Expro Group Holdings N.V. (NYSE:XPRO) Given Consensus Recommendation of “Hold” by Analysts

Expro Group Holdings N.V. (NYSE:XPRO) has earned an average rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $14.00.

A number of brokerages have issued reports on XPRO. The Goldman Sachs Group increased their price target on Expro Group from $12.00 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Piper Sandler cut Expro Group from a “neutral” rating to an “underweight” rating and set a $13.00 target price for the company. in a research note on Thursday, December 18th. Barclays lifted their target price on Expro Group from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Expro Group in a report on Wednesday, January 21st.

Expro Group Stock Down 0.9%

Expro Group stock opened at $16.04 on Thursday. Expro Group has a 52 week low of $6.70 and a 52 week high of $16.78. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of 27.19 and a beta of 1.01. The company’s 50-day moving average price is $14.61 and its two-hundred day moving average price is $13.05. The company has a current ratio of 2.11, a quick ratio of 1.74 and a debt-to-equity ratio of 0.07.

Institutional Trading of Expro Group

Large investors have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC increased its holdings in shares of Expro Group by 2,394.2% in the second quarter. Nisa Investment Advisors LLC now owns 3,018 shares of the company’s stock valued at $26,000 after buying an additional 2,897 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Expro Group by 54.3% in the 3rd quarter. GAMMA Investing LLC now owns 2,475 shares of the company’s stock worth $29,000 after acquiring an additional 871 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Expro Group during the third quarter worth $47,000. Ameritas Investment Partners Inc. lifted its holdings in shares of Expro Group by 13.6% during the second quarter. Ameritas Investment Partners Inc. now owns 10,544 shares of the company’s stock valued at $91,000 after purchasing an additional 1,265 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Expro Group by 594.7% during the second quarter. Tower Research Capital LLC TRC now owns 11,942 shares of the company’s stock valued at $103,000 after purchasing an additional 10,223 shares during the last quarter. 92.07% of the stock is currently owned by institutional investors.

Expro Group Company Profile

Expro Group plc is a global energy services company that specializes in well flow management and well testing solutions for the oil and gas industry. The company’s core offerings include wellhead and pressure control systems, downhole well construction tools, subsea intervention services, and integrated tubular running services. These capabilities enable exploration and production companies to optimize well performance, enhance safety and mitigate operational risk throughout the drilling, completion and intervention phases of the well life cycle.

Founded in 1973, Expro has grown both organically and through targeted acquisitions to establish a presence in more than 30 countries.