Exponent Inc. (NASDAQ:EXPO) has earned an average broker rating score of 2.50 (Hold) from the four analysts that provide coverage for the company, Zacks Investment Research reports. Three research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company.
Brokerages have set a 1-year consensus price objective of $51.33 for the company and are predicting that the company will post $0.34 EPS for the current quarter, according to Zacks. Zacks has also assigned Exponent an industry rank of 99 out of 265 based on the ratings given to its competitors.
Several research analysts recently weighed in on EXPO shares. Zacks Investment Research upgraded shares of Exponent from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 20th. Cantor Fitzgerald started coverage on shares of Exponent in a report on Friday, August 26th. They set a “buy” rating and a $57.00 price target on the stock.
In other Exponent news, insider Harri Kytomaa sold 5,500 shares of the business’s stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $61.91, for a total value of $340,505.00. Following the transaction, the insider now directly owns 11,371 shares in the company, valued at $703,978.61. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Richard L. Schlenker, Jr. sold 14,557 shares of the business’s stock in a transaction dated Tuesday, October 25th. The shares were sold at an average price of $56.98, for a total transaction of $829,457.86. Following the completion of the transaction, the chief financial officer now owns 183,152 shares in the company, valued at $10,436,000.96. The disclosure for this sale can be found here. Corporate insiders own 3.50% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. TimesSquare Capital Management LLC bought a new position in Exponent during the third quarter worth $44,524,000. PNC Financial Services Group Inc. boosted its position in Exponent by 1,814.5% in the second quarter. PNC Financial Services Group Inc. now owns 258,417 shares of the company’s stock worth $15,094,000 after buying an additional 244,919 shares during the last quarter. DF Dent & Co. Inc. boosted its position in Exponent by 35.8% in the third quarter. DF Dent & Co. Inc. now owns 788,237 shares of the company’s stock worth $40,247,000 after buying an additional 207,735 shares during the last quarter. BlackRock Fund Advisors boosted its position in Exponent by 8.2% in the third quarter. BlackRock Fund Advisors now owns 1,765,069 shares of the company’s stock worth $90,124,000 after buying an additional 133,426 shares during the last quarter. Finally, Henderson Group PLC boosted its position in Exponent by 57.6% in the second quarter. Henderson Group PLC now owns 350,913 shares of the company’s stock worth $20,497,000 after buying an additional 128,261 shares during the last quarter. Hedge funds and other institutional investors own 92.79% of the company’s stock.
Exponent (NASDAQ:EXPO) opened at 62.90 on Friday. Exponent has a one year low of $44.82 and a one year high of $63.30. The stock’s 50 day moving average is $56.50 and its 200 day moving average is $53.60. The company has a market capitalization of $1.61 billion, a PE ratio of 36.36 and a beta of 0.65.
Exponent (NASDAQ:EXPO) last posted its earnings results on Wednesday, October 19th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.34 by $0.08. The company earned $77.60 million during the quarter, compared to the consensus estimate of $74.46 million. Exponent had a net margin of 15.06% and a return on equity of 15.72%. The firm’s revenue for the quarter was down .4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.43 earnings per share. On average, analysts anticipate that Exponent will post $1.70 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 23rd. Investors of record on Friday, December 2nd will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.14%. The ex-dividend date is Wednesday, November 30th. Exponent’s dividend payout ratio (DPR) is presently 41.86%.
Exponent, Inc, along with its subsidiaries, is a science and engineering consulting company. The Company operates through two segments: Engineering and Other Scientific, and Environmental and Health. Its Engineering and Other Scientific segment includes biomechanics, biomedical engineering, buildings and structures, civil engineering, construction consulting, electrical engineering and computer science, engineering management consulting, human factors, industrial structures, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, technology development, thermal sciences and vehicle analysis services.