EXPO
Exponent, Inc. Industrials - Engineering & Construction Investor Relations →
Exponent, Inc. (EXPO) closed at $79.79 as of 2026-02-02, trading 7.6% below its 200-week moving average of $86.39. This places EXPO in the deep value zone. The stock moved further from the line this week, up from -16.9% last week. The 14-week RSI sits at 70, indicating neutral momentum.
Over the past 1803 weeks of data, EXPO has crossed below its 200-week moving average 17 times. On average, these episodes lasted 25 weeks. Historically, investors who bought EXPO at the start of these episodes saw an average one-year return of +25.9%.
With a market cap of $4.0 billion, EXPO is a mid-cap stock. The company generates a free cash flow yield of 2.4%. Return on equity stands at 25.8%, indicating strong profitability. The stock trades at 9.9x book value.
Management has been repurchasing shares, with a 2.5% reduction over three years. EXPO passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.2 years, a hypothetical investment of $100 in EXPO would have grown to $9000, compared to $2849 for the S&P 500. That represents an annualized return of 14.5% vs 10.6% for the index — confirming EXPO as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 5.3% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: EXPO vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After EXPO Crosses Below the Line?
Across 17 historical episodes, buying EXPO when it crossed below its 200-week moving average produced an average return of +25.8% after 12 months (median +30.0%), compared to +24.3% for the S&P 500 over the same periods. 88% of those episodes were profitable after one year. After 24 months, the average return was +25.9% vs +43.9% for the index.
Each line shows $100 invested at the moment EXPO crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
EXPO has crossed below its 200-week MA 17 times with an average 1-year return of +25.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 1991 | Jul 1995 | 208 | 61.3% | -57.8% | +4540.6% |
| Aug 1995 | Dec 1995 | 19 | 25.2% | N/A | +11323.1% |
| Jan 1996 | Apr 1996 | 15 | 14.5% | +14.0% | +13714.0% |
| May 1996 | Jun 1996 | 1 | 3.6% | +8.7% | +12813.1% |
| Sep 1996 | Sep 1996 | 1 | 0.2% | +27.3% | +12504.8% |
| Oct 1996 | Dec 1996 | 8 | 2.0% | +64.8% | +12778.1% |
| Feb 1997 | Apr 1997 | 10 | 26.2% | +79.5% | +13400.0% |
| Jun 1997 | Jun 1997 | 1 | 3.0% | +69.8% | +13714.0% |
| Aug 1998 | Jun 1999 | 43 | 37.5% | +30.1% | +14213.3% |
| Aug 1999 | Dec 1999 | 17 | 21.3% | +27.8% | +10900.0% |
| Dec 1999 | Jan 2000 | 5 | 9.0% | +41.7% | +11434.0% |
| Oct 2000 | Oct 2000 | 1 | 0.8% | +30.9% | +10141.4% |
| Feb 2009 | Feb 2009 | 1 | 6.6% | +30.5% | +1727.9% |
| May 2023 | May 2023 | 1 | 1.6% | +10.3% | -4.5% |
| Jul 2023 | Aug 2023 | 4 | 2.8% | +19.9% | -7.3% |
| Sep 2023 | Apr 2024 | 33 | 19.7% | +17.6% | -6.5% |
| Dec 2024 | Ongoing | 61+ | 26.4% | Ongoing | -13.0% |
| Average | 25 | — | +25.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02