Equities analysts expect Exponent, Inc. (NASDAQ:EXPO) to post $0.29 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Exponent’s earnings, with the lowest EPS estimate coming in at $0.28 and the highest estimate coming in at $0.29. Exponent posted earnings of $0.24 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 20.8%. The business is expected to announce its next quarterly earnings results on Thursday, February 7th.
According to Zacks, analysts expect that Exponent will report full-year earnings of $1.33 per share for the current year, with EPS estimates ranging from $1.32 to $1.33. For the next year, analysts expect that the firm will post earnings of $1.41 per share, with EPS estimates ranging from $1.34 to $1.50. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Exponent.
Exponent (NASDAQ:EXPO) last announced its earnings results on Thursday, October 18th. The business services provider reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. Exponent had a return on equity of 20.92% and a net margin of 13.98%. The firm had revenue of $88.71 million for the quarter, compared to the consensus estimate of $88.52 million. During the same quarter in the previous year, the business earned $0.27 EPS. The company’s revenue was up 7.7% compared to the same quarter last year.
Shares of NASDAQ EXPO traded down $0.48 during midday trading on Friday, reaching $48.21. The company’s stock had a trading volume of 215,861 shares, compared to its average volume of 229,387. Exponent has a 12-month low of $34.90 and a 12-month high of $54.58. The company has a market capitalization of $2.51 billion, a PE ratio of 45.06 and a beta of 0.61.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 21st. Stockholders of record on Friday, December 7th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Thursday, December 6th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.08%. Exponent’s payout ratio is presently 48.60%.
In other news, insider Harri Kytomaa sold 7,000 shares of the business’s stock in a transaction that occurred on Friday, October 26th. The stock was sold at an average price of $49.00, for a total value of $343,000.00. Following the transaction, the insider now owns 13,090 shares in the company, valued at approximately $641,410. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.80% of the stock is owned by insiders.
Several large investors have recently bought and sold shares of the stock. Riverhead Capital Management LLC raised its holdings in Exponent by 26.4% during the 3rd quarter. Riverhead Capital Management LLC now owns 6,232 shares of the business services provider’s stock valued at $334,000 after acquiring an additional 1,300 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Exponent by 12.9% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,423 shares of the business services provider’s stock valued at $666,000 after purchasing an additional 1,421 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Exponent by 100.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,952 shares of the business services provider’s stock valued at $143,000 after purchasing an additional 1,476 shares in the last quarter. Trexquant Investment LP grew its position in shares of Exponent by 59.0% during the 2nd quarter. Trexquant Investment LP now owns 4,443 shares of the business services provider’s stock valued at $215,000 after purchasing an additional 1,649 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its position in shares of Exponent by 5.9% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 36,004 shares of the business services provider’s stock valued at $1,930,000 after purchasing an additional 2,013 shares in the last quarter. 88.13% of the stock is currently owned by institutional investors.
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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