Exponent, Inc. (EXPO) To Go Ex-Dividend on December 5th

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 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Thursday, December 5th.

Shares of NASDAQ:EXPO opened at $62.57 on Tuesday. The company has a current ratio of 3.48, a quick ratio of 3.48 and a debt-to-equity ratio of 0.05. The company has a 50-day moving average price of $64.23 and a 200-day moving average price of $64.49. The company has a market cap of $3.29 billion, a price-to-earnings ratio of 50.06 and a beta of 0.38. Exponent has a 12 month low of $46.00 and a 12 month high of $72.70.

Exponent (NASDAQ:EXPO) last posted its 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. Exponent had a return on equity of 23.62% and a net margin of 19.88%. The company had revenue of $101.50 million for the quarter, compared to analysts’ expectations of $100.17 million. During the same period last year, the firm earned $0.32 earnings per share. Exponent’s quarterly revenue was up 6.5% on a year-over-year basis. As a group, research analysts forecast that Exponent will post 1.5 EPS for the current fiscal year.

In related news, VP Harri Kytomaa sold 1,800 shares of Exponent stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $61.56, for a total transaction of $110,808.00. Following the sale, the vice president now directly owns 7,599 shares in the company, valued at $467,794.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul R. Johnston sold 7,000 shares of Exponent stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $62.75, for a total value of $439,250.00. Following the sale, the director now owns 95,507 shares in the company, valued at $5,993,064.25. The disclosure for this sale can be found here. Insiders sold 59,792 shares of company stock valued at $3,793,090 over the last 90 days. 2.30% of the stock is currently owned by company insiders.

Several equities analysts have recently issued reports on EXPO shares. Zacks Investment Research raised Exponent from a “hold” rating to a “strong-buy” rating and set a $81.00 target price on the stock in a research note on Monday, September 23rd. DA Davidson assumed coverage on Exponent in a research note on Wednesday, August 28th. They issued a “neutral” rating for the company. Sidoti lifted their price target on shares of Exponent from $60.00 to $72.00 and gave the company a “neutral” rating in a report on Thursday, October 3rd. William Blair reissued a “market perform” rating on shares of Exponent in a research report on Friday, October 18th. Finally, BidaskClub lowered shares of Exponent from a “hold” rating to a “sell” rating in a report on Thursday, October 24th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $76.75.

About Exponent

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.

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Dividend History for Exponent (NASDAQ:EXPO)

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