Analysts Anticipate CRA International, Inc. (CRAI) to Post $0.61 EPS

CRA International, Inc. (NASDAQ:CRAI) has been assigned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, 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 168 out of 255 based on the ratings given to its competitors.

Several brokerages have recently commented on CRAI. ValuEngine upgraded CRA International from a “sell” rating to a “hold” rating in a research report on Thursday, February 28th. Zacks Investment Research lowered CRA International from a “buy” rating to a “hold” rating in a research report on Monday, February 4th. Finally, BidaskClub upgraded CRA International from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 22nd.

In related news, insider Paul A. Maleh sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $48.46, for a total transaction of $1,211,500.00. Following the completion of the transaction, the insider now owns 119,870 shares in the company, valued at approximately $5,808,900.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Rowland Moriarty sold 3,715 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $50.19, for a total value of $186,455.85. Following the transaction, the director now owns 36,132 shares of the company’s stock, valued at approximately $1,813,465.08. The disclosure for this sale can be found here. In the last quarter, insiders sold 36,000 shares of company stock valued at $1,765,217. Insiders own 4.90% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in CRAI. Pembroke Management LTD acquired a new position in CRA International during the 4th quarter valued at approximately $5,907,000. Matarin Capital Management LLC acquired a new position in CRA International during the 3rd quarter valued at approximately $6,140,000. Marshall Wace LLP acquired a new position in CRA International during the 3rd quarter valued at approximately $1,874,000. Fuller & Thaler Asset Management Inc. boosted its position in CRA International by 35.0% during the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 81,199 shares of the business services provider’s stock valued at $4,078,000 after purchasing an additional 21,057 shares during the period. Finally, Geode Capital Management LLC boosted its position in CRA International by 10.0% during the 4th quarter. Geode Capital Management LLC now owns 91,300 shares of the business services provider’s stock valued at $3,883,000 after purchasing an additional 8,274 shares during the period. Institutional investors and hedge funds own 84.41% of the company’s stock.

Shares of CRAI traded up $1.53 during mid-day trading on Friday, hitting $51.95. The stock had a trading volume of 58,169 shares, compared to its average volume of 38,500. The firm has a market cap of $394.47 million, a price-to-earnings ratio of 18.89 and a beta of 0.90. CRA International has a fifty-two week low of $39.23 and a fifty-two week high of $58.75.

CRA International (NASDAQ:CRAI) last issued its earnings results on Thursday, February 28th. The business services provider reported $0.84 EPS for the quarter, topping the consensus estimate of $0.63 by $0.21. The company had revenue of $108.80 million during the quarter, compared to analyst estimates of $104.63 million. CRA International had a return on equity of 11.89% and a net margin of 5.39%. The business’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.70 EPS. As a group, sell-side analysts forecast that CRA International will post 2.68 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 22nd. Stockholders of record on Tuesday, March 12th will be given a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 11th. This represents a $0.80 annualized dividend and a dividend yield of 1.54%. CRA International’s payout ratio is 29.09%.

About CRA International

CRA International, Inc, a consulting company, 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.

Read More: SEC Filing

Get a free copy of the Zacks research report on CRA International (CRAI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.