LSV Asset Management Acquires Shares of 37,700 Expro Group Holdings N.V. $XPRO

LSV Asset Management acquired a new position in shares of Expro Group Holdings N.V. (NYSE:XPRO) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 37,700 shares of the company’s stock, valued at approximately $324,000.

Several other hedge funds and other institutional investors also recently modified their holdings of XPRO. Nisa Investment Advisors LLC lifted its position in shares of Expro Group by 2,394.2% during the second quarter. Nisa Investment Advisors LLC now owns 3,018 shares of the company’s stock worth $26,000 after purchasing an additional 2,897 shares during the last quarter. Pallas Capital Advisors LLC acquired a new stake in Expro Group during the second quarter valued at approximately $90,000. Savant Capital LLC bought a new position in Expro Group during the 2nd quarter worth approximately $104,000. Strs Ohio bought a new position in Expro Group during the 1st quarter worth approximately $104,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in shares of Expro Group in the 2nd quarter worth approximately $105,000. Institutional investors own 92.07% of the company’s stock.

Expro Group Price Performance

Shares of XPRO opened at $13.82 on Friday. Expro Group Holdings N.V. has a 12 month low of $6.70 and a 12 month high of $14.97. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.11 and a quick ratio of 1.74. The stock has a fifty day moving average price of $12.98 and a 200 day moving average price of $10.86. The company has a market cap of $1.57 billion, a P/E ratio of 23.42 and a beta of 1.17.

Expro Group (NYSE:XPRO) last announced its quarterly earnings results on Thursday, October 23rd. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.01. The company had revenue of $411.36 million during the quarter, compared to the consensus estimate of $426.65 million. Expro Group had a net margin of 4.15% and a return on equity of 6.41%. The company’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 earnings per share. Expro Group has set its FY 2025 guidance at EPS. On average, research analysts forecast that Expro Group Holdings N.V. will post 0.68 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

About Expro Group

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.