Shares of CRA International Inc. (NASDAQ:CRAI) have been given a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Zacks has also given CRA International an industry rank of 158 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut shares of CRA International from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th.
Shares of CRA International (NASDAQ:CRAI) opened at 27.26 on Friday. CRA International has a one year low of $16.25 and a one year high of $31.31. The stock has a market capitalization of $223.10 million, a P/E ratio of 26.62 and a beta of 0.80. The company’s 50-day moving average is $26.88 and its 200-day moving average is $23.96.
CRA International (NASDAQ:CRAI) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. CRA International had a net margin of 2.94% and a return on equity of 4.41%. The company had revenue of $82.60 million for the quarter, compared to analysts’ expectations of $78.69 million. The company’s revenue was up 7.9% on a year-over-year basis. On average, equities research analysts anticipate that CRA International will post $1.30 earnings per share for the current year.
A number of hedge funds have recently added to or reduced their stakes in the company. Metropolitan Life Insurance Co. NY bought a new stake in CRA International during the first quarter worth $142,000. Falcon Point Capital LLC acquired a new position in shares of CRA International during the second quarter worth approximately $905,000. California Public Employees Retirement System boosted its position in shares of CRA International by 4.1% in the second quarter. California Public Employees Retirement System now owns 60,800 shares of the company’s stock worth $1,533,000 after buying an additional 2,400 shares during the last quarter. Piermont Capital Management Inc. acquired a new position in shares of CRA International during the second quarter worth approximately $1,573,000. Finally, Kestrel Investment Management Corp acquired a new position in shares of CRA International during the second quarter worth approximately $1,665,000. 85.28% of the stock is currently owned by institutional investors.
CRA International Company Profile
CRA International, Inc is a global consulting firm. The Company provides economic, financial and management consulting services. It operates in two segments: consulting services and NeuCo It offers consulting services in areas, including litigation, regulatory and financial consulting, and management consulting.
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