Expro Group Holdings N.V. (NYSE:XPRO) Receives $12.50 Average Target Price from Brokerages

by · The Cerbat Gem

Expro Group Holdings N.V. (NYSE:XPRO – Get Free Report) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $13.25.

A number of brokerages recently issued reports on XPRO. Weiss Ratings reiterated a “hold (c)” rating on shares of Expro Group in a research note on Wednesday, October 8th. Barclays upped their target price on shares of Expro Group from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday. Pickering Energy Partners initiated coverage on shares of Expro Group in a research report on Monday, July 28th. They set an “outperform” rating for the company. Finally, Piper Sandler upped their price objective on Expro Group from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday.

Read Our Latest Report on XPRO

Institutional Investors Weigh In On Expro Group

Several institutional investors have recently modified their holdings of XPRO. Nuveen LLC purchased a new stake in shares of Expro Group during the 1st quarter valued at about $8,231,000. Envestnet Asset Management Inc. raised its holdings in shares of Expro Group by 60.4% during the first quarter. Envestnet Asset Management Inc. now owns 423,390 shares of the company’s stock valued at $4,208,000 after purchasing an additional 159,411 shares during the last quarter. Victory Capital Management Inc. lifted its position in Expro Group by 0.8% during the first quarter. Victory Capital Management Inc. now owns 507,804 shares of the company’s stock valued at $5,048,000 after purchasing an additional 3,862 shares during the period. Summit Trail Advisors LLC purchased a new stake in Expro Group in the first quarter worth approximately $275,000. Finally, Deutsche Bank AG grew its position in Expro Group by 68.8% in the 1st quarter. Deutsche Bank AG now owns 155,663 shares of the company’s stock worth $1,547,000 after purchasing an additional 63,445 shares during the period. 92.07% of the stock is owned by hedge funds and other institutional investors.

Expro Group Stock Performance

Shares of XPRO opened at $13.98 on Tuesday. The company has a quick ratio of 1.74, a current ratio of 2.11 and a debt-to-equity ratio of 0.07. The stock has a market cap of $1.59 billion, a P/E ratio of 23.69 and a beta of 1.11. The business’s 50 day moving average price is $12.58 and its 200-day moving average price is $10.27. Expro Group has a 52 week low of $6.70 and a 52 week high of $14.97.

Expro Group (NYSE:XPRO – Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. Expro Group had a return on equity of 6.41% and a net margin of 4.15%.The company had revenue of $411.36 million during the quarter, compared to analyst estimates of $426.65 million. During the same quarter last year, the company earned $0.23 EPS. The firm’s revenue for the quarter was down 2.7% on a year-over-year basis. Expro Group has set its FY 2025 guidance at EPS. Equities research analysts anticipate that Expro Group will post 0.68 earnings per share for the current fiscal year.

Expro Group Company Profile

(Get Free Report)

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity solutions.

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