Zacks: CRA International, Inc. (CRAI) Given Average Rating of “Hold” by Brokerages

CRA International, Inc. (NASDAQ:CRAI) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.

Zacks has also assigned CRA International an industry rank of 103 out of 255 based on the ratings given to its competitors.

Several equities analysts have issued reports on the stock. BidaskClub raised shares of CRA International from a “hold” rating to a “buy” rating in a report on Wednesday, August 15th. Zacks Investment Research raised shares of CRA International from a “sell” rating to a “hold” rating in a report on Tuesday, July 10th. Finally, ValuEngine lowered shares of CRA International from a “buy” rating to a “hold” rating in a report on Wednesday, September 19th.

NASDAQ CRAI opened at $45.51 on Friday. CRA International has a 12-month low of $41.33 and a 12-month high of $58.75. The firm has a market capitalization of $405.77 million, a price-to-earnings ratio of 23.83 and a beta of 0.78.

CRA International (NASDAQ:CRAI) last released its quarterly earnings results on Thursday, August 2nd. The business services provider reported $0.67 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.13. CRA International had a net margin of 3.22% and a return on equity of 10.02%. The business had revenue of $105.50 million for the quarter, compared to analyst estimates of $99.12 million. During the same period in the previous year, the company earned $0.48 earnings per share. The business’s revenue for the quarter was up 12.8% on a year-over-year basis. As a group, sell-side analysts anticipate that CRA International will post 2.32 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 21st. Stockholders of record on Tuesday, August 28th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend was Monday, August 27th. CRA International’s dividend payout ratio (DPR) is presently 35.60%.

Institutional investors and hedge funds have recently made changes to their positions in the company. Fuller & Thaler Asset Management Inc. grew its holdings in shares of CRA International by 53.0% during the second quarter. Fuller & Thaler Asset Management Inc. now owns 60,142 shares of the business services provider’s stock valued at $3,061,000 after buying an additional 20,842 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of CRA International by 39.1% during the first quarter. Russell Investments Group Ltd. now owns 280,930 shares of the business services provider’s stock valued at $14,688,000 after buying an additional 78,898 shares during the last quarter. Foundry Partners LLC grew its holdings in shares of CRA International by 0.9% during the first quarter. Foundry Partners LLC now owns 136,885 shares of the business services provider’s stock valued at $7,158,000 after buying an additional 1,275 shares during the last quarter. Sawgrass Asset Management LLC grew its holdings in shares of CRA International by 203.5% during the second quarter. Sawgrass Asset Management LLC now owns 21,090 shares of the business services provider’s stock valued at $1,073,000 after buying an additional 14,140 shares during the last quarter. Finally, EAM Global Investors LLC purchased a new stake in shares of CRA International during the first quarter valued at $1,267,000. 85.13% of the stock is currently owned by hedge funds and other institutional investors.

CRA International Company Profile

CRA International, Inc, a consulting company, provides economic, financial, and management consulting services in the United States, the United Kingdom, and internationally. The company advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through critical business strategy and performance-related issues.

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