T. Rowe Price Investment Management Inc. trimmed its position in Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 36.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,056,403 shares of the company's stock after selling 4,069,103 shares during the quarter. T. Rowe Price Investment Management Inc. owned 6.12% of Expro Group worth $70,141,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XPRO. Millennium Management LLC acquired a new position in Expro Group in the 4th quarter valued at $21,711,000. Brown Advisory Inc. increased its stake in Expro Group by 108.3% during the 4th quarter. Brown Advisory Inc. now owns 1,686,177 shares of the company's stock worth $21,027,000 after acquiring an additional 876,619 shares during the period. American Century Companies Inc. increased its stake in Expro Group by 20.4% during the 1st quarter. American Century Companies Inc. now owns 5,065,985 shares of the company's stock worth $50,356,000 after acquiring an additional 859,000 shares during the period. Nuveen LLC bought a new position in Expro Group during the 1st quarter worth $8,231,000. Finally, Boston Partners increased its stake in Expro Group by 2,662.7% during the 1st quarter. Boston Partners now owns 772,428 shares of the company's stock worth $7,674,000 after acquiring an additional 744,469 shares during the period. 92.07% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have commented on XPRO shares. Barclays raised their price objective on Expro Group from $12.00 to $15.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Piper Sandler raised 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. Wells Fargo & Company started coverage on Expro Group in a research note on Tuesday, May 27th. They set an "overweight" rating and a $12.00 price objective on the stock. Finally, Pickering Energy Partners started coverage on Expro Group in a research note on Monday, July 28th. They set an "outperform" rating on the stock. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $12.50.
View Our Latest Stock Analysis on XPRO
Expro Group Price Performance
Shares of NYSE XPRO traded down $0.23 during mid-day trading on Tuesday, hitting $12.19. 1,223,914 shares of the stock traded hands, compared to its average volume of 1,242,850. 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 Holdings N.V. has a twelve month low of $6.70 and a twelve month high of $20.47. The company has a market cap of $1.41 billion, a PE ratio of 19.98 and a beta of 1.20. The firm has a 50 day simple moving average of $9.73 and a two-hundred day simple moving average of $9.66.
Expro Group (NYSE:XPRO - Get Free Report) last released its quarterly earnings data 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 company 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 research analysts forecast that Expro Group Holdings N.V. will post 0.68 EPS for the current fiscal year.
About Expro Group
(
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.
Read More
Before you consider Expro Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Expro Group wasn't on the list.
While Expro Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access