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

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

A number of other research analysts have also weighed in on the company. 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 boosted their target price on XPLR Infrastructure from $6.00 to $9.00 and gave the stock an "underweight" rating in a report on Monday, May 12th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, XPLR Infrastructure has a consensus rating of "Hold" and an average target price of $16.77.

XPLR Infrastructure Stock Down 0.1%

Shares of XPLR Infrastructure stock traded down $0.01 on Wednesday, reaching $9.41. 945,154 shares of the company were exchanged, compared to its average volume of 952,120. XPLR Infrastructure has a one year low of $7.53 and a one year high of $29.03. The company has a market capitalization of $884.55 million, a price-to-earnings ratio of -4.95 and a beta of 0.91. The company has a current ratio of 1.85, a quick ratio of 1.76 and a debt-to-equity ratio of 0.48. The company has a 50-day moving average of $8.78 and a 200 day moving average of $10.29.

XPLR Infrastructure (NYSE:XIFR - Get Free Report) last announced its quarterly earnings data 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%. During the same period in the prior year, the firm posted $0.75 EPS. The company's quarterly revenue was up 9.7% compared to the same quarter last year. On average, equities research analysts forecast that XPLR Infrastructure will post 2.33 earnings per share for the current 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.