stock an "overweight" rating in a research note on Friday. Pickering Energy Partners initiated coverage on shares of Expro Group in a report on Monday, July 28th. They issued an "outperform" rating on the stock. The Goldman Sachs Group reduced their price objective on shares of Expro Group from $17.00 to $12.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. Finally, Piper Sandler began coverage on shares of Expro Group in a research note on Tuesday, July 15th. They set a "neutral" rating and a $10.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $12.25.

About Expro Group

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.