Exponent (NASDAQ:EXPO) Announces Earnings Results

Exponent (NASDAQ:EXPO) released its earnings results on Thursday. The business services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.40 by $0.06, Zacks reports. Exponent had a net margin of 19.52% and a return on equity of 27.73%. During the same period in the previous year, the firm posted $0.41 earnings per share.

Exponent Trading Up 7.7 %

NASDAQ EXPO opened at $96.74 on Friday. The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 46.28 and a beta of 0.71. The business’s 50 day moving average is $92.13 and its two-hundred day moving average is $100.83. Exponent has a 12-month low of $74.30 and a 12-month high of $115.75.

Exponent Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.24%. This is a positive change from Exponent’s previous quarterly dividend of $0.28. Exponent’s payout ratio is currently 54.11%.

Insider Activity

In other news, Director Paul R. Johnston sold 7,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $98.32, for a total transaction of $688,240.00. Following the sale, the director now owns 59,406 shares of the company’s stock, valued at $5,840,797.92. The trade was a 10.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 15,300 shares of company stock valued at $1,538,589 in the last three months. 2.10% of the stock is currently owned by company insiders.

About Exponent

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.