Expro Group (XPRO) Expected to Announce Earnings on Tuesday

Expro Group (NYSE:XPRO) is anticipated to announce its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $355.66 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Expro Group Price Performance

Shares of Expro Group stock opened at $13.04 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.98. Expro Group has a 52-week low of $10.71 and a 52-week high of $24.50. The company has a fifty day moving average of $13.05 and a 200-day moving average of $15.17. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 93.11, a price-to-earnings-growth ratio of 1.28 and a beta of 0.99.

Insiders Place Their Bets

In other news, CEO Michael Jardon bought 45,200 shares of the stock in a transaction dated Tuesday, December 17th. The stock was bought at an average price of $10.91 per share, for a total transaction of $493,132.00. Following the purchase, the chief executive officer now directly owns 336,674 shares in the company, valued at $3,673,113.34. This trade represents a 15.51 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert Wayne Drummond, Jr. acquired 18,000 shares of the stock in a transaction on Monday, December 16th. The shares were purchased at an average cost of $11.39 per share, with a total value of $205,020.00. Following the transaction, 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 position. The disclosure for this purchase can be found here. Company insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on XPRO. The Goldman Sachs Group initiated coverage on Expro Group in a research report on Friday, December 13th. They set a “neutral” rating and a $18.00 price target on the stock. Barclays dropped their price target on shares of Expro Group from $28.00 to $18.00 and set an “overweight” rating for the company in a research report on Monday, October 28th.

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.