Exponent, Inc. (NASDAQ:EXPO) Director Paul R. Johnston sold 8,000 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $77.56, for a total transaction of $620,480.00. Following the completion of the transaction, the director now owns 71,627 shares in the company, valued at $5,555,390.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of NASDAQ:EXPO opened at $76.06 on Thursday. The stock has a market cap of $4.03 billion, a P/E ratio of 48.88 and a beta of 0.25. The firm has a fifty day moving average price of $71.99 and a 200 day moving average price of $71.53. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.81 and a quick ratio of 3.81. Exponent, Inc. has a 1-year low of $56.72 and a 1-year high of $82.82.
Exponent (NASDAQ:EXPO) last announced its earnings results on Thursday, April 30th. The business services provider reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. Exponent had a net margin of 20.28% and a return on equity of 25.03%. The business had revenue of $99.70 million during the quarter, compared to analysts’ expectations of $101.21 million. During the same period in the prior year, the company earned $0.42 earnings per share. The business’s revenue was up 7.2% compared to the same quarter last year. Sell-side analysts expect that Exponent, Inc. will post 1.33 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend is Thursday, June 11th. Exponent’s dividend payout ratio is presently 49.67%.
Several brokerages have recently issued reports on EXPO. Zacks Investment Research upgraded shares of Exponent from a “sell” rating to a “hold” rating in a report on Monday. Sidoti upped their price objective on shares of Exponent from $80.00 to $94.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. BidaskClub upgraded Exponent from a “hold” rating to a “buy” rating in a research report on Thursday, May 21st. Finally, ValuEngine raised Exponent from a “sell” rating to a “hold” rating in a report on Tuesday, March 3rd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Exponent has a consensus rating of “Buy” and a consensus price target of $86.75.
A number of institutional investors have recently bought and sold shares of EXPO. Archer Investment Corp acquired a new position in shares of Exponent during the fourth quarter worth about $33,000. Synovus Financial Corp raised its stake in shares of Exponent by 1,333.3% during the 1st quarter. Synovus Financial Corp now owns 645 shares of the business services provider’s stock worth $46,000 after buying an additional 600 shares in the last quarter. Fieldpoint Private Securities LLC lifted its holdings in shares of Exponent by 74.4% in the 4th quarter. Fieldpoint Private Securities LLC now owns 736 shares of the business services provider’s stock valued at $51,000 after buying an additional 314 shares during the period. Ballast Advisors LLC purchased a new stake in shares of Exponent in the first quarter valued at approximately $99,000. Finally, Private Capital Group LLC grew its holdings in Exponent by 51.3% during the first quarter. Private Capital Group LLC now owns 1,628 shares of the business services provider’s stock worth $117,000 after acquiring an additional 552 shares during the period. 88.84% of the stock is 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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