FY2024 EPS Estimates for Expro Group Reduced by Sidoti Csr

Expro Group Holdings (NYSE:XPRO - Free Report) - Stock analysts at Sidoti Csr reduced their FY2024 EPS estimates for shares of Expro Group in a research note issued to investors on Thursday, February 13th. Sidoti Csr analyst S. Ferazani now forecasts that the company will post earnings of $0.68 per share for the year, down from their previous forecast of $0.70. The consensus estimate for Expro Group's current full-year earnings is $0.70 per share. Sidoti Csr also issued estimates for Expro Group's Q4 2024 earnings at $0.25 EPS, Q1 2025 earnings at ($0.01) EPS, Q2 2025 earnings at $0.25 EPS and FY2025 earnings at $0.87 EPS.

Other research analysts have also issued research reports about the company. The Goldman Sachs Group initiated coverage on Expro Group in a report on Friday, December 13th. They set a "neutral" rating and a $18.00 price target on the stock. Barclays reduced their price target on Expro Group from $28.00 to $18.00 and set an "overweight" rating on the stock in a report on Monday, October 28th.

Expro Group Trading Up 4.6 %

Shares of NYSE XPRO traded up $0.62 during trading on Friday, hitting $14.10. 1,124,103 shares of the company were exchanged, compared to its average volume of 1,034,736. Expro Group has a 12-month low of $10.71 and a 12-month high of $24.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. The company has a fifty day moving average price of $12.90 and a 200-day moving average price of $15.28. The firm has a market capitalization of $1.66 billion, a PE ratio of 100.69, a P/E/G ratio of 1.20 and a beta of 0.99.

Insider Activity at Expro Group

In related news, CEO Michael Jardon acquired 45,200 shares of Expro Group stock in a transaction that occurred on Tuesday, December 17th. The shares were purchased at an average cost of $10.91 per share, for a total transaction of $493,132.00. Following the acquisition, the chief executive officer now owns 336,674 shares in the company, valued at approximately $3,673,113.34. This represents a 15.51 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Robert Wayne Drummond, Jr. purchased 18,000 shares of the business's stock in a transaction on Monday, December 16th. The shares were acquired at an average price of $11.39 per share, for a total transaction of $205,020.00. Following the completion of the purchase, the director now directly owns 69,181 shares of the company's stock, valued at approximately $787,971.59. This trade represents a 35.17 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.50% of the stock is owned by insiders.

Institutional Trading of Expro Group

A number of institutional investors and hedge funds have recently bought and sold shares of the business. US Bancorp DE increased its stake in Expro Group by 56.0% during the fourth quarter. US Bancorp DE now owns 4,171 shares of the company's stock worth $52,000 after purchasing an additional 1,497 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Expro Group by 3.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,822 shares of the company's stock worth $671,000 after purchasing an additional 1,989 shares during the period. R Squared Ltd purchased a new stake in Expro Group during the fourth quarter worth about $27,000. Rhumbline Advisers increased its stake in Expro Group by 1.6% during the fourth quarter. Rhumbline Advisers now owns 153,159 shares of the company's stock worth $1,910,000 after purchasing an additional 2,477 shares during the period. Finally, KBC Group NV increased its stake in Expro Group by 75.3% during the fourth quarter. KBC Group NV now owns 5,968 shares of the company's stock worth $74,000 after purchasing an additional 2,563 shares during the period. 92.07% of the stock is currently owned by hedge funds and other institutional investors.

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.