Expro Group Holdings N.V. (NYSE:XPRO) saw an upside of 1.44% to close Friday at $23.28 after adding $0.33 on the day. The 5-day average trading volume is 583,640 shares of the company’s common stock. It has gained $23.55 in the past week and touched a new high 2 times within the past 5 days. An average of 891,105 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 823,754.
XPRO’s 1-month performance is 6.79% or $1.77 on its low of $21.31 reached on 07/27/23. The company’s shares have touched a 52-week low of $11.40 and high of $24.50, with the stock’s rally to the 52-week high happening on 08/10/23. YTD, XPRO has achieved 28.41% or $5.15 and has reached a new high 23 times. However, the current price is down -4.98% from the 52-week high price.
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Insider Transactions
XPRO stock investors last saw insider trading activity on Aug 10.KEARNEY MICHAEL C (Director) most recently sold 25,000 shares at $24.15 per share on Aug 10. This transaction cost the insider $603,650. Director, KEARNEY MICHAEL C, sold 25,000 shares at a price of $23.14 on Jul 26. Then, on Jul 21, Director KEARNEY MICHAEL C sold 25,000 shares at a price of $22.03 per share. This transaction amounted to $550,868.
Valuation Metrics
XPRO stock has a beta of 1.07. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.76 while the price-to-book (PB) in the most recent quarter is 1.97, with the price to cash flow ratio at 81.30.
Expro Group Holdings N.V.’s quick ratio for the period ended June 29 was 1.60, with the current ratio over the same period at 2.00. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.01, while the total debt to equity was 0.01. In terms of profitability, the gross margin trailing 12 months is 17.70%. The trailing 12-month EBITDA margin is 12.79% while for the period ending June 29, Expro Group Holdings N.V.’s operating margin was 2.30%. The firm’s gross profit as reported stood at $222.06 million against revenue of $1.28 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 146.77% to $9.3 million, while revenue of -$6.35 million was 168.28% off the previous quarter. Analysts expected XPRO to announce $0.34 per share in earnings in its latest quarter, but it posted $0.17, representing a -50.00% surprise. EBITDA for the quarter stood at more than $57.74 million. XPRO stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 647.41 million, with total debt at $88.31 million. Shareholders hold equity totaling $108.75 million.
Let’s look briefly at Expro Group Holdings N.V. (XPRO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 62.66% to suggest the stock is trending Neutral, with historical volatility in this time period at 23.32%.
The stock’s 5-day moving average is $23.05, reflecting a +0.30% or $0.07 change from its current price. XPRO is currently trading +5.82% above its 20-day SMA, +27.28% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +22.53% and SMA200 by+22.98%.
Stochastic %K and %D was 53.33% and 51.66% and the average true range (ATR) pointed at 0.82. The RSI (14) points at 64.72%, while the 14-day stochastic is at 60.00% with the period’s ATR at 0.81. The stock’s 9-day MACD Oscillator is pointing at -0.14 and 0.09 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for XPRO stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate XPRO as a “sell,”, while 3 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.
What is XPRO’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $22.00 and a high of $32.00, with their median price target at $26.00. Looking at these predictions, the average price target given by analysts is for Expro Group Holdings N.V. (XPRO) stock is $26.17.
