XPLR Infrastructure LP (NYSE:XIFR) does about 1.67M shares in volume on a normal day but saw 996636 shares change hands in the recent trading day. The company now has a market cap of 831.91M USD. Its current market price is $8.85, marking an increase of 1.72% compared to the previous close of $8.70. The 52 week high reached by this stock is $34.05 whilst the lowest price level in 52 weeks is $7.53.
The consensus objective for the share price is $11.33, suggesting that the stock has a potential upside of 21.89% over the period.
BMO Capital Markets downgraded its price target at $26-$18.
The current price level is -1.53%, 0.01%, and -44.08% away from its SMA20, SMA50, and SMA200 respectively, with the XIFR price moving above the 50-day SMA on current market day. XPLR Infrastructure LP (XIFR) stock is up 2.79% over the week and 7.27% over the past month. Its price is -50.28% year-to-date and -73.78% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 1.22 and 2.63 for whole year. Expected sales for next quarter are $342.86M, which analysts say will come at $1.35B for the current fiscal year and next year at $1.38B. In addition, estimates put the company’s current quarterly revenue at an average of $372.5M.
To reach the target analysts have set, the stock logically needs to grow 21.89 percent from here.
Outstanding shares total 94.00M with insiders holding 2.96% of the shares and institutional holders owning 61.10% of the company’s common stock. The company has a return on investment of -1.94% and return on equity of -5.30%. The forward price to earnings ratio is 5.08. The beta has a value of 0.88. Price to book ratio is 0.27 and price to sales ratio is 0.67.
