Expro Group Holdings N.V. $XPRO Shares Sold by Olympiad Research LP

Olympiad Research LP lowered its stake in shares of Expro Group Holdings N.V. (NYSE:XPRO) by 29.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,272 shares of the company’s stock after selling 6,415 shares during the period. Olympiad Research LP’s holdings in Expro Group were worth $131,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Earnest Partners LLC lifted its holdings in Expro Group by 60.0% in the 1st quarter. Earnest Partners LLC now owns 7,140,421 shares of the company’s stock valued at $70,976,000 after purchasing an additional 2,678,489 shares in the last quarter. American Century Companies Inc. raised its holdings in Expro Group by 20.4% in the 1st quarter. American Century Companies Inc. now owns 5,065,985 shares of the company’s stock valued at $50,356,000 after acquiring an additional 859,000 shares during the last quarter. Geode Capital Management LLC lifted its stake in Expro Group by 3.9% in the 2nd quarter. Geode Capital Management LLC now owns 2,451,214 shares of the company’s stock worth $21,058,000 after purchasing an additional 93,014 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Expro Group by 37.4% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 2,050,542 shares of the company’s stock worth $20,382,000 after purchasing an additional 557,750 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Expro Group by 7.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,239,957 shares of the company’s stock valued at $12,325,000 after purchasing an additional 82,402 shares in the last quarter. 92.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on XPRO shares. Pickering Energy Partners initiated coverage on Expro Group in a report on Monday, July 28th. They issued an “outperform” rating for the company. Barclays increased their price target on shares of Expro Group from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Expro Group in a report on Wednesday, October 8th. The Goldman Sachs Group lifted their target price on Expro Group from $12.00 to $15.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Finally, Piper Sandler upped their target price on shares of Expro Group from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $14.00.

Expro Group Price Performance

Expro Group stock opened at $13.52 on Friday. Expro Group Holdings N.V. has a 52-week low of $6.70 and a 52-week high of $14.97. The company’s 50 day moving average is $12.86 and its two-hundred day moving average is $10.68. 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 firm has a market cap of $1.53 billion, a PE ratio of 22.91 and a beta of 1.17.

Expro Group (NYSE:XPRO) last released its earnings results on Thursday, October 23rd. The company reported $0.24 earnings per share (EPS) 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 firm had revenue of $411.36 million during the quarter, compared to analyst estimates of $426.65 million. During the same period last year, the business posted $0.23 earnings per share. Expro Group’s revenue was down 2.7% compared to the same quarter last year. Expro Group has set its FY 2025 guidance at EPS. On average, research analysts expect that Expro Group Holdings N.V. will post 0.68 EPS for the current fiscal year.

Expro Group Company Profile

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.