Brokerages Anticipate CRA International,Inc. (CRAI) to Announce $0.34 EPS

Shares of CRA International,Inc. (NASDAQ:CRAI) have been assigned an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Zacks has also given CRA International,Inc. an industry rank of 91 out of 265 based on the ratings given to its competitors.

CRAI has been the topic of several analyst reports. BidaskClub lowered shares of CRA International,Inc. from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Zacks Investment Research upgraded shares of CRA International,Inc. from a “hold” rating to a “strong-buy” rating and set a $45.00 price target on the stock in a research note on Monday, July 31st.

In other news, CFO Chad M. Holmes sold 1,700 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $43.17, for a total value of $73,389.00. Following the completion of the transaction, the chief financial officer now directly owns 11,055 shares in the company, valued at $477,244.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Paul A. Maleh sold 13,300 shares of the stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $43.16, for a total transaction of $574,028.00. Following the completion of the transaction, the insider now owns 116,619 shares of the company’s stock, valued at $5,033,276.04. The disclosure for this sale can be found here. Company insiders own 4.70% of the company’s stock.

Several institutional investors have recently bought and sold shares of CRAI. Geode Capital Management LLC boosted its holdings in shares of CRA International,Inc. by 5.2% in the first quarter. Geode Capital Management LLC now owns 70,652 shares of the business services provider’s stock valued at $2,496,000 after acquiring an additional 3,517 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of CRA International,Inc. by 29.0% in the second quarter. Russell Investments Group Ltd. now owns 242,672 shares of the business services provider’s stock valued at $8,814,000 after acquiring an additional 54,614 shares in the last quarter. Falcon Point Capital LLC boosted its holdings in shares of CRA International,Inc. by 0.8% in the second quarter. Falcon Point Capital LLC now owns 44,669 shares of the business services provider’s stock valued at $1,622,000 after acquiring an additional 359 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of CRA International,Inc. by 2.4% in the second quarter. Bank of New York Mellon Corp now owns 96,667 shares of the business services provider’s stock valued at $3,511,000 after acquiring an additional 2,258 shares in the last quarter. Finally, Teachers Advisors LLC boosted its holdings in shares of CRA International,Inc. by 5.2% in the second quarter. Teachers Advisors LLC now owns 16,174 shares of the business services provider’s stock valued at $587,000 after acquiring an additional 798 shares in the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

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Shares of CRA International,Inc. (NASDAQ CRAI) traded up $1.02 during trading hours on Monday, hitting $44.06. 49,900 shares of the company’s stock traded hands, compared to its average volume of 42,687. CRA International,Inc. has a 12 month low of $30.43 and a 12 month high of $44.29. The firm has a market capitalization of $357.29, a price-to-earnings ratio of 30.18 and a beta of 0.77.

CRA International,Inc. (NASDAQ:CRAI) last announced its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.41 EPS for the quarter, beating the consensus estimate of $0.38 by $0.03. CRA International,Inc. had a net margin of 3.39% and a return on equity of 5.98%. The company had revenue of $91.30 million for the quarter, compared to analyst estimates of $90.36 million. During the same quarter last year, the business earned $0.39 earnings per share. CRA International,Inc.’s revenue was up 11.8% compared to the same quarter last year. analysts anticipate that CRA International,Inc. will post 1.56 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, November 28th will be paid a $0.17 dividend. The ex-dividend date is Monday, November 27th. This represents a $0.68 annualized dividend and a dividend yield of 1.54%. This is a positive change from CRA International,Inc.’s previous quarterly dividend of $0.14. CRA International,Inc.’s dividend payout ratio (DPR) is presently 40.29%.

CRA International,Inc. Company Profile

CRA International, Inc is a global consulting firm. The Company provides economic, financial and management consulting services. The Company consulting services in two areas: litigation, regulatory, and financial consulting and management consulting. The Company provides services, such as economic capability, analyses and testimony in areas, such as Antitrust & Competition; Damages & Valuation; Financial Accounting & Valuation; Financial Economics; Forensic & Cyber Investigations; Insurance Economics; Intellectual Property; International Arbitration; Labor & Employment; Mergers & Acquisitions; Regulatory Economics & Compliance; Securities & Financial Markets, and Transfer Pricing.

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