Analysts Set XPLR Infrastructure, LP (NYSE:XIFR) PT at $16.77

Key Points

• XPLR Infrastructure, LP has received a consensus rating of "Hold" from thirteen analysts, with two sell ratings, nine hold ratings, and two buy ratings.
• The average target price for XPLR Infrastructure stock among brokerages is $16.77, despite Mizuho lowering its target price to $12.00 and Barclays raising it to $9.00.
• The company's recent quarterly earnings showed a significant miss with an EPS of ($1.05), compared to analyst expectations of $0.25, but reported a 9.7% increase in quarterly revenue year-over-year.

XPLR Infrastructure, LP (NYSE:XIFR - Get Free Report) has been given a consensus rating of "Hold" by the thirteen research firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $16.77.

Several research analysts have recently commented on the company. Mizuho cut their price objective on XPLR Infrastructure from $15.00 to $12.00 and set a "neutral" rating for the company in a report on Monday, May 12th. Jefferies Financial Group upped their target price on XPLR Infrastructure from $13.00 to $16.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Finally, Barclays upped their target price on XPLR Infrastructure from $6.00 to $9.00 and gave the stock an "underweight" rating in a research note on Monday, May 12th.

XPLR Infrastructure Stock Performance

XPLR Infrastructure stock traded down $0.32 during midday trading on Friday, reaching $9.21. The stock had a trading volume of 764,797 shares, compared to its average volume of 1,033,306. XPLR Infrastructure has a 12 month low of $7.53 and a 12 month high of $28.25. The firm's 50-day moving average price is $8.87 and its 200 day moving average price is $9.40. The firm has a market capitalization of $865.74 million, a PE ratio of -4.85 and a beta of 0.86. The company has a quick ratio of 1.76, a current ratio of 1.85 and a debt-to-equity ratio of 0.48.

XPLR Infrastructure (NYSE:XIFR - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The solar energy provider reported ($1.05) EPS for the quarter, missing the consensus estimate of $0.25 by ($1.30). XPLR Infrastructure had a positive return on equity of 1.64% and a negative net margin of 14.10%. During the same period in the previous year, the business posted $0.75 EPS. XPLR Infrastructure's revenue was up 9.7% on a year-over-year basis. As a group, research analysts predict that XPLR Infrastructure will post 2.33 earnings per share for the current fiscal year.

About XPLR Infrastructure

XPLR Infrastructure LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.