Expro Group Holdings (NYSE:XPRO) Director Buys $205,020.00 in Stock

Expro Group Holdings (NYSE:XPRO) Director Robert Wayne Drummond, Jr. purchased 18,000 shares of Expro Group stock in a transaction dated Monday, December 16th. The stock was bought at an average price of $11.39 per share, with a total value of $205,020.00. Following the acquisition, 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Expro Group Stock Performance

Shares of XPRO opened at $11.60 on Friday. The company has a current ratio of 1.98, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Expro Group Holdings has a 12 month low of $10.71 and a 12 month high of $24.50. The firm has a fifty day simple moving average of $13.69 and a 200 day simple moving average of $18.07. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of 82.86, a PEG ratio of 1.43 and a beta of 1.00.

Expro Group (NYSE:XPRO) last posted its quarterly earnings data on Thursday, October 24th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. The company had revenue of $422.83 million during the quarter, compared to the consensus estimate of $436.62 million. Expro Group had a net margin of 0.98% and a return on equity of 3.70%. The company’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the business posted ($0.11) EPS. Research analysts forecast that Expro Group Holdings will post 0.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group began coverage on shares of Expro Group in a research note on Friday, December 13th. They issued a “neutral” rating and a $18.00 target price for the company. Barclays decreased their price objective on Expro Group from $28.00 to $18.00 and set an “overweight” rating for the company in a report on Monday, October 28th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its stake in shares of Expro Group by 7.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,334,758 shares of the company’s stock worth $76,435,000 after purchasing an additional 219,432 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Expro Group during the second quarter worth $9,811,000. Loomis Sayles & Co. L P acquired a new stake in Expro Group in the third quarter valued at $16,159,000. Barclays PLC lifted its stake in Expro Group by 40.1% in the third quarter. Barclays PLC now owns 473,492 shares of the company’s stock valued at $8,129,000 after acquiring an additional 135,481 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Expro Group by 20.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,052,729 shares of the company’s stock valued at $18,075,000 after acquiring an additional 176,132 shares during the period. 92.07% of the stock is currently owned by 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.