Brokerages expect CRA International, Inc. (NASDAQ:CRAI) to announce $109.69 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for CRA International’s earnings. The lowest sales estimate is $108.10 million and the highest is $112.16 million. CRA International reported sales of $103.87 million in the same quarter last year, which indicates a positive year-over-year growth rate of 5.6%. The business is expected to report its next earnings results on Thursday, November 7th.

On average, analysts expect that CRA International will report full-year sales of $439.11 million for the current financial year, with estimates ranging from $435.70 million to $442.71 million. For the next year, analysts forecast that the company will post sales of $463.15 million, with estimates ranging from $457.30 million to $471.92 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that cover CRA International.

CRA International (NASDAQ:CRAI) last posted its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.02. CRA International had a net margin of 4.90% and a return on equity of 11.76%. The company had revenue of $110.60 million during the quarter, compared to analyst estimates of $110.95 million. During the same period in the prior year, the firm earned $0.67 earnings per share. The business’s quarterly revenue was up 4.8% on a year-over-year basis.

A number of research firms have commented on CRAI. TheStreet raised shares of CRA International from a “c+” rating to a “b-” rating in a research note on Tuesday, August 6th. Zacks Investment Research downgraded CRA International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 30th. ValuEngine downgraded CRA International from a “sell” rating to a “strong sell” rating in a report on Friday, May 3rd. Barrington Research reiterated a “buy” rating and issued a $53.00 target price on shares of CRA International in a report on Friday, August 2nd. Finally, BidaskClub upgraded CRA International from a “sell” rating to a “hold” rating in a report on Friday, June 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $49.50.

CRAI stock opened at $41.34 on Monday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.65. CRA International has a one year low of $34.24 and a one year high of $58.75. The stock has a market capitalization of $331.80 million, a price-to-earnings ratio of 15.03, a PEG ratio of 1.21 and a beta of 1.11. The firm’s 50-day moving average price is $39.84.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Tuesday, August 27th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, August 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.94%. CRA International’s payout ratio is presently 29.09%.

Several hedge funds and other institutional investors have recently modified their holdings of the business. Geode Capital Management LLC lifted its position in shares of CRA International by 10.0% in the fourth quarter. Geode Capital Management LLC now owns 91,300 shares of the business services provider’s stock worth $3,883,000 after purchasing an additional 8,274 shares in the last quarter. Metropolitan Life Insurance Co. NY lifted its position in shares of CRA International by 296.4% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 2,981 shares of the business services provider’s stock worth $127,000 after purchasing an additional 2,229 shares in the last quarter. Millennium Management LLC lifted its position in shares of CRA International by 10.2% in the fourth quarter. Millennium Management LLC now owns 79,507 shares of the business services provider’s stock worth $3,383,000 after purchasing an additional 7,370 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of CRA International by 360.8% in the first quarter. BNP Paribas Arbitrage SA now owns 1,645 shares of the business services provider’s stock worth $83,000 after purchasing an additional 1,288 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of CRA International in the first quarter worth approximately $116,000. 87.93% of the stock is owned by institutional investors.

About CRA International

CRA International, Inc, a consulting company, provides economic, financial, and management consulting services in the United States, the United Kingdom, and internationally. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.

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Earnings History and Estimates for CRA International (NASDAQ:CRAI)

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