XPLR Infrastructure, LP (NYSE:XIFR) Receives $16.69 Consensus Target Price from Analysts

XPLR Infrastructure, LP (NYSE:XIFR - Get Free Report) has earned an average recommendation of "Hold" from the fifteen research firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $16.69.

A number of equities analysts recently issued reports on XIFR shares. Mizuho decreased their target price on XPLR Infrastructure from $15.00 to $12.00 and set a "neutral" rating on the stock in a report on Monday, May 12th. Barclays lifted their price objective on XPLR Infrastructure from $6.00 to $9.00 and gave the company an "underweight" rating in a research report on Monday, May 12th.

XPLR Infrastructure Price Performance

Shares of XIFR stock traded down $0.39 during mid-day trading on Monday, hitting $8.58. 740,245 shares of the stock traded hands, compared to its average volume of 2,245,727. XPLR Infrastructure has a twelve month low of $7.53 and a twelve month high of $29.03. The firm has a market cap of $806.52 million, a price-to-earnings ratio of -4.52 and a beta of 0.91. The company's 50-day simple moving average is $8.70 and its 200-day simple moving average is $10.49. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.76 and a current ratio of 1.85.

XPLR Infrastructure (NYSE:XIFR - Get Free Report) last issued its earnings results on Thursday, May 8th. The solar energy provider reported ($1.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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%. The company's revenue was up 9.7% compared to the same quarter last year. During the same period last year, the firm earned $0.75 earnings per share. As a group, equities research analysts expect that XPLR Infrastructure will post 2.33 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.