Sidoti Csr Expects Stronger Earnings for CRA International

CRA International, Inc. (NASDAQ:CRAI - Free Report) - Equities researchers at Sidoti Csr boosted their FY2025 EPS estimates for shares of CRA International in a research note issued to investors on Friday, May 2nd. Sidoti Csr analyst M. Riddick now forecasts that the business services provider will post earnings of $8.35 per share for the year, up from their prior forecast of $7.99. The consensus estimate for CRA International's current full-year earnings is $7.52 per share.

Separately, Barrington Research raised their price target on shares of CRA International from $212.00 to $224.00 and gave the company an "outperform" rating in a research report on Monday, February 24th.

CRA International Stock Down 0.8 %

CRAI stock traded down $1.43 during midday trading on Monday, reaching $183.99. 20,239 shares of the company's stock traded hands, compared to its average volume of 41,678. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 27.30, a P/E/G ratio of 1.75 and a beta of 0.87. The firm's fifty day moving average price is $172.02 and its 200-day moving average price is $183.79. CRA International has a 52 week low of $133.54 and a 52 week high of $214.01.

CRA International (NASDAQ:CRAI - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The business services provider reported $2.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.93 by $0.29. The company had revenue of $181.85 million for the quarter, compared to analysts' expectations of $176.63 million. CRA International had a net margin of 6.79% and a return on equity of 25.95%.

CRA International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Tuesday, May 27th will be issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date is Tuesday, May 27th. CRA International's dividend payout ratio is 26.45%.

Insider Transactions at CRA International

In related news, CFO Daniel K. Mahoney sold 1,000 shares of CRA International stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $185.80, for a total transaction of $185,800.00. Following the sale, the chief financial officer now directly owns 12,153 shares in the company, valued at approximately $2,258,027.40. This trade represents a 7.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Paul A. Maleh sold 7,500 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $176.28, for a total value of $1,322,100.00. Following the completion of the transaction, the chief executive officer now directly owns 142,022 shares in the company, valued at approximately $25,035,638.16. This represents a 5.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 20,850 shares of company stock worth $3,902,083 in the last quarter. 5.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CRA International

Hedge funds have recently made changes to their positions in the business. Ameriprise Financial Inc. purchased a new stake in CRA International during the fourth quarter worth about $249,000. KLP Kapitalforvaltning AS bought a new stake in shares of CRA International in the 4th quarter worth approximately $281,000. Harbor Capital Advisors Inc. raised its holdings in shares of CRA International by 4.8% in the 4th quarter. Harbor Capital Advisors Inc. now owns 3,245 shares of the business services provider's stock worth $607,000 after purchasing an additional 150 shares during the period. Farther Finance Advisors LLC lifted its stake in CRA International by 3.3% in the fourth quarter. Farther Finance Advisors LLC now owns 3,418 shares of the business services provider's stock valued at $640,000 after purchasing an additional 108 shares during the last quarter. Finally, Summit Global Investments bought a new position in CRA International during the fourth quarter valued at $656,000. 84.13% of the stock is currently owned by institutional investors.

CRA International Company Profile

CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.