Expro Group Holdings N.V. (NYSE:XPRO - Get Free Report)'s stock price rose 5.8% during mid-day trading on Monday . The stock traded as high as $9.12 and last traded at $9.16. Approximately 218,206 shares traded hands during trading, a decline of 81% from the average daily volume of 1,177,197 shares. The stock had previously closed at $8.65.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on XPRO shares. The Goldman Sachs Group dropped their target price on shares of Expro Group from $17.00 to $12.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. Barclays lifted their price target on shares of Expro Group from $12.00 to $15.00 and gave the company an "overweight" rating in a research report on Friday. 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 target price on the stock. Pickering Energy Partners started coverage on Expro Group in a research note on Monday. They set an "outperform" rating for the company. Finally, Piper Sandler started coverage on shares of Expro Group in a research note on Tuesday, July 15th. They issued a "neutral" rating and a $10.00 target price for the company. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $12.25.
View Our Latest Research Report on Expro Group
Expro Group Stock Down 1.3%
The stock has a 50 day moving average of $9.00 and a 200-day moving average of $10.03. The firm has a market capitalization of $1.23 billion, a P/E ratio of 17.46 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.74 and a current ratio of 2.14.
Expro Group (NYSE:XPRO - Get Free Report) last issued 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. The firm had revenue of $422.74 million during the quarter, compared to the consensus estimate of $408.04 million. Expro Group had a return on equity of 6.43% and a net margin of 4.26%. Research analysts predict that Expro Group Holdings N.V. will post 0.68 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Expro Group
A number of large investors have recently modified their holdings of XPRO. Nisa Investment Advisors LLC grew its position in Expro Group by 2,394.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 3,018 shares of the company's stock worth $26,000 after acquiring an additional 2,897 shares during the last quarter. Sterling Capital Management LLC raised its stake in Expro Group by 824.7% during the 4th quarter. Sterling Capital Management LLC now owns 3,033 shares of the company's stock valued at $38,000 after buying an additional 2,705 shares during the last quarter. Fifth Third Bancorp purchased a new stake in Expro Group during the 1st quarter valued at $87,000. Pallas Capital Advisors LLC purchased a new stake in Expro Group during the 2nd quarter valued at $90,000. Finally, Brighton Jones LLC purchased a new stake in Expro Group during the 1st quarter valued at $103,000. 92.07% of the stock is owned by hedge funds and other institutional investors.
About Expro Group
(
Get Free Report)
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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