Graham Capital Management L.P. Lowers Stock Position in Expro Group Holdings N.V. $XPRO

Key Points

• Graham Capital Management L.P. reduced its stake in Expro Group Holdings N.V. by 16.9% in Q1, now holding 0.09% of the company worth approximately $1.07 million.
• Expro Group’s stock has faced a 2.7% decline, currently priced at $11.99, with a market cap of $1.39 billion and a P/E ratio of 19.65.
• Recent analyst activity includes upgrades, with Barclays increasing the price target from $12.00 to $15.00, reflecting a positive outlook for Expro Group's stock.

Graham Capital Management L.P. reduced its holdings in Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 16.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 107,812 shares of the company's stock after selling 21,864 shares during the period. Graham Capital Management L.P. owned approximately 0.09% of Expro Group worth $1,072,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in XPRO. Fifth Third Bancorp purchased a new position in shares of Expro Group during the 1st quarter worth about $87,000. Brighton Jones LLC purchased a new stake in shares of Expro Group in the 1st quarter valued at $103,000. Versor Investments LP purchased a new stake in shares of Expro Group in the 1st quarter valued at $111,000. HighTower Advisors LLC acquired a new position in shares of Expro Group in the 1st quarter valued at $125,000. Finally, Tower Research Capital LLC TRC raised its position in Expro Group by 1,413.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company's stock worth $139,000 after acquiring an additional 10,391 shares during the period. 92.07% of the stock is owned by hedge funds and other institutional investors.

Expro Group Stock Down 0.6%

NYSE:XPRO traded down $0.08 during mid-day trading on Tuesday, hitting $12.23. The stock had a trading volume of 110,612 shares, compared to its average volume of 1,233,887. The stock has a 50-day simple moving average of $10.42 and a two-hundred day simple moving average of $9.58. The company has a market capitalization of $1.41 billion, a PE ratio of 20.03 and a beta of 1.24. Expro Group Holdings N.V. has a twelve month low of $6.70 and a twelve month high of $18.56. The company has a current ratio of 2.14, a quick ratio of 1.78 and a debt-to-equity ratio of 0.09.

Expro Group (NYSE:XPRO - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.04. The firm had revenue of $422.74 million for the quarter, compared to analysts' expectations of $408.04 million. Expro Group had a net margin of 4.26% and a return on equity of 6.43%. Expro Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Expro Group Holdings N.V. will post 0.68 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Wells Fargo & Company assumed coverage on shares of Expro Group in a report on Tuesday, May 27th. They issued an "overweight" rating and a $12.00 price objective for the company. Piper Sandler upped their price objective on shares of Expro Group from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Thursday, August 14th. Pickering Energy Partners assumed coverage on shares of Expro Group in a report on Monday, July 28th. They issued an "outperform" rating for the company. Finally, Barclays upped their price objective on shares of Expro Group from $12.00 to $15.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $12.50.

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.