CRA International, Inc. (NASDAQ:CRAI – Free Report) – Analysts at Sidoti Csr increased their FY2025 earnings per share (EPS) estimates for CRA International in a report released on Friday, May 2nd. Sidoti Csr analyst M. Riddick now forecasts that the business services provider will earn $8.35 per share for the year, up from their prior forecast of $7.99. The consensus estimate for CRA International’s current full-year earnings is $7.52 per share.
Separately, Barrington Research upped their price target on CRA International from $212.00 to $224.00 and gave the stock an “outperform” rating in a report on Monday, February 24th.
CRA International Trading Up 0.1 %
Shares of CRAI opened at $166.63 on Monday. CRA International has a twelve month low of $133.54 and a twelve month high of $214.01. The firm has a market capitalization of $1.13 billion, a P/E ratio of 24.72, a PEG ratio of 1.75 and a beta of 0.96. The firm’s 50-day moving average is $173.19 and its two-hundred day moving average is $184.13.
CRA International (NASDAQ:CRAI – Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The business services provider reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.93 by $0.29. CRA International had a net margin of 6.79% and a return on equity of 25.95%. The business had revenue of $181.85 million for the quarter, compared to analysts’ expectations of $176.63 million.
Hedge Funds Weigh In On CRA International
Institutional investors have recently modified their holdings of the company. KLP Kapitalforvaltning AS acquired a new position in CRA International in the 4th quarter valued at $281,000. United Capital Financial Advisors LLC purchased a new stake in shares of CRA International in the fourth quarter valued at $9,389,000. Summit Global Investments acquired a new position in CRA International in the fourth quarter valued at $656,000. Farther Finance Advisors LLC lifted its position in CRA International by 3.3% during the fourth quarter. Farther Finance Advisors LLC now owns 3,418 shares of the business services provider’s stock worth $640,000 after buying an additional 108 shares during the period. Finally, Foundry Partners LLC boosted its stake in CRA International by 56.0% in the 4th quarter. Foundry Partners LLC now owns 29,115 shares of the business services provider’s stock worth $5,450,000 after buying an additional 10,455 shares during the last quarter. Institutional investors and hedge funds own 84.13% of the company’s stock.
Insider Activity at CRA International
In related news, CEO Paul A. Maleh sold 2,000 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $199.37, for a total value of $398,740.00. Following the completion of the transaction, the chief executive officer now owns 153,806 shares of the company’s stock, valued at approximately $30,664,302.22. The trade was a 1.28 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Thomas Aiken Avery sold 1,000 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $199.05, for a total transaction of $199,050.00. Following the sale, the director now directly owns 14,669 shares in the company, valued at $2,919,864.45. This represents a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 20,850 shares of company stock valued at $3,902,083. Insiders own 5.20% of the company’s stock.
CRA International Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Tuesday, May 27th will be given a $0.49 dividend. The ex-dividend date of this dividend is Tuesday, May 27th. This represents a $1.96 annualized dividend and a dividend yield of 1.18%. CRA International’s dividend payout ratio is presently 29.08%.
About CRA International
CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.
Further Reading
- Five stocks we like better than CRA International
- Golden Cross Stocks: Pattern, Examples and Charts
- Western Digital: Is the Storage Sector Set for a Rebound?
- Trading Stocks: RSI and Why it’s Useful
- Wingstop Stock Jumps on Q1 Beat, Expansion Outlook
- What is a Dividend King?
- Why Energy Stocks Like Exxon and Hess Are Back in Focus
Receive News & Ratings for CRA International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRA International and related companies with MarketBeat.com's FREE daily email newsletter.