Sagefield Capital LP Buys 208,849 Shares of Expro Group Holdings (NYSE:XPRO)

Sagefield Capital LP increased its holdings in shares of Expro Group Holdings (NYSE:XPRO - Free Report) by 57.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 574,067 shares of the company's stock after purchasing an additional 208,849 shares during the period. Expro Group makes up about 1.4% of Sagefield Capital LP's holdings, making the stock its 21st biggest position. Sagefield Capital LP owned 0.52% of Expro Group worth $13,158,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of XPRO. GAMMA Investing LLC raised its holdings in shares of Expro Group by 58.0% during the first quarter. GAMMA Investing LLC now owns 1,452 shares of the company's stock valued at $29,000 after purchasing an additional 533 shares during the period. SG Americas Securities LLC bought a new position in Expro Group in the first quarter worth approximately $141,000. nVerses Capital LLC acquired a new stake in Expro Group in the second quarter valued at approximately $183,000. Transatlantique Private Wealth LLC bought a new stake in shares of Expro Group during the second quarter valued at approximately $214,000. Finally, Aristides Capital LLC acquired a new position in shares of Expro Group during the fourth quarter worth approximately $236,000. 92.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Barclays lifted their price target on shares of Expro Group from $27.00 to $28.00 and gave the company an "overweight" rating in a research report on Wednesday, July 31st. The Goldman Sachs Group reiterated a "neutral" rating and set a $23.00 price objective (up from $22.00) on shares of Expro Group in a report on Monday, June 3rd.

Expro Group Stock Down 0.4 %

XPRO stock traded down $0.07 during trading on Tuesday, reaching $17.81. The stock had a trading volume of 2,578,884 shares, compared to its average volume of 1,039,943. The company has a quick ratio of 1.56, a current ratio of 1.90 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of -101.39, a P/E/G ratio of 1.90 and a beta of 0.97. Expro Group Holdings has a one year low of $14.33 and a one year high of $25.04. The company's 50 day moving average is $20.21 and its two-hundred day moving average is $20.50.

Expro Group (NYSE:XPRO - Get Free Report) last released its earnings results on Thursday, July 25th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.02). The business had revenue of $469.64 million during the quarter, compared to the consensus estimate of $419.20 million. Expro Group had a negative net margin of 0.84% and a positive return on equity of 1.43%. Equities research analysts forecast that Expro Group Holdings will post 0.77 EPS for the current year.

Expro Group 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.