Invesco Ltd. trimmed its stake in shares of Expro Group Holdings N.V. (NYSE:XPRO - Free Report) by 23.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 170,025 shares of the company's stock after selling 52,494 shares during the quarter. Invesco Ltd. owned 0.15% of Expro Group worth $1,690,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in XPRO. Raymond James Financial Inc. acquired a new position in shares of Expro Group during the 4th quarter worth about $376,000. First Trust Advisors LP boosted its position in shares of Expro Group by 56.8% during the 4th quarter. First Trust Advisors LP now owns 36,073 shares of the company's stock worth $450,000 after acquiring an additional 13,061 shares in the last quarter. MetLife Investment Management LLC boosted its position in shares of Expro Group by 5.9% during the 4th quarter. MetLife Investment Management LLC now owns 57,908 shares of the company's stock worth $722,000 after acquiring an additional 3,213 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Expro Group by 1,413.7% during the 4th 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 in the last quarter. Finally, Susquehanna International Group LLP boosted its position in shares of Expro Group by 4.9% during the 4th quarter. Susquehanna International Group LLP now owns 280,948 shares of the company's stock worth $3,503,000 after acquiring an additional 13,000 shares in the last quarter. 92.07% of the stock is owned by institutional investors and hedge funds.
Expro Group Stock Performance
XPRO traded down $0.34 on Wednesday, hitting $11.99. 1,045,538 shares of the company traded hands, compared to its average volume of 1,239,433. The company has a quick ratio of 1.78, a current ratio of 2.14 and a debt-to-equity ratio of 0.09. The company has a 50 day moving average of $10.12 and a 200-day moving average of $9.64. Expro Group Holdings N.V. has a 12-month low of $6.70 and a 12-month high of $18.79. The stock has a market capitalization of $1.39 billion, a PE ratio of 19.65 and a beta of 1.24.
Expro Group (NYSE:XPRO - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $0.16 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $408.04 million. Expro Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts anticipate that Expro Group Holdings N.V. will post 0.68 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on XPRO. Barclays boosted their target price on Expro Group from $12.00 to $15.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Piper Sandler boosted their target price on 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 began coverage on Expro Group in a report on Monday, July 28th. They issued an "outperform" rating for the company. Finally, 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. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $12.50.
Read Our Latest Report on Expro Group
Expro Group Profile
(
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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