11,952 Shares in Expro Group Holdings (NYSE:XPRO) Purchased by MQS Management LLC

MQS Management LLC bought a new position in Expro Group Holdings (NYSE:XPRO) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 11,952 shares of the company’s stock, valued at approximately $205,000.

Several other large investors have also added to or reduced their stakes in the stock. Victory Capital Management Inc. boosted its stake in Expro Group by 3.2% in the 3rd quarter. Victory Capital Management Inc. now owns 474,801 shares of the company’s stock worth $8,152,000 after purchasing an additional 14,748 shares during the period. GSA Capital Partners LLP bought a new position in Expro Group in the 3rd quarter worth about $235,000. State of New Jersey Common Pension Fund D boosted its stake in Expro Group by 13.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 96,996 shares of the company’s stock worth $1,665,000 after purchasing an additional 11,210 shares during the period. Emerald Advisers LLC boosted its stake in Expro Group by 55.0% in the 3rd quarter. Emerald Advisers LLC now owns 907,451 shares of the company’s stock worth $15,581,000 after purchasing an additional 321,873 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its stake in Expro Group by 566.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 143,221 shares of the company’s stock worth $2,459,000 after purchasing an additional 121,723 shares during the period. Institutional investors own 92.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Barclays cut their target price on Expro Group from $28.00 to $18.00 and set an “overweight” rating for the company in a research note on Monday, October 28th.

Expro Group Stock Performance

NYSE:XPRO opened at $12.70 on Friday. The business’s 50-day moving average price is $16.05 and its two-hundred day moving average price is $19.48. Expro Group Holdings has a twelve month low of $12.66 and a twelve month high of $24.50. The stock has a market cap of $1.49 billion, a P/E ratio of 91.14, a PEG ratio of 1.60 and a beta of 0.99. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09.

Expro Group (NYSE:XPRO) last released its quarterly earnings results on Thursday, October 24th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.04. Expro Group had a return on equity of 3.70% and a net margin of 0.98%. The firm had revenue of $422.83 million for the quarter, compared to analysts’ expectations of $436.62 million. During the same quarter last year, the firm posted ($0.11) EPS. The company’s revenue was up 14.3% compared to the same quarter last year. As a group, equities analysts predict that Expro Group Holdings will post 0.7 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.