In yesterday’s Wall Street session, Exponent Inc. (NASDAQ:EXPO) shares traded at $96.04, down -2.50% from the previous session.
EXPO stock price is now -6.83% away from the 50-day moving average and -0.86% away from the 200-day moving average. The market capitalization of the company currently stands at $4.99B.
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, while ‘DA Davidson’ rates the stock as ‘Neutral’.
In other news, Kytomaa Harri, Group Vice President sold 350 shares of the company’s stock on Feb 24. The stock was sold for $36,134 at an average price of $103.24. Upon completion of the transaction, the Group Vice President now directly owns 12,064 shares in the company, valued at $1.16 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 17, Group Vice President Kytomaa Harri sold 350 shares of the business’s stock. A total of $37,800 was realized by selling the stock at an average price of $108.00. This leaves the insider owning 12,414 shares of the company worth $1.19 million. Insiders disposed of 22,324 shares of company stock worth roughly $2.14 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in EXPO stock. A new stake in Exponent Inc. shares was purchased by THEMATICS ASSET MANAGEMENT during the first quarter worth $7,683,000. ASSENAGON ASSET MANAGEMENT S.A. invested $5,700,000 in shares of EXPO during the first quarter. In the first quarter, AMALGAMATED FINANCIAL CORP. acquired a new stake in Exponent Inc. valued at approximately $2,464,000. MARYLAND STATE RETIREMENT & PENSION SYSTEM acquired a new stake in EXPO for approximately $2,002,000. ALLIANZ ASSET MANAGEMENT GMBH purchased a new stake in EXPO valued at around $1,341,000 in the second quarter. In total, there are 469 active investors with 94.40% ownership of the company’s stock.
Friday morning saw Exponent Inc. (NASDAQ: EXPO) opened at $98.76. During the past 12 months, Exponent Inc. has had a low of $80.97 and a high of $112.75. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.20, and a quick ratio of 2.20. The fifty day moving average price for EXPO is $103.03 and a two-hundred day moving average price translates $96.90 for the stock.
The latest earnings results from Exponent Inc. (NASDAQ: EXPO) was released for Dec, 2022. According to the Consulting Services Company, earnings per share came in at $0.44, beating analysts’ expectations of $0.39 by 0.05. This compares to $0.38 EPS in the same period last year. The net profit margin was 19.90% and return on equity was 30.00% for EXPO. The company reported revenue of $127.36 million for the quarter, compared to $113.51 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.2 percent. For the current quarter, analysts expect EXPO to generate $123M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 03/24/2023. Investors who held shares on 03/10/2023 were paid a $0.26 dividend. On an annualized basis, this represents a $1.04 dividend and a 1.08% percent yield. There was an ex-dividend date of 03/09/2023 for this dividend. In terms of dividend payout ratio, EXPO is presently at 48.60%.
Exponent Inc.(EXPO) Company Profile
Exponent, Inc., together with its subsidiaries, operates as a science and engineering consulting company worldwide. It 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. The Environmental and Health segment offers services in the areas of chemical regulation and food safety, ecological and biological sciences, environmental and earth sciences, and health sciences. The company offers approximately 90 technical disciplines to solve pressing and complicated challenges facing stakeholders. It serves clients in chemical, construction, consumer products, energy, food, beverage and nutrition, government, life sciences, insurance, manufacturing, technology, industrial equipment, transportation, and other sectors of the economy. The company was formerly known as The Failure Group, Inc. and changed its name to Exponent, Inc. in 1998. Exponent, Inc. was founded in 1967 and is headquartered in Menlo Park, California.