Loomis Sayles & Co. L P purchased a new position in Expro Group Holdings (NYSE:XPRO - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 941,105 shares of the company's stock, valued at approximately $16,159,000. Loomis Sayles & Co. L P owned 0.80% of Expro Group as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of the company. nVerses Capital LLC acquired a new stake in Expro Group during the second quarter worth approximately $183,000. Transatlantique Private Wealth LLC acquired a new stake in shares of Expro Group during the 2nd quarter worth approximately $214,000. Algert Global LLC bought a new stake in shares of Expro Group in the 2nd quarter valued at $217,000. Hsbc Holdings PLC bought a new stake in shares of Expro Group in the 2nd quarter valued at $263,000. Finally, MQS Management LLC acquired a new position in shares of Expro Group during the 3rd quarter valued at $205,000. 92.07% of the stock is owned by institutional investors.
Analyst Ratings Changes
Separately, Barclays decreased their price target on shares of Expro Group from $28.00 to $18.00 and set an "overweight" rating for the company in a research note on Monday, October 28th.
Check Out Our Latest Analysis on XPRO
Expro Group Price Performance
Shares of XPRO opened at $13.79 on Wednesday. The business's fifty day moving average is $15.37 and its 200 day moving average is $19.13. Expro Group Holdings has a 12-month low of $12.58 and a 12-month high of $24.50. The company has a quick ratio of 1.62, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.62 billion, a P/E ratio of 98.51, a P/E/G ratio of 1.65 and a beta of 0.99.
Expro Group (NYSE:XPRO - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.04. The firm had revenue of $422.83 million for the quarter, compared to analyst estimates of $436.62 million. Expro Group had a net margin of 0.98% and a return on equity of 3.70%. The business's quarterly revenue was up 14.3% compared to the same quarter last year. During the same period last year, the firm earned ($0.11) earnings per share. Sell-side analysts anticipate that Expro Group Holdings will post 0.7 earnings per share for the current fiscal year.
Expro Group Company Profile
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Free Report)
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.
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