Equities research analysts expect CRA International, Inc. (NASDAQ:CRAI – Get Rating) to announce sales of $148.61 million for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for CRA International’s earnings. The highest sales estimate is $150.54 million and the lowest is $146.39 million. CRA International posted sales of $148.24 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 0.2%. The business is expected to report its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that CRA International will report full-year sales of $592.45 million for the current fiscal year, with estimates ranging from $591.80 million to $593.10 million. For the next fiscal year, analysts anticipate that the company will post sales of $622.80 million, with estimates ranging from $622.18 million to $623.62 million. Zacks’ sales calculations are a mean average based on a survey of research firms that follow CRA International.
CRA International (NASDAQ:CRAI – Get Rating) last issued its earnings results on Thursday, May 5th. The business services provider reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.40. CRA International had a return on equity of 20.92% and a net margin of 7.50%. The company had revenue of $148.38 million during the quarter, compared to the consensus estimate of $135.67 million. During the same quarter in the prior year, the business earned $1.37 earnings per share.
Institutional investors have recently bought and sold shares of the business. US Bancorp DE increased its position in CRA International by 29.4% during the first quarter. US Bancorp DE now owns 563 shares of the business services provider’s stock worth $47,000 after buying an additional 128 shares during the last quarter. Quantbot Technologies LP acquired a new position in CRA International during the first quarter worth $58,000. BNP Paribas Arbitrage SA increased its position in CRA International by 439.4% during the third quarter. BNP Paribas Arbitrage SA now owns 1,370 shares of the business services provider’s stock worth $136,000 after buying an additional 1,116 shares during the last quarter. Denali Advisors LLC grew its position in shares of CRA International by 39,900.0% in the fourth quarter. Denali Advisors LLC now owns 1,600 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 1,596 shares during the last quarter. Finally, Lazard Asset Management LLC grew its position in shares of CRA International by 11.4% in the fourth quarter. Lazard Asset Management LLC now owns 2,276 shares of the business services provider’s stock valued at $212,000 after purchasing an additional 233 shares during the last quarter. 83.23% of the stock is currently owned by hedge funds and other institutional investors.
Shares of CRA International stock opened at $81.41 on Monday. CRA International has a twelve month low of $78.35 and a twelve month high of $116.71. The stock has a market capitalization of $600.15 million, a price-to-earnings ratio of 14.46, a PEG ratio of 1.02 and a beta of 1.43. The business’s 50 day simple moving average is $84.17 and its 200-day simple moving average is $88.77.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 10th. Shareholders of record on Tuesday, May 31st will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Friday, May 27th. CRA International’s payout ratio is 22.02%.
About CRA International (Get Rating)
CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services in the United States, the United Kingdom, and internationally. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.
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