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Exponent (EXPO)

Exponent is an engineering and scientific consulting firm providing solutions to complex problems. Exponent's interdisciplinary organization of scientists, physicians, engineers, and business consultants draws from more than 90 technical disciplines to solve the most pressing and complicated challenges facing stakeholders today. The firm leverages over 50 years of experience in analyzing accidents and failures to advise clients as they innovate their technologically complex products and processes, ensure the safety and health of their users, and address the challenges of sustainability.

Company profile

Ticker
EXPO
Exchange
CEO
Catherine Corrigan
Employees
Incorporated
Location
Fiscal year end
Former names
FAILURE GROUP INC
SEC CIK
Subsidiaries
Exponent Consulting (Canada) Inc. • Exponent Consulting PTE. Ltd. • Exponent International • Exponent International Ltd. • Exponent Limited • Exponent Realty LLC • Exponent Science and Technology ...
IRS number
770218904

EXPO stock data

Analyst ratings and price targets

Last 3 months

Calendar

6 May 22
26 Jun 22
30 Dec 22
Quarter (USD) Apr 22 Dec 21 Oct 21 Jul 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Jan 21 Jan 20 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 215.05M 215.05M 215.05M 215.05M 215.05M 215.05M
Cash burn (monthly) 27.55M (no burn) (no burn) (no burn) 2.12M (no burn)
Cash used (since last report) 78.91M n/a n/a n/a 6.07M n/a
Cash remaining 136.14M n/a n/a n/a 208.98M n/a
Runway (months of cash) 4.9 n/a n/a n/a 98.7 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
2 Jun 22 Lindstrom Carol RSU Common Stock Grant Acquire A No No 0 1,489 0 1,489
2 Jun 22 George H. Brown RSU Common Stock Grant Acquire A No No 0 1,489 0 1,489
2 Jun 22 Johnston Paul R RSU Common Stock Grant Acquire A No No 0 1,489 0 1,489
2 Jun 22 Zumwalt Debra RSU Common Stock Grant Acquire A No No 0 1,489 0 1,489
2 Jun 22 Shoven John B RSU Common Stock Grant Acquire A No No 0 1,489 0 1,489
87.2% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 341 350 -2.6%
Opened positions 38 50 -24.0%
Closed positions 47 27 +74.1%
Increased positions 135 131 +3.1%
Reduced positions 113 108 +4.6%
13F shares Current Prev Q Change
Total value 5.41B 6.33B -14.6%
Total shares 45.2M 45.57M -0.8%
Total puts 2K 17.1K -88.3%
Total calls 26.2K 26.7K -1.9%
Total put/call ratio 0.1 0.6 -88.1%
Largest owners Shares Value Change
BLK Blackrock 7.87M $849.91M +0.6%
Vanguard 5.64M $609.69M +0.1%
Kayne Anderson Rudnick Investment Management 4.14M $447.32M +51.2%
ATAC Neuberger Berman 3.07M $331.36M -2.3%
Conestoga Capital Advisors 2.4M $259.45M +15.6%
STT State Street 1.69M $182.09M +3.7%
Geneva Capital Management 1.24M $134.18M -0.2%
Geode Capital Management 1.03M $111.79M +4.3%
Dimensional Fund Advisors 1.03M $111.04M -0.3%
TROW T. Rowe Price 957.87K $103.5M -1.3%
Largest transactions Shares Bought/sold Change
Kayne Anderson Rudnick Investment Management 4.14M +1.4M +51.2%
Ardevora Asset Management 0 -540.7K EXIT
Norges Bank 0 -425.25K EXIT
Conestoga Capital Advisors 2.4M +323.65K +15.6%
Manufacturers Life Insurance Company, The 46.05K -228.65K -83.2%
WFC Wells Fargo & Co. 578.39K +187.47K +48.0%
Polen Capital Management 4.49K -183.83K -97.6%
Schroder Investment Management 309.82K +182.37K +143.1%
Driehaus Capital Management 165.11K -179.22K -52.0%
Assenagon Asset Management 40.69K -161.89K -79.9%

Financial report summary

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Risks
  • The unpredictable and reactive nature of our business can create uneven performance in any given quarter or year.
  • The loss of a large client could adversely affect our business.
  • Tort reform can reduce demand for our services.
  • Potential conflicts of interest may preclude us from accepting some engagements.
  • Inherent risks related to government contracts may adversely affect our business.
  • Governments may terminate, cancel, modify or curtail our contracts at any time prior to their completion.
  • Failure to attract and retain key employees may adversely affect our business.
  • Our engagements may result in professional or other liability.
  • We are subject to unpredictable risks of litigation.
  • We are subject to security breaches that may disrupt our operations and/or lead to the inability to protect confidential information.
  • Competition could reduce our pricing and adversely affect our business.
  • Impairment of long-lived assets or restructuring activities may require us to record a significant charge to earnings.
  • Changes in, or interpretations of, accounting principles could have a significant impact on our financial position and results of operations.
  • Our business can be adversely affected by downturns in the overall economy.
  • The market price of our common stock may be volatile.
  • Catastrophic events may disrupt our business.
  • Climate change may disrupt our business.
Management Discussion
  • Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
  • This Quarterly Report on Form 10-Q contains certain “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995, and the rules promulgated pursuant to the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended) that are based on the beliefs of our management, as well as assumptions made by and information currently available to our management. Such forward-looking statements are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. When used in this document, the words “intend,” “anticipate,” “believe,” “estimate,” “expect” and similar expressions, as they relate to us or our management, identify such forward-looking statements. Such statements reflect the current views of us or our management with respect to future events and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results, performance, or achievements could differ materially from those expressed in, or implied by, any such forward-looking statements. Factors that could cause or contribute to such material differences include the COVID-19 pandemic (including factors relating to measures implemented by governmental authorities or by us to promote the safety of our employees, vendors and clients; other direct and indirect impacts on our business and the businesses of our clients, vendors and other partners; impacts which may, among other things, adversely affect our clients’ ability to utilize our services at the levels they have previously; disruptions of access to our facilities or those of our clients or third parties; and increased and potentially significant economic uncertainty and volatility, including credit and collectability risks and potential disruptions of capital and credit markets), the possibility that the demand for our services may decline as a result of changes in general and industry specific economic conditions, the timing of engagements for our services, the effects of competitive services and pricing, the absence of backlog related to our business, our ability to attract and retain key employees, the effect of tort reform and government regulation on our business and liabilities resulting from claims made against us. Additional risks and uncertainties are discussed in this Quarterly Report under the heading “Risk Factors” and elsewhere in this report. The inclusion of such forward-looking information should not be regarded as a representation by the us or any other person that the future events, plans, or expectations we contemplated will be achieved. Due to such uncertainties and risks, you are warned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. We do not intend to release publicly any updates or revisions to any such forward-looking statements.
  • Exponent, Inc., is an engineering and scientific consulting firm that provides solutions to complex problems. Our multidisciplinary team of scientists, engineers and business consultants brings together more than 90 different technical disciplines to solve complicated issues facing industry and business today. Our services include analysis of product development, product recall, regulatory compliance, and the discovery of potential problems related to products, people, property and impending litigation.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: combining, influx, mitigate, optimization, rebounding, smaller
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