Equities research analysts expect Exponent, Inc. (NASDAQ:EXPO) to report earnings of $0.41 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Exponent’s earnings, with estimates ranging from $0.39 to $0.42. Exponent posted earnings of $0.38 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 7.9%. The firm is expected to issue its next quarterly earnings report on Tuesday, July 18th.

On average, analysts expect that Exponent will report full year earnings of $1.82 per share for the current fiscal year, with EPS estimates ranging from $1.81 to $1.83. For the next financial year, analysts anticipate that the company will post earnings of $1.87 per share, with EPS estimates ranging from $1.82 to $1.91. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that follow Exponent.

Exponent (NASDAQ:EXPO) last issued its quarterly earnings data on Wednesday, April 19th. The business services provider reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by $0.09. Exponent had a net margin of 15.41% and a return on equity of 15.47%. The company had revenue of $80.47 million for the quarter, compared to the consensus estimate of $79.32 million. During the same quarter in the prior year, the firm earned $0.56 earnings per share. Exponent’s revenue for the quarter was up 1.9% compared to the same quarter last year.

Several equities analysts have recently issued reports on EXPO shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $69.00 price target (up previously from $64.00) on shares of Exponent in a research note on Saturday, April 22nd. Zacks Investment Research lowered Exponent from a “buy” rating to a “hold” rating in a research note on Wednesday, April 19th.

Shares of Exponent (NASDAQ:EXPO) traded down 1.18% during midday trading on Thursday, reaching $58.80. 10,968 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $60.31 and its 200 day moving average price is $59.45. Exponent has a 52-week low of $45.00 and a 52-week high of $64.80. The firm has a market capitalization of $1.52 billion, a P/E ratio of 32.68 and a beta of 0.65.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 23rd. Stockholders of record on Friday, June 9th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Wednesday, June 7th. Exponent’s dividend payout ratio (DPR) is presently 46.67%.

Several institutional investors have recently modified their holdings of the stock. BlackRock Inc. raised its position in shares of Exponent by 41,234.4% in the first quarter. BlackRock Inc. now owns 3,080,242 shares of the business services provider’s stock valued at $183,428,000 after buying an additional 3,072,790 shares during the period. Norges Bank bought a new position in Exponent during the fourth quarter valued at $14,612,000. Schroder Investment Management Group bought a new position in Exponent during the first quarter valued at $6,312,000. Vanguard Group Inc. raised its position in Exponent by 3.9% in the first quarter. Vanguard Group Inc. now owns 2,176,141 shares of the business services provider’s stock valued at $129,590,000 after buying an additional 81,811 shares during the last quarter. Finally, Sandler Capital Management raised its position in Exponent by 112.6% in the fourth quarter. Sandler Capital Management now owns 148,800 shares of the business services provider’s stock valued at $8,973,000 after buying an additional 78,800 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

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Exponent Company Profile

Exponent, Inc (Exponent), along with its subsidiaries, is a science and engineering consulting company. Exponent provides engineering and scientific consulting services to clients around the world. Its service offerings are provided on a project-by-project basis. It operates in two segments: Engineering and Other Scientific, and Environmental and Health.

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