44,888 Shares in Expro Group Holdings N.V. $XPRO Bought by Jupiter Topco LLC

Jupiter Topco LLC acquired a new position in shares of Expro Group Holdings N.V. (NYSE:XPRO) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 44,888 shares of the company’s stock, valued at approximately $663,000.

A number of other hedge funds have also modified their holdings of XPRO. Legal & General Group Plc bought a new stake in Expro Group in the 2nd quarter valued at approximately $1,520,000. The Manufacturers Life Insurance Company acquired a new position in Expro Group during the 2nd quarter worth approximately $543,000. Webs Creek Capital Management LP bought a new position in shares of Expro Group during the 2nd quarter worth approximately $41,746,474. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Expro Group in the second quarter valued at approximately $964,000. Finally, Pinnacle Holdings LLC acquired a new stake in shares of Expro Group in the second quarter valued at approximately $1,056,000. 92.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on XPRO. The Goldman Sachs Group set a $19.00 target price on shares of Expro Group in a report on Thursday, June 4th. Zacks Research upgraded shares of Expro Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 15th. Freedom Capital raised shares of Expro Group from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. KeyCorp upgraded shares of Expro Group to a “neutral” rating in a research note on Thursday, June 4th. Finally, Weiss Ratings raised Expro Group from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $18.00.

Expro Group Trading Down 0.1%

NYSE XPRO opened at $17.95 on Monday. The company has a market cap of $2.02 billion, a PE ratio of 99.72 and a beta of 0.92. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.06. Expro Group Holdings N.V. has a 12 month low of $11.60 and a 12 month high of $19.23. The stock has a 50 day moving average of $16.59 and a 200-day moving average of $16.47.

Expro Group (NYSE:XPRO) last released its earnings results on Tuesday, July 28th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02). The firm had revenue of $393.18 million during the quarter, compared to the consensus estimate of $387.36 million. Expro Group had a net margin of 1.33% and a return on equity of 3.27%. Expro Group’s quarterly revenue was down 7.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 earnings per share. On average, equities research analysts anticipate that Expro Group Holdings N.V. will post 0.53 EPS for the current fiscal year.

About Expro Group

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.