Expro Group Holdings N.V. $XPRO Shares Sold by Encompass Capital Advisors LLC

Key Points

• Encompass Capital Advisors LLC significantly reduced its stake in Expro Group Holdings N.V., selling 1,912,619 shares and now holding 661,503 shares, which represents a 74.3% decrease in ownership.
• Expro Group's stock is currently trading at $11.99 with a market capitalization of $1.39 billion and has a one-year high of $18.79.
• The company exceeded earnings expectations for the recent quarter, reporting $0.16 EPS against an estimate of $0.12, alongside revenue of $422.74 million.

Encompass Capital Advisors LLC trimmed its position in Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 74.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 661,503 shares of the company's stock after selling 1,912,619 shares during the period. Encompass Capital Advisors LLC owned about 0.57% of Expro Group worth $6,575,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XPRO. Raymond James Financial Inc. bought a new stake in Expro Group in the 4th quarter worth approximately $376,000. First Trust Advisors LP boosted its holdings in shares of Expro Group by 56.8% in the 4th quarter. First Trust Advisors LP now owns 36,073 shares of the company's stock worth $450,000 after purchasing an additional 13,061 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Expro Group by 1,413.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 11,126 shares of the company's stock worth $139,000 after purchasing an additional 10,391 shares during the period. Schonfeld Strategic Advisors LLC purchased a new position in shares of Expro Group in the 4th quarter worth approximately $732,000. Finally, Algert Global LLC boosted its holdings in shares of Expro Group by 953.6% in the 4th quarter. Algert Global LLC now owns 178,056 shares of the company's stock worth $2,220,000 after purchasing an additional 161,156 shares during the period. Institutional investors own 92.07% of the company's stock.

Wall Street Analyst Weigh In

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

Expro Group Stock Performance

Expro Group stock traded down $0.14 during trading hours on Tuesday, hitting $12.18. 215,281 shares of the stock traded hands, compared to its average volume of 1,234,533. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.14 and a quick ratio of 1.78. The firm's 50 day moving average price is $10.42 and its 200-day moving average price is $9.58. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 19.96 and a beta of 1.24. Expro Group Holdings N.V. has a 1 year low of $6.70 and a 1 year high of $18.56.

Expro Group (NYSE:XPRO - Get Free Report) last posted its quarterly 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. 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 for 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, equities analysts expect that Expro Group Holdings N.V. will post 0.68 EPS for the current fiscal year.

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.