Piper Sandler analyst Luke Lemoine maintained a Buy rating on Expro Group Holdings (XPRO – Research Report) today and set a price target of $26.00. The company’s shares closed last Friday at $16.80.
Lemoine covers the Energy sector, focusing on stocks such as Helmerich & Payne, Solaris Oilfield Infrastructure, and Halliburton. According to TipRanks, Lemoine has an average return of -0.2% and a 43.82% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Expro Group Holdings with a $22.00 average price target.
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Based on Expro Group Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $369.82 million and a GAAP net loss of $13.89 million. In comparison, last year the company earned a revenue of $334.35 million and had a GAAP net loss of $17.59 million
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Expro Group Holdings (XPRO) Company Description:
Frank’s International NV engages in the provision of tubular services to oil and gas industries. It operates through the following four segments: Tubular Running Services, Tubulars and Cementing Equipment. The Tubular Running Services segment provides tubular services in international offshore markets and in several onshore international regions. The Tubulars segment designs, manufactures, and distributes large outside diameter (OD) pipe, connectors, casing attachments and sells large OD pipe originally manufactured by various pipe mills. The Cementing Equipment segment provides equipment to enhance the safety and efficiency of rig operations. The company was founded by Frank Mosing in 1938 and is headquartered in Den Helder, Netherlands.
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