Exponent Inc (NASDAQ: EXPO) has reported earnings for its second fiscal quarter (ending June 30) of $0.57 versus $0.50 for the same period a year ago — an increase of 14%. This result exceeded the consensus estimate of $0.53 by $0.04. For the latest four quarters through June 30, E.P.S. were $2.05 versus $1.98 for the same period a year ago — an increase of 4%.
Recent Price Action
Exponent Inc (NASDAQ: EXPO) stock rose modestly by 0.8% on 7/25/24. The stock closed at $106.07. Moreover, trading volume in this advance was unusually high at 158% of normal. The stock has been strong relative to the market over the last nine months and has risen 1.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, EXPO is expected to continue to be a major Value Builder.
Exponent has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Exponent has a very low Appreciation Score of 5 but a slightly positive Power Rating of 64, with the Negative Value Trend Rating the result.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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