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

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

Several other research analysts have also recently commented on the stock. Barclays increased their target price on shares of XPLR Infrastructure from $6.00 to $9.00 and gave the stock an "underweight" rating in a report on Monday, May 12th. Mizuho dropped their price target 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 investment analysts have rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $16.77.

XPLR Infrastructure Stock Up 16.3%

Shares of XPLR Infrastructure stock traded up $1.37 on Wednesday, hitting $9.79. The company had a trading volume of 2,707,259 shares, compared to its average volume of 833,462. The firm has a market capitalization of $920.26 million, a P/E ratio of -5.15 and a beta of 0.91. XPLR Infrastructure has a twelve month low of $7.53 and a twelve month high of $29.03. 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 stock has a 50-day moving average of $8.74 and a 200-day moving average of $10.41.

XPLR Infrastructure (NYSE:XIFR - Get Free Report) last announced its earnings results 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 quarter last year, the firm posted $0.75 EPS. The firm's quarterly revenue was up 9.7% on a year-over-year basis. Research analysts predict 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.