Why should you buy stock in Exponent Inc. (EXPO)?

Exponent Inc. (NASDAQ: EXPO) is 16.64% higher on its value in year-to-date trading and has touched a low of $58.03 and a high of $83.54 in the current 52-week trading range. The EXPO stock was last observed hovering at around $80.49 in the last trading session, with the day’s gains setting it 0.44% off its average median price target of $80.50 for the next 12 months. It is also 13.9% off the consensus price target high of $94.00 offered by 5 analysts, but current levels are -24.51% lower than the price target low of $65.00 for the same period.

Currently trading at $80.93, the stock is 1.89% and 6.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing 0.55% at the moment leaves the stock 14.10% off its SMA200. EXPO registered 19.58% gain for a year compared to 6-month gain of 10.65%. The firm has a 50-day simple moving average (SMA 50) of $78.45 and a 200-day simple moving average (SMA200) of $73.16.

The stock witnessed a 3.11% loss in the last 1 month and extending the period to 3 months gives it a 12.86%, and is -1.35% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.02% over the week and 2.54% over the month.

Exponent Inc. (EXPO) has around 1201 employees, a market worth around $4.10B and $424.10M in sales. Current P/E ratio is 50.37 and Fwd P/E is 46.69. Profit margin for the company is 20.30%. Distance from 52-week low is 39.46% and -3.12% from its 52-week high. The company has generated returns on investments over the last 12 months (18.10%).

Exponent Inc. (EXPO) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Exponent Inc. (EXPO) is a “Overweight”. 5 analysts offering their recommendations for the stock have an average rating of 2.20, where 2 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Exponent Inc. is expected to release its quarterly report on 07/30/2020 and quarterly earnings per share for the current quarter are estimated at $0.25 with sales reaching $88.43M over the same period.The EPS is expected to grow by 14.70% this year, but quarterly earnings will post -5.40% year-over-year. Quarterly sales are estimated to shrink -17.00% in year-over-year returns.

Exponent Inc. (EXPO) Top Institutional Holders

385 institutions hold shares in Exponent Inc. (EXPO), with 629.38k shares held by insiders accounting for 1.22% while institutional investors hold 91.46% of the company’s shares. The shares outstanding are 52.58M, and float is at 50.93M with Short Float at 1.92%. Institutions hold 90.34% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 7.63 million shares valued at $548.94 million. The investor’s holdings represent 14.81% of the EXPO Shares outstanding. As of Mar 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 5.52 million shares valued at $397.28 million to account for 10.72% of the shares outstanding. The other top investors are Neuberger Berman Group, LLC which holds 3.55 million shares representing 6.89% and valued at over $255.42 million, while Conestoga Capital Advisors, LLC holds 3.31% of the shares totaling 1.7 million with a market value of $122.6 million.

Exponent Inc. (EXPO) Insider Activity

A total of 65 insider transactions have happened at Exponent Inc. (EXPO) in the last six months, with sales accounting for 27 and purchases happening 38 times. The most recent transaction is an insider sale by JOHNSTON PAUL R, the company’s Director. SEC filings show that JOHNSTON PAUL R sold 8,000 shares of the company’s common stock on Jun 25 at a price of $75.58 per share for a total of $0.6 million. Following the sale, the insider now owns 63627.0 shares.

Exponent Inc. disclosed in a document filed with the SEC on Jun 22 that JOHNSTON PAUL R (Director) sold a total of 8,000 shares of the company’s common stock. The trade occurred on Jun 22 and was made at $77.26 per share for $0.62 million. Following the transaction, the insider now directly holds 63627.0 shares of the EXPO stock.

Still, SEC filings show that on Jun 17, JOHNSTON PAUL R (Director) disposed off 8,000 shares at an average price of $77.56 for $0.62 million. The insider now directly holds 63,627 shares of Exponent Inc. (EXPO).

Exponent Inc. (EXPO): Who are the competitors?

The company’s main competitors (and peers) include MAXIMUS Inc. (MMS) that is trading -0.37% down over the past 12 months. Short interest in the company’s stock has risen 12.13% from the last report on May 28, 2020 to stand at a total of 0.86 million short shares sold with a short interest ratio of 2.91.