Exponent, Inc. Plans Quarterly Dividend of $0.16 (NASDAQ:EXPO)
Exponent, Inc. (NASDAQ:EXPO) announced a quarterly dividend on Thursday, October 17th, Zacks reports. Shareholders of record on Friday, December 6th will be paid a dividend of 0.16 per share by the business services provider on Friday, December 20th. This represents a $0.64 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend is Thursday, December 5th.
EXPO stock opened at $62.99 on Tuesday. Exponent has a twelve month low of $46.00 and a twelve month high of $72.70. The company has a quick ratio of 3.48, a current ratio of 3.48 and a debt-to-equity ratio of 0.05. The stock’s 50 day moving average is $64.23 and its 200-day moving average is $64.49. The firm has a market capitalization of $3.29 billion, a PE ratio of 50.39 and a beta of 0.38.
Exponent (NASDAQ:EXPO) last announced its quarterly earnings results on Thursday, October 17th. The business services provider reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.02. The business had revenue of $101.50 million during the quarter, compared to the consensus estimate of $100.17 million. Exponent had a return on equity of 23.62% and a net margin of 19.88%. Exponent’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.32 earnings per share. On average, equities research analysts anticipate that Exponent will post 1.5 earnings per share for the current fiscal year.
A number of research firms have issued reports on EXPO. SunTrust Banks lifted their price objective on shares of Exponent from $70.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, September 20th. BidaskClub lowered shares of Exponent from a “hold” rating to a “sell” rating in a research note on Thursday, October 24th. Zacks Investment Research upgraded shares of Exponent from a “hold” rating to a “strong-buy” rating and set a $81.00 target price for the company in a report on Monday, September 23rd. DA Davidson started coverage on shares of Exponent in a research report on Wednesday, August 28th. They set a “neutral” rating on the stock. Finally, William Blair restated a “market perform” rating on shares of Exponent in a report on Friday, October 18th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. Exponent presently has an average rating of “Hold” and an average target price of $76.75.
Exponent Company Profile
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.
Read More: SEC Filing
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.