XPLR Infrastructure, LP (NYSE:XIFR) Given Consensus Rating of "Reduce" by Analysts

Key Points

• Consensus "Reduce": Eight analysts cover XPLR Infrastructure and give a consensus rating of Reduce (3 sell, 3 hold, 2 buy) with an average 12‑month price target of $12.40.
• Mixed fundamentals: the company reported quarterly EPS of $0.30 (beating a consensus of -$0.57) but revenue declined 15.3% year‑over‑year and analysts project -$0.67 EPS for the current year.
• High institutional ownership and recent trading: institutions own 66.01% of the stock with notable purchases by Anchorage (~$33.4M) and a large JPMorgan stake increase, while shares trade around $10.68 (market cap ≈ $1.01B; 52‑week range $7.99–$11.43).

XPLR Infrastructure, LP (NYSE:XIFR - Get Free Report) has received a consensus rating of "Reduce" from the eight ratings firms that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $12.40.

A number of brokerages have commented on XIFR. Royal Bank Of Canada began coverage on XPLR Infrastructure in a research report on Tuesday, January 6th. They issued an "outperform" rating and a $14.00 price target for the company. Weiss Ratings reaffirmed a "sell (d)" rating on shares of XPLR Infrastructure in a research report on Monday, April 20th. Wall Street Zen lowered shares of XPLR Infrastructure from a "hold" rating to a "sell" rating in a report on Saturday, April 18th. Morgan Stanley raised their target price on shares of XPLR Infrastructure from $10.00 to $11.00 and gave the stock an "underweight" rating in a research note on Tuesday, April 7th. Finally, Evercore reaffirmed a "hold" rating and set a $10.80 price target on shares of XPLR Infrastructure in a report on Thursday, March 5th.

Institutional Trading of XPLR Infrastructure

Several institutional investors and hedge funds have recently modified their holdings of XIFR. Abundance Wealth Counselors purchased a new position in shares of XPLR Infrastructure in the third quarter valued at about $1,112,000. GraniteShares Advisors LLC purchased a new stake in shares of XPLR Infrastructure during the third quarter worth about $1,763,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of XPLR Infrastructure during the third quarter worth about $1,299,000. JPMorgan Chase & Co. raised its stake in XPLR Infrastructure by 4,489.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 308,021 shares of the solar energy provider's stock valued at $3,133,000 after purchasing an additional 301,310 shares during the period. Finally, Anchorage Capital Advisors L.P. bought a new stake in XPLR Infrastructure during the 3rd quarter valued at approximately $33,443,000. 66.01% of the stock is currently owned by institutional investors.

XPLR Infrastructure Trading Up 3.1%

Shares of XIFR stock opened at $10.68 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.91 and a quick ratio of 0.84. The company has a market cap of $1.01 billion, a price-to-earnings ratio of -34.44 and a beta of 0.89. XPLR Infrastructure has a 1 year low of $7.99 and a 1 year high of $11.43. The firm has a fifty day moving average price of $10.32 and a 200-day moving average price of $9.98.

XPLR Infrastructure (NYSE:XIFR - Get Free Report) last announced its earnings results on Tuesday, February 10th. The solar energy provider reported $0.30 EPS for the quarter, topping analysts' consensus estimates of ($0.57) by $0.87. The company had revenue of $249.00 million for the quarter. XPLR Infrastructure had a positive return on equity of 1.54% and a negative net margin of 2.27%.The firm's quarterly revenue was down 15.3% on a year-over-year basis. As a group, equities analysts predict that XPLR Infrastructure will post -0.67 earnings per share for the current 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.