CRA International (NASDAQ:CRAI) Price Target Raised to $224.00

CRA International (NASDAQ:CRAI) had its target price lifted by Barrington Research from $212.00 to $224.00 in a report issued on Monday morning,Benzinga reports. They currently have an outperform rating on the business services provider’s stock. Barrington Research also issued estimates for CRA International’s Q1 2025 earnings at $1.99 EPS, Q2 2025 earnings at $1.77 EPS, Q3 2025 earnings at $1.91 EPS, Q4 2025 earnings at $2.23 EPS, FY2025 earnings at $7.90 EPS and FY2026 earnings at $8.47 EPS.

Separately, StockNews.com lowered CRA International from a “buy” rating to a “hold” rating in a research note on Friday, November 1st.

CRA International Trading Down 0.5 %

Shares of NASDAQ CRAI opened at $194.59 on Monday. CRA International has a 12 month low of $114.00 and a 12 month high of $214.01. The company has a market capitalization of $1.32 billion, a P/E ratio of 28.87, a P/E/G ratio of 1.75 and a beta of 1.13. The stock has a 50 day moving average of $187.72 and a 200-day moving average of $182.79.

CRA International (NASDAQ:CRAI) last posted its earnings results on Thursday, February 20th. The business services provider reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.44. CRA International had a return on equity of 25.95% and a net margin of 6.79%. The company had revenue of $176.44 million during the quarter, compared to the consensus estimate of $166.29 million. Analysts predict that CRA International will post 7.52 EPS for the current fiscal year.

CRA International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Tuesday, March 4th will be issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Tuesday, March 4th. CRA International’s payout ratio is 29.08%.

Insiders Place Their Bets

In other CRA International news, CEO Paul A. Maleh sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $199.37, for a total value of $398,740.00. Following the completion of the sale, the chief executive officer now owns 153,806 shares of the company’s stock, valued at approximately $30,664,302.22. This trade represents a 1.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Thomas Aiken Avery sold 1,000 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $199.05, for a total transaction of $199,050.00. Following the completion of the transaction, the director now directly owns 14,669 shares in the company, valued at $2,919,864.45. This trade represents a 6.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 5.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CRAI. Quantbot Technologies LP bought a new stake in CRA International during the third quarter worth $164,000. Ameriprise Financial Inc. bought a new position in shares of CRA International during the fourth quarter valued at about $249,000. KLP Kapitalforvaltning AS purchased a new stake in shares of CRA International during the fourth quarter worth about $281,000. Harbor Capital Advisors Inc. increased its position in CRA International by 2.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 3,095 shares of the business services provider’s stock valued at $543,000 after purchasing an additional 86 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in shares of CRA International by 3.3% during the 4th quarter. Farther Finance Advisors LLC now owns 3,418 shares of the business services provider’s stock worth $640,000 after acquiring an additional 108 shares during the period. Hedge funds and other 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.