Exponent, Inc. (NASDAQ:EXPO) has received an average broker rating score of 2.50 (Hold) from the four analysts that cover the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.
Brokerages have set a 1 year consensus price objective of $53.67 for the company and are predicting that the company will post $0.46 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Exponent an industry rank of 209 out of 265 based on the ratings given to its competitors.
A number of equities analysts have commented on the company. Zacks Investment Research upgraded Exponent from a “hold” rating to a “buy” rating and set a $63.00 price objective on the stock in a research note on Friday, February 3rd. Cantor Fitzgerald set a $64.00 price objective on Exponent and gave the stock a “buy” rating in a research note on Thursday, February 2nd.
Shares of Exponent (NASDAQ:EXPO) opened at 57.75 on Thursday. The company has a 50-day moving average price of $58.31 and a 200 day moving average price of $55.53. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 33.00 and a beta of 0.63. Exponent has a 12-month low of $45.00 and a 12-month high of $64.80.
Exponent (NASDAQ:EXPO) last posted its quarterly earnings data on Wednesday, February 1st. The company reported $0.39 EPS for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.05. Exponent had a return on equity of 15.76% and a net margin of 15.07%. The firm had revenue of $77 million for the quarter, compared to analyst estimates of $74.84 million. During the same quarter last year, the company earned $0.36 EPS. The company’s revenue was up 4.3% on a year-over-year basis. Equities research analysts expect that Exponent will post $1.78 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 24th. Stockholders of record on Friday, March 3rd will be paid a $0.21 dividend. This is a positive change from Exponent’s previous quarterly dividend of $0.18. The ex-dividend date is Wednesday, March 1st. This represents a $0.84 annualized dividend and a dividend yield of 1.45%. Exponent’s dividend payout ratio (DPR) is presently 41.14%.
Institutional investors have recently modified their holdings of the stock. TimesSquare Capital Management LLC acquired a new position in shares of Exponent during the third quarter valued at about $44,524,000. PNC Financial Services Group Inc. raised its position in shares of Exponent by 85.8% in the third quarter. PNC Financial Services Group Inc. now owns 480,132 shares of the company’s stock valued at $24,515,000 after buying an additional 221,715 shares during the last quarter. DF Dent & Co. Inc. raised its position in shares of Exponent by 35.8% in the third quarter. DF Dent & Co. Inc. now owns 788,237 shares of the company’s stock valued at $40,247,000 after buying an additional 207,735 shares during the last quarter. BlackRock Fund Advisors raised its position in shares of Exponent by 8.2% in the third quarter. BlackRock Fund Advisors now owns 1,765,069 shares of the company’s stock valued at $90,124,000 after buying an additional 133,426 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Exponent by 3.9% in the second quarter. Vanguard Group Inc. now owns 2,004,471 shares of the company’s stock valued at $117,081,000 after buying an additional 75,731 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.
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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.
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