FY2024 Earnings Estimate for CRA International, Inc. (NASDAQ:CRAI) Issued By Sidoti Csr

CRA International, Inc. (NASDAQ:CRAI) – Equities research analysts at Sidoti Csr boosted their FY2024 earnings per share (EPS) estimates for CRA International in a research report issued to clients and investors on Friday, May 3rd. Sidoti Csr analyst M. Riddick now forecasts that the business services provider will post earnings per share of $6.22 for the year, up from their previous forecast of $6.00. The consensus estimate for CRA International’s current full-year earnings is $5.99 per share.

CRA International (NASDAQ:CRAI) last issued its quarterly earnings results on Thursday, February 29th. The business services provider reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.53. CRA International had a return on equity of 20.80% and a net margin of 6.73%. The firm had revenue of $161.61 million during the quarter, compared to the consensus estimate of $149.51 million.

Separately, StockNews.com lowered shares of CRA International from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 3rd.

CRA International Stock Up 0.6 %

Shares of CRAI opened at $161.72 on Monday. CRA International has a 52-week low of $81.29 and a 52-week high of $163.85. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 26.42, a PEG ratio of 1.61 and a beta of 1.22. The business’s 50 day moving average is $144.42 and its two-hundred day moving average is $116.29.

CRA International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Tuesday, May 28th will be given a dividend of $0.42 per share. The ex-dividend date is Friday, May 24th. This represents a $1.68 annualized dividend and a dividend yield of 1.04%. CRA International’s payout ratio is 27.45%.

Insider Buying and Selling

In other CRA International news, CEO Paul A. Maleh sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $138.66, for a total transaction of $1,039,950.00. Following the sale, the chief executive officer now owns 170,280 shares in the company, valued at $23,611,024.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other CRA International news, CEO Paul A. Maleh sold 7,500 shares of CRA International stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $138.66, for a total value of $1,039,950.00. Following the completion of the transaction, the chief executive officer now owns 170,280 shares of the company’s stock, valued at $23,611,024.80. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Daniel K. Mahoney sold 1,000 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $138.31, for a total transaction of $138,310.00. Following the sale, the chief financial officer now owns 10,496 shares of the company’s stock, valued at approximately $1,451,701.76. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,750 shares of company stock worth $1,487,085. Corporate insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On CRA International

Large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets grew its holdings in shares of CRA International by 2.0% during the fourth quarter. BNP Paribas Financial Markets now owns 10,284 shares of the business services provider’s stock valued at $1,017,000 after purchasing an additional 206 shares during the last quarter. Bridge City Capital LLC boosted its position in CRA International by 4.9% during the 1st quarter. Bridge City Capital LLC now owns 4,810 shares of the business services provider’s stock valued at $719,000 after purchasing an additional 223 shares during the period. Harbor Capital Advisors Inc. grew its stake in CRA International by 12.7% during the 4th quarter. Harbor Capital Advisors Inc. now owns 4,615 shares of the business services provider’s stock worth $456,000 after buying an additional 519 shares during the last quarter. SG Americas Securities LLC acquired a new stake in CRA International in the first quarter worth $115,000. Finally, Isthmus Partners LLC lifted its stake in CRA International by 5.7% in the fourth quarter. Isthmus Partners LLC now owns 18,462 shares of the business services provider’s stock valued at $1,825,000 after buying an additional 989 shares during the last quarter. Institutional investors own 84.13% of the company’s stock.

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.