Exponent (NASDAQ:EXPO – Get Free Report) posted its earnings results on Thursday. The business services provider reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.07, Briefing.com reports. Exponent had a return on equity of 29.01% and a net margin of 19.35%. The firm had revenue of $132.43 million during the quarter, compared to analysts’ expectations of $130.83 million. During the same quarter in the previous year, the business earned $0.50 earnings per share. The firm’s revenue was up 2.1% compared to the same quarter last year.
Exponent Price Performance
Shares of NASDAQ:EXPO traded down $0.62 during trading on Friday, reaching $105.45. The company had a trading volume of 359,737 shares, compared to its average volume of 190,804. The firm has a market capitalization of $5.35 billion, a price-to-earnings ratio of 53.26 and a beta of 0.65. The stock’s fifty day moving average price is $97.16 and its 200 day moving average price is $88.42. Exponent has a fifty-two week low of $64.61 and a fifty-two week high of $108.00.
Exponent Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 6th will be issued a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, September 6th. Exponent’s payout ratio is currently 56.57%.
Insider Activity
Analyst Ratings Changes
Separately, Truist Financial reiterated a “buy” rating and issued a $120.00 price objective (up previously from $100.00) on shares of Exponent in a research note on Friday.
View Our Latest Report on Exponent
Exponent Company Profile
Exponent, Inc, together with its subsidiaries, operates as a science and engineering consulting company in the United States and internationally. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment provides services in the areas of biomechanics, biomedical engineering and sciences, buildings and structures, civil engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, thermal sciences, and vehicle engineering.
Featured Articles
- Five stocks we like better than Exponent
- Consumer Staples Stocks, Explained
- Why Call Options Volume for These 2 Stocks Spiked Together
- With Risk Tolerance, One Size Does Not Fit All
- MarketBeat Week in Review – 7/22 – 7/26
- Using the MarketBeat Dividend Yield Calculator
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
Receive News & Ratings for Exponent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exponent and related companies with MarketBeat.com's FREE daily email newsletter.