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

Leeward Investments LLC MA decreased its position in shares of Expro Group Holdings N.V. (NYSE:XPRO) by 4.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 810,297 shares of the company’s stock after selling 38,440 shares during the period. Leeward Investments LLC MA owned approximately 0.70% of Expro Group worth $6,960,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Pallas Capital Advisors LLC bought a new position in Expro Group during the 2nd quarter worth $90,000. Strs Ohio bought a new position in Expro Group during the 1st quarter worth $104,000. Versor Investments LP bought a new position in Expro Group during the 1st quarter worth $111,000. Vanguard Personalized Indexing Management LLC bought a new position in Expro Group during the 2nd quarter worth $105,000. Finally, HighTower Advisors LLC bought a new position in shares of Expro Group in the first quarter worth $125,000. Institutional investors own 92.07% of the company’s stock.

Expro Group Stock Performance

Expro Group stock opened at $13.71 on Monday. Expro Group Holdings N.V. has a 12-month low of $6.70 and a 12-month high of $14.97. The company has a quick ratio of 1.74, a current ratio of 2.11 and a debt-to-equity ratio of 0.07. The business’s 50-day moving average price is $12.37 and its two-hundred day moving average price is $10.12. The stock has a market cap of $1.56 billion, a PE ratio of 23.23 and a beta of 1.11.

Expro Group (NYSE:XPRO) last released its earnings results on Thursday, October 23rd. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.01. Expro Group had a return on equity of 6.41% and a net margin of 4.15%.The firm had revenue of $411.36 million for the quarter, compared to analysts’ expectations of $426.65 million. During the same quarter in the previous year, the business posted $0.23 earnings per share. The business’s revenue for the quarter was down 2.7% on a year-over-year basis. Expro Group has set its FY 2025 guidance at EPS. As a group, analysts expect that Expro Group Holdings N.V. will post 0.68 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

About Expro Group

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.