Leeward Investments LLC MA Sells 38,440 Shares of Expro Group Holdings N.V. $XPRO

Leeward Investments LLC MA reduced its position in shares of Expro Group Holdings N.V. (NYSE:XPRO) by 4.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 810,297 shares of the company’s stock after selling 38,440 shares during the quarter. Leeward Investments LLC MA’s holdings in Expro Group were worth $6,960,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in XPRO. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Expro Group by 32.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 19,430 shares of the company’s stock worth $193,000 after purchasing an additional 4,718 shares during the last quarter. Oppenheimer Asset Management Inc. grew its holdings in shares of Expro Group by 98.3% during the first quarter. Oppenheimer Asset Management Inc. now owns 117,378 shares of the company’s stock worth $1,167,000 after purchasing an additional 58,183 shares during the last quarter. Summit Trail Advisors LLC bought a new stake in shares of Expro Group during the first quarter worth about $275,000. Teacher Retirement System of Texas acquired a new position in shares of Expro Group in the first quarter worth approximately $145,000. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Expro Group by 60.4% in the first quarter. Envestnet Asset Management Inc. now owns 423,390 shares of the company’s stock worth $4,208,000 after acquiring an additional 159,411 shares during the period. 92.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on XPRO. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Expro Group in a research note on Friday. Pickering Energy Partners started coverage on Expro Group in a research report on Monday, July 28th. They set an “outperform” rating on the stock. Barclays upped their price target on Expro Group from $12.00 to $15.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Piper Sandler upped their price target on Expro Group from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $12.50.

Expro Group Stock Up 1.3%

XPRO stock opened at $13.71 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.74 and a current ratio of 2.11. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of 23.23 and a beta of 1.11. Expro Group Holdings N.V. has a fifty-two week low of $6.70 and a fifty-two week high of $14.97. The stock has a fifty day moving average of $12.37 and a 200-day moving average of $10.12.

Expro Group (NYSE:XPRO) last posted its quarterly earnings results on Thursday, October 23rd. The company reported $0.24 earnings per share for the quarter, topping 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 return on equity of 6.41% and a net margin of 4.15%.The firm’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.23 EPS. Expro Group has set its FY 2025 guidance at EPS. As a group, equities research analysts predict that Expro Group Holdings N.V. will post 0.68 earnings per share for the current 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.