Sidoti Csr Analysts Adjust Earnings Projections for Expro Group
On March 1, 2025, it was reported that analysts from Sidoti Csr have revised their earnings forecasts for Expro Group Holdings, a company listed on the NYSE under the ticker symbol XPRO. In a recent research note released on February 26, the analysts lowered their earnings estimate for the fourth quarter of 2025. The new prediction stands at $0.31 per share, reduced from the earlier expectation of $0.34.<\/p>
The broader consensus among analysts for Expro Group’s earnings for the full year is currently $0.68 per share. This suggests that while there is some optimism about the annual performance, there are specific concerns regarding the company's performance in the upcoming quarter.
In a separate update, The Goldman Sachs Group initiated coverage on Expro Group on December 13, setting a "neutral" rating along with a price target of $18.00, reflecting a cautious stance on the stock’s future performance.
Recent Stock Performance
As of the latest trading session, Expro Group's stock opened at $11.85. The stock exhibits a current ratio of 1.98, indicating good liquidity to meet short-term obligations, and a quick ratio of 1.62. The company's debt-to-equity ratio is notably low at 0.09, which is a positive sign for investors concerned about leverage. Over the past year, the stock has experienced volatility, hitting a low of $10.71 and a high of $24.50. Current moving averages show a 50-day average of $13.15 and a 200-day average of $14.92. The market capitalization of Expro Group stands at approximately $1.39 billion, with a price-to-earnings ratio of 84.64, a PEG ratio of 1.28, and a relatively stable beta of 0.99.
Institutional Investment Activity
Recent movements among institutional investors indicate a growing interest in Expro Group. For example, Emerald Mutual Fund Advisers Trust increased its stake by 64.7% during the third quarter, now holding 739,080 shares valued at about $12.69 million after acquiring an additional 290,212 shares. Similarly, Harbor Capital Advisors Inc. raised its holdings by a substantial 566.2%, now owning 143,221 shares valued at around $2.46 million. Moreover, Emerald Advisers LLC also enhanced its position by 55%, adding to its total shares to 907,451. Other notable changes include a 13.1% increase in holdings by the State of New Jersey Common Pension Fund D, which now owns 96,996 shares worth $1.67 million. Collectively, institutional and hedge funds own approximately 92.07% of Expro Group’s stock.
Insider Transactions
In terms of insider activity, CEO Michael Jardon made a notable acquisition, purchasing 45,200 shares of Expro Group at an average price of $10.91 per share, totaling approximately $493,132. Following this transaction, he now holds 336,674 shares worth around $3.67 million, marking a 15.51% increase in his stake. Additionally, Director Robert Wayne Drummond, Jr. bought 18,000 shares at an average price of $11.39, amounting to $205,020. Following this transaction, he owns 69,181 shares valued at about $787,971. Insiders collectively own roughly 1.70% of the company's shares.
About Expro Group
Expro Group Holdings N.V. provides a range of energy services across various global regions, including North America, Latin America, Europe, Sub-Saharan Africa, the Middle East, North Africa, and the Asia-Pacific. Their services encompass well construction, offering technology solutions for drilling, tubular running, and cementing, along with well management services such as well flow management and well integrity solutions.
Earnings, Analysts, Stocks