Shares of Exponent, Inc. (NASDAQ:EXPO – Get Free Report) reached a new 52-week high on Friday following a better than expected earnings announcement. The company traded as high as $82.96 and last traded at $81.72, with a volume of 26,050 shares changing hands. The stock had previously closed at $77.11.
The business services provider reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.04. The company had revenue of $173.73 million for the quarter, compared to analysts’ expectations of $149.64 million. Exponent had a net margin of 17.67% and a return on equity of 31.48%. The business’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same period last year, the firm posted $0.55 earnings per share.
Exponent Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be given a $0.31 dividend. The ex-dividend date is Friday, December 4th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.5%. Exponent’s dividend payout ratio is currently 55.61%.
Exponent News Roundup
Here are the key news stories impacting Exponent this week:
- Positive Sentiment: Quarterly results significantly exceeded expectations. Exponent reported third-quarter revenue of $173.7 million, above the approximately $149.6 million analyst estimate. Earnings per share rose to $0.64 from $0.55 a year earlier and topped consensus of $0.60. Revenue increased 11.7% year over year. Exponent Reports Third Quarter 2026 Financial Results
- Positive Sentiment: Profitability and cash generation improved. Operating profit reportedly increased 44.2% year over year to $41.9 million, while net income reached $30.9 million. Operating cash flow was $30.9 million, with relatively modest capital spending of $1.8 million, supporting the company’s financial flexibility. Exponent Q3 2026 Earnings Results
- Positive Sentiment: Management raised its 2026 outlook. The improved forecast reinforces expectations for continued demand across Exponent’s consulting and technical services businesses. Exponent Posts Strong Q3 Results and Raises 2026 Outlook
- Positive Sentiment: Exponent declared a $0.31 quarterly dividend. The dividend implies $1.24 in annual payments and a yield of approximately 1.6%, with payment scheduled for December 18 to shareholders of record on December 4. Exponent Declares Regular Quarterly Dividend
- Neutral Sentiment: Exponent is reportedly pursuing the acquisition of Crane Building Services & Utilities in a Crane carve-out. The transaction could expand the company’s capabilities, but its financial terms and expected contribution were not provided. Exponent to Acquire Crane Building Services and Utilities
- Negative Sentiment: Recent insider activity has been weighted toward selling, with multiple executives selling shares and only one reported purchase over the past six months. This may modestly temper sentiment, though insider transactions do not necessarily signal a change in business fundamentals.
Analysts Set New Price Targets
EXPO has been the topic of several recent analyst reports. Weiss Ratings upgraded Exponent from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, October 9th. UBS Group set a $72.00 price target on Exponent and gave the stock a “neutral” rating in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. raised their price target on Exponent from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $81.00.
View Our Latest Research Report on EXPO
Insider Buying and Selling
In related news, CEO Catherine Corrigan sold 1,707 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $66.28, for a total value of $113,139.96. Following the sale, the chief executive officer directly owned 129,108 shares of the company’s stock, valued at approximately $8,557,278.24. The trade was a 1.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.70% of the company’s stock.
Institutional Trading of Exponent
Several hedge funds and other institutional investors have recently modified their holdings of the company. Gibbs Wealth Management lifted its holdings in shares of Exponent by 3.1% in the third quarter. Gibbs Wealth Management now owns 4,759 shares of the business services provider’s stock valued at $311,000 after purchasing an additional 142 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of Exponent by 37.1% during the first quarter. Bessemer Group Inc. now owns 717 shares of the business services provider’s stock worth $47,000 after buying an additional 194 shares in the last quarter. State of Michigan Retirement System grew its holdings in shares of Exponent by 1.7% during the first quarter. State of Michigan Retirement System now owns 12,000 shares of the business services provider’s stock worth $783,000 after buying an additional 200 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Exponent by 9.4% during the second quarter. GAMMA Investing LLC now owns 2,509 shares of the business services provider’s stock worth $147,000 after buying an additional 216 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in Exponent by 36.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 959 shares of the business services provider’s stock valued at $63,000 after buying an additional 256 shares during the last quarter. Institutional investors and hedge funds own 92.37% of the company’s stock.
Exponent Stock Performance
The stock has a 50-day moving average of $69.97 and a 200-day moving average of $66.61. The firm has a market cap of $3.91 billion, a price-to-earnings ratio of 36.75 and a beta of 0.69.
About Exponent
Exponent, Inc is a science and engineering consulting company that helps clients investigate complex technical issues, manage risks, and develop solutions. Its consultants work across disciplines including engineering, materials science, biomechanics, human factors, environmental science, health, data sciences, and economics.
The company provides failure analysis, product safety and testing, accident reconstruction, environmental and health assessments, regulatory support, and expert testimony.
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