XPLR Infrastructure (NYSE:XIFR) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

XPLR Infrastructure (NYSE:XIFR - Free Report) had its target price lifted by Jefferies Financial Group from $13.00 to $16.00 in a research note issued to investors on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the solar energy provider's stock.

XIFR has been the topic of a number of other reports. Barclays increased their price objective on shares of XPLR Infrastructure from $6.00 to $9.00 and gave the stock an "underweight" rating in a research report on Monday, May 12th. Mizuho reduced their price objective on shares of XPLR Infrastructure from $15.00 to $12.00 and set a "neutral" rating on the stock in a research report on Monday, May 12th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $16.77.

XPLR Infrastructure Price Performance

Shares of NYSE XIFR traded down $0.17 during mid-day trading on Wednesday, hitting $9.25. 327,600 shares of the company's stock traded hands, compared to its average volume of 2,218,191. The company's 50-day moving average is $8.76 and its two-hundred day moving average is $10.35. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.85 and a quick ratio of 1.76. The company has a market capitalization of $869.50 million, a P/E ratio of -4.87 and a beta of 0.91. XPLR Infrastructure has a 1 year low of $7.53 and a 1 year high of $29.03.

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

XPLR Infrastructure Company Profile

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.