Exponent, Inc. (NASDAQ:EXPO) declared a quarterly dividend on Thursday, October 17th, Zacks reports. Investors of record on Friday, December 6th will be given a dividend of 0.16 per share by the business services provider on Friday, December 20th. This represents a $0.64 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date is Thursday, December 5th.
NASDAQ EXPO opened at $62.99 on Tuesday. The firm’s fifty day moving average price is $64.23 and its two-hundred day moving average price is $64.49. The stock has a market cap of $3.29 billion, a PE ratio of 50.39 and a beta of 0.38. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.48 and a current ratio of 3.48. Exponent has a fifty-two week low of $46.00 and a fifty-two week high of $72.70.
Exponent (NASDAQ:EXPO) last announced its quarterly earnings results on Thursday, October 17th. The business services provider reported $0.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.02. Exponent had a return on equity of 23.62% and a net margin of 19.88%. The company had revenue of $101.50 million during the quarter, compared to analysts’ expectations of $100.17 million. During the same period in the prior year, the company earned $0.32 EPS. Exponent’s revenue was up 6.5% compared to the same quarter last year. As a group, sell-side analysts predict that Exponent will post 1.5 earnings per share for the current fiscal year.
In related news, Director Paul R. Johnston sold 8,000 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $62.78, for a total transaction of $502,240.00. Following the completion of the transaction, the director now directly owns 96,507 shares of the company’s stock, valued at approximately $6,058,709.46. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Paul R. Johnston sold 4,000 shares of Exponent stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $64.36, for a total value of $257,440.00. Following the transaction, the director now directly owns 92,507 shares in the company, valued at $5,953,750.52. The disclosure for this sale can be found here. In the last quarter, insiders have sold 59,792 shares of company stock worth $3,793,090. 2.30% of the stock is owned by company insiders.
Several research firms have commented on EXPO. BidaskClub downgraded Exponent from a “hold” rating to a “sell” rating in a research report on Thursday, October 24th. SunTrust Banks lifted their price target on Exponent from $70.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, September 20th. William Blair restated a “market perform” rating on shares of Exponent in a report on Friday, October 18th. Sidoti upped their price objective on Exponent from $60.00 to $72.00 and gave the company a “neutral” rating in a research note on Thursday, October 3rd. Finally, Zacks Investment Research upgraded shares of Exponent from a “hold” rating to a “strong-buy” rating and set a $81.00 price objective for the company in a report on Monday, September 23rd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Exponent currently has an average rating of “Hold” and a consensus target price of $76.75.
Exponent, Inc, together with its subsidiaries, operates as a science and engineering consulting company worldwide. Its services include analysis of product development, product recall, regulatory compliance, and the discovery of potential problems related to products, people, property, and impending litigation.
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