Exponent (NASDAQ:EXPO) issued its quarterly earnings results on Thursday. The business services provider reported $0.36 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.02, Bloomberg Earnings reports. Exponent had a net margin of 19.88% and a return on equity of 24.13%. The company had revenue of $101.50 million during the quarter, compared to the consensus estimate of $100.17 million. During the same period in the prior year, the company earned $0.32 EPS. Exponent’s revenue was up 6.5% on a year-over-year basis.
NASDAQ EXPO opened at $65.63 on Friday. The stock’s 50-day moving average price is $70.12 and its two-hundred day moving average price is $62.92. The company has a current ratio of 3.60, a quick ratio of 3.60 and a debt-to-equity ratio of 0.05. The company has a market cap of $3.68 billion, a PE ratio of 48.16 and a beta of 0.41. Exponent has a 1 year low of $44.44 and a 1 year high of $72.70.
EXPO has been the subject of a number of research analyst reports. BidaskClub downgraded shares of Exponent from a “buy” rating to a “hold” rating in a report on Thursday, September 26th. Cantor Fitzgerald upped their price target on shares of Exponent from $64.00 to $73.00 and gave the company an “overweight” rating in a report on Friday, July 19th. SunTrust Banks upped their price target on shares of Exponent from $70.00 to $81.00 and gave the company a “buy” rating in a report on Friday, September 20th. ValuEngine downgraded shares of Exponent from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. Finally, DA Davidson initiated coverage on Exponent in a report on Wednesday, August 28th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, two have issued 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 price target of $76.75.
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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