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EXPO

ExponentNasdaqGS:EXPO Stock Report

Last Price

US$91.52

Market Cap

US$4.8b

7D

-9.6%

1Y

-1.8%

Updated

22 Jan, 2022

Data

Company Financials +
EXPO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends2/6

EXPO Stock Overview

Exponent, Inc., together with its subsidiaries, operates as a science and engineering consulting company worldwide.

Exponent Competitors

Jacobs Engineering Group

NYSE:J

US$16.6b

Leidos Holdings

NYSE:LDOS

US$12.9b

Booz Allen Hamilton Holding

NYSE:BAH

US$11.4b

CACI International

NYSE:CACI

US$6.3b

Price History & Performance

Summary of all time highs, changes and price drops for Exponent
Historical stock prices
Current Share PriceUS$91.52
52 Week HighUS$127.61
52 Week LowUS$82.13
Beta0.39
1 Month Change-19.68%
3 Month Change-19.40%
1 Year Change-1.85%
3 Year Change81.55%
5 Year Change217.23%
Change since IPO4,949.38%

Recent News & Updates

Jan 02
Here's Why I Think Exponent (NASDAQ:EXPO) Might Deserve Your Attention Today

Here's Why I Think Exponent (NASDAQ:EXPO) Might Deserve Your Attention Today

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Dec 15
Capital Investment Trends At Exponent (NASDAQ:EXPO) Look Strong

Capital Investment Trends At Exponent (NASDAQ:EXPO) Look Strong

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...

Shareholder Returns

EXPOUS Professional ServicesUS Market
7D-9.6%-4.7%-6.1%
1Y-1.8%1.0%4.2%

Return vs Industry: EXPO underperformed the US Professional Services industry which returned 1% over the past year.

Return vs Market: EXPO underperformed the US Market which returned 4.2% over the past year.

Price Volatility

Is EXPO's price volatile compared to industry and market?
EXPO volatility
EXPO Average Weekly Movement4.5%
Professional Services Industry Average Movement6.2%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: EXPO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: EXPO's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1967883Catherine Corriganhttps://www.exponent.com

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. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health.

Exponent Fundamentals Summary

How do Exponent's earnings and revenue compare to its market cap?
EXPO fundamental statistics
Market CapUS$4.77b
Earnings (TTM)US$102.66m
Revenue (TTM)US$427.84m

46.5x

P/E Ratio

11.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EXPO income statement (TTM)
RevenueUS$427.84m
Cost of RevenueUS$277.89m
Gross ProfitUS$149.95m
ExpensesUS$47.29m
EarningsUS$102.66m

Last Reported Earnings

Oct 01, 2021

Next Earnings Date

Feb 03, 2022

Earnings per share (EPS)1.97
Gross Margin35.05%
Net Profit Margin24.00%
Debt/Equity Ratio0%

How did EXPO perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

40%

Payout Ratio

Valuation

Is Exponent undervalued compared to its fair value and its price relative to the market?

46.46x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EXPO ($91.52) is trading above our estimate of fair value ($66.22)

Significantly Below Fair Value: EXPO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EXPO is poor value based on its PE Ratio (46.5x) compared to the US Professional Services industry average (23.1x).

PE vs Market: EXPO is poor value based on its PE Ratio (46.5x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: EXPO is poor value based on its PEG Ratio (7.2x)


Price to Book Ratio

PB vs Industry: EXPO is overvalued based on its PB Ratio (11.8x) compared to the US Professional Services industry average (2.6x).


Future Growth

How is Exponent forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

6.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EXPO's forecast earnings growth (6.4% per year) is above the savings rate (2%).

Earnings vs Market: EXPO's earnings (6.4% per year) are forecast to grow slower than the US market (12.9% per year).

High Growth Earnings: EXPO's earnings are forecast to grow, but not significantly.

Revenue vs Market: EXPO's revenue (6.4% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: EXPO's revenue (6.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if EXPO's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Exponent performed over the past 5 years?

16.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EXPO has high quality earnings.

Growing Profit Margin: EXPO's current net profit margins (24%) are higher than last year (20.8%).


Past Earnings Growth Analysis

Earnings Trend: EXPO's earnings have grown by 16.5% per year over the past 5 years.

Accelerating Growth: EXPO's earnings growth over the past year (28.6%) exceeds its 5-year average (16.5% per year).

Earnings vs Industry: EXPO earnings growth over the past year (28.6%) underperformed the Professional Services industry 33.6%.


Return on Equity

High ROE: EXPO's Return on Equity (25.3%) is considered high.


Financial Health

How is Exponent's financial position?


Financial Position Analysis

Short Term Liabilities: EXPO's short term assets ($417.6M) exceed its short term liabilities ($126.4M).

Long Term Liabilities: EXPO's short term assets ($417.6M) exceed its long term liabilities ($106.9M).


Debt to Equity History and Analysis

Debt Level: EXPO is debt free.

Reducing Debt: EXPO has not had any debt for past 5 years.

Debt Coverage: EXPO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: EXPO has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Exponent current dividend yield, its reliability and sustainability?

0.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EXPO's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: EXPO's dividend (0.87%) is low compared to the top 25% of dividend payers in the US market (3.61%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, EXPO has been paying a dividend for less than 10 years.

Growing Dividend: EXPO's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40.4%), EXPO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EXPO's dividends in 3 years are forecast to be well covered by earnings (48.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

17.8yrs

Average management tenure


CEO

Catherine Corrigan (52 yo)

5.5yrs

Tenure

US$2,674,793

Compensation

Dr. Catherine Ford Corrigan, Ph. D., PE, has been the President of Exponent Inc. since July 29, 2016 and its Chief Executive Officer and Director since May 31, 2018. She served as Group Vice President of T...


CEO Compensation Analysis

Compensation vs Market: Catherine's total compensation ($USD2.67M) is below average for companies of similar size in the US market ($USD5.28M).

Compensation vs Earnings: Catherine's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: EXPO's management team is seasoned and experienced (17.8 years average tenure).


Board Members

Experienced Board: EXPO's board of directors are considered experienced (7.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EXPO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Exponent, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Exponent, Inc.
  • Ticker: EXPO
  • Exchange: NasdaqGS
  • Founded: 1967
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Implied Market Cap: US$4.769b
  • Shares outstanding: 52.11m
  • Website: https://www.exponent.com

Number of Employees


Location

  • Exponent, Inc.
  • 149 Commonwealth Drive
  • Menlo Park
  • California
  • 94025
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 23:13
End of Day Share Price2022/01/21 00:00
Earnings2021/10/01
Annual Earnings2021/01/01


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.