XPLR Infrastructure, LP (NYSE:XIFR) Receives Consensus Rating of “Hold” from Brokerages

XPLR Infrastructure, LP (NYSE:XIFR) has been assigned an average rating of “Hold” from the fourteen research firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $16.77.

A number of brokerages have issued reports on XIFR. Barclays lifted their price objective on XPLR Infrastructure from $6.00 to $9.00 and gave the company an “underweight” rating in a report on Monday, May 12th. Mizuho cut their price target on shares of XPLR Infrastructure from $15.00 to $12.00 and set a “neutral” rating for the company in a report on Monday, May 12th. Finally, Jefferies Financial Group upped their price objective on shares of XPLR Infrastructure from $13.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th.

XPLR Infrastructure Stock Performance

NYSE:XIFR opened at $9.41 on Monday. The firm has a market capitalization of $884.54 million, a PE ratio of -4.95 and a beta of 0.91. The company has a quick ratio of 1.76, a current ratio of 1.85 and a debt-to-equity ratio of 0.48. XPLR Infrastructure has a 12-month low of $7.53 and a 12-month high of $29.03. The firm has a 50-day moving average price of $8.78 and a 200 day moving average price of $10.19.

XPLR Infrastructure (NYSE:XIFR) last issued its earnings results on Thursday, May 8th. The solar energy provider reported ($1.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($1.30). XPLR Infrastructure had a positive return on equity of 1.64% and a negative net margin of 14.10%. The company’s quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the firm earned $0.75 earnings per share. Research analysts anticipate that XPLR Infrastructure will post 2.33 earnings per share for the current fiscal year.

XPLR Infrastructure Company Profile

XPLR Infrastructure LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.