Shares of CRA International, Inc. (NASDAQ:CRAI) have earned a consensus broker rating score of 0.00 () from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Zacks has also assigned CRA International an industry rank of 151 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 research note on Tuesday, December 27th.
CRA International (NASDAQ:CRAI) opened at 35.21 on Thursday. The firm has a market cap of $299.39 million, a PE ratio of 23.63 and a beta of 0.78. CRA International has a 52 week low of $18.44 and a 52 week high of $40.00. The stock has a 50 day moving average of $35.28 and a 200-day moving average of $32.12.
CRA International (NASDAQ:CRAI) last released its earnings results on Wednesday, March 1st. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.30 by $0.06. CRA International had a net margin of 3.00% and a return on equity of 4.62%. The firm earned $79.57 million during the quarter, compared to the consensus estimate of $79.08 million. CRA International’s revenue was up 9.8% compared to the same quarter last year. Analysts expect that CRA International will post $1.58 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, March 17th. Investors of record on Monday, February 27th were paid a $0.14 dividend. The ex-dividend date of this dividend was Thursday, February 23rd. This represents a $0.56 annualized dividend and a dividend yield of 1.59%. CRA International’s dividend payout ratio is presently 51.38%.
In related news, EVP Arnold J. Lowenstein sold 2,000 shares of the firm’s stock in a transaction on Thursday, February 16th. The shares were sold at an average price of $38.00, for a total value of $76,000.00. Following the completion of the transaction, the executive vice president now directly owns 28,147 shares of the company’s stock, valued at $1,069,586. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.70% of the stock is currently owned by company insiders.
Institutional investors have recently added to or reduced their stakes in the stock. Acrospire Investment Management LLC boosted its position in CRA International by 44.9% in the third quarter. Acrospire Investment Management LLC now owns 4,518 shares of the company’s stock valued at $120,000 after buying an additional 1,400 shares in the last quarter. Nationwide Fund Advisors boosted its position in CRA International by 54.3% in the third quarter. Nationwide Fund Advisors now owns 29,853 shares of the company’s stock valued at $794,000 after buying an additional 10,500 shares in the last quarter. Falcon Point Capital LLC boosted its position in CRA International by 38.7% in the third quarter. Falcon Point Capital LLC now owns 49,753 shares of the company’s stock valued at $1,549,000 after buying an additional 13,876 shares in the last quarter. Martingale Asset Management L P boosted its position in CRA International by 82.5% in the fourth quarter. Martingale Asset Management L P now owns 50,923 shares of the company’s stock valued at $1,864,000 after buying an additional 23,023 shares in the last quarter. Finally, Emerald Acquisition Ltd. boosted its position in CRA International by 6.7% in the third quarter. Emerald Acquisition Ltd. now owns 125,188 shares of the company’s stock valued at $3,328,000 after buying an additional 7,873 shares in the last quarter. 85.44% of the stock is owned by institutional investors and hedge funds.
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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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