FY2024 EPS Estimates for Exponent Raised by William Blair

Exponent, Inc. (NASDAQ:EXPO) – Stock analysts at William Blair boosted their FY2024 EPS estimates for shares of Exponent in a note issued to investors on Thursday, October 24th. William Blair analyst A. Nicholas now anticipates that the business services provider will post earnings per share of $2.06 for the year, up from their prior estimate of $2.03. The consensus estimate for Exponent’s current full-year earnings is $2.04 per share. William Blair also issued estimates for Exponent’s Q2 2025 earnings at $0.57 EPS, Q3 2025 earnings at $0.55 EPS and FY2025 earnings at $2.13 EPS.

Separately, Truist Financial restated a “buy” rating and issued a $120.00 target price (up from $100.00) on shares of Exponent in a report on Friday, July 26th.

Exponent Stock Performance

EXPO opened at $97.80 on Monday. The company has a market cap of $4.96 billion, a PE ratio of 49.39 and a beta of 0.66. The stock has a 50-day moving average of $108.84 and a 200-day moving average of $100.44. Exponent has a 52-week low of $68.70 and a 52-week high of $115.75.

Hedge Funds Weigh In On Exponent

Large investors have recently made changes to their positions in the business. Bamco Inc. NY acquired a new position in shares of Exponent during the first quarter worth approximately $25,904,000. Vanguard Group Inc. raised its stake in Exponent by 5.8% during the 1st quarter. Vanguard Group Inc. now owns 5,286,652 shares of the business services provider’s stock valued at $437,153,000 after purchasing an additional 291,047 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in Exponent by 6.5% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,640,600 shares of the business services provider’s stock valued at $441,414,000 after purchasing an additional 284,179 shares during the period. Assenagon Asset Management S.A. acquired a new stake in Exponent in the 2nd quarter worth $22,050,000. Finally, International Assets Investment Management LLC bought a new position in shares of Exponent during the 3rd quarter worth about $11,261,000. Institutional investors and hedge funds own 92.37% of the company’s stock.

Exponent Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Friday, December 6th. Exponent’s dividend payout ratio is 56.57%.

Exponent Company Profile

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.