Exponent, Inc. (NASDAQ:EXPO) will be issuing its quarterly earnings data after the market closes on Wednesday, October 18th. Analysts expect the company to announce earnings of $0.43 per share for the quarter.
Exponent (NASDAQ:EXPO) last released its quarterly earnings results on Tuesday, July 18th. The business services provider reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.10. The business had revenue of $84.10 million for the quarter, compared to the consensus estimate of $79.30 million. Exponent had a net margin of 15.94% and a return on equity of 16.52%. Exponent’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.38 EPS. On average, analysts expect Exponent to post $1.97 EPS for the current fiscal year and $2.02 EPS for the next fiscal year.
Exponent, Inc. (NASDAQ EXPO) opened at 75.30 on Wednesday. Exponent, Inc. has a 12-month low of $48.42 and a 12-month high of $76.20. The company has a market cap of $1.94 billion, a P/E ratio of 39.04 and a beta of 0.61. The stock’s 50 day moving average is $70.82 and its 200-day moving average is $63.40.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 22nd. Investors of record on Friday, September 1st were issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend was Wednesday, August 30th. Exponent’s payout ratio is 43.52%.
In other Exponent news, CEO Paul R. Johnston sold 5,000 shares of the company’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $64.41, for a total transaction of $322,050.00. Following the sale, the chief executive officer now directly owns 66,335 shares of the company’s stock, valued at $4,272,637.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John Pye sold 3,600 shares of the company’s stock in a transaction on Monday, July 24th. The stock was sold at an average price of $65.08, for a total transaction of $234,288.00. Following the sale, the insider now directly owns 14,767 shares in the company, valued at $961,036.36. The disclosure for this sale can be found here. Insiders have sold 80,848 shares of company stock valued at $5,425,477 in the last 90 days. 2.80% of the stock is currently owned by corporate insiders.
Several research analysts recently commented on the stock. Cantor Fitzgerald restated a “buy” rating and set a $75.00 target price (up previously from $69.00) on shares of Exponent in a report on Wednesday, July 19th. Zacks Investment Research cut shares of Exponent from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 19th. BidaskClub upgraded shares of Exponent from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 5th. Finally, ValuEngine upgraded shares of Exponent from a “sell” rating to a “hold” rating in a report on Thursday, July 20th.
Exponent, Inc (Exponent), along with its subsidiaries, is a science and engineering consulting company. Exponent provides engineering and scientific consulting services to clients around the world. Its service offerings are provided on a project-by-project basis. It operates in two segments: Engineering and Other Scientific, and Environmental and Health.
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