Exponent, Inc. (EXPO) Plans Quarterly Dividend of $0.21
Exponent, Inc. (NASDAQ:EXPO) announced a quarterly dividend on Thursday, April 20th. Stockholders of record on Friday, June 9th will be given a dividend of 0.21 per share by the business services provider on Friday, June 23rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Wednesday, June 7th.
Exponent (NASDAQ:EXPO) traded up 1.08% during midday trading on Thursday, hitting $61.00. 219,441 shares of the stock were exchanged. The firm has a market capitalization of $1.56 billion, a P/E ratio of 34.86 and a beta of 0.63. The firm’s 50-day moving average price is $58.68 and its 200 day moving average price is $58.18. Exponent has a 1-year low of $45.00 and a 1-year high of $64.80.
Exponent (NASDAQ:EXPO) last posted its quarterly earnings data on Wednesday, April 19th. The business services provider reported $0.39 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by $0.09. The company had revenue of $80.47 million for the quarter, compared to analysts’ expectations of $79.32 million. Exponent had a net margin of 15.07% and a return on equity of 15.76%. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.56 EPS. Analysts expect that Exponent will post $1.78 earnings per share for the current fiscal year.
Several research firms have recently weighed in on EXPO. Zacks Investment Research cut shares of Exponent from a “buy” rating to a “hold” rating in a research report on Wednesday. Cantor Fitzgerald set a $64.00 price objective on shares of Exponent and gave the company a “buy” rating in a research report on Thursday, February 2nd.
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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