Professional
Added to YB: 2024-09-17
Pitch date: 2024-09-03
XPRO [bullish]
Expro Group Holdings N.V.
-4.82%
current return
Author Info
No bio for this author
Company Info
Expro Group Holdings N.V. provides energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific.
Market Cap
$1.5B
Pitch Price
$18.68
Price Target
24.00 (+35%)
Dividend
N/A
EV/EBITDA
3.08
P/E
21.28
EV/Sales
0.88
Sector
Energy Equipment and Services
Category
growth
Expro Group Holdings N.V.: Coretrax Acquisition's Technology Should Complement Expro's Drilling Portfolio
XPRO: Q2 rev +22% QoQ to $470M, EBITDA +40% to $95M. FY rev guide up to $1.725B. FV raised to $24 from $22. Strong offshore activity (70% rev) supports outlook. Coretrax acquisition complements drilling portfolio. No moat, but well construction benefits from intangibles. Bears cite competition, regulations, integration risks.