Brokerages expect CRA International, Inc. (NASDAQ:CRAI) to announce earnings of $0.63 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for CRA International’s earnings. The highest EPS estimate is $0.68 and the lowest is $0.57. CRA International reported earnings per share of $0.73 in the same quarter last year, which would suggest a negative year over year growth rate of 13.7%. The company is scheduled to issue its next quarterly earnings results on Thursday, August 6th.

According to Zacks, analysts expect that CRA International will report full year earnings of $2.69 per share for the current fiscal year, with EPS estimates ranging from $2.63 to $2.73. For the next fiscal year, analysts anticipate that the firm will report earnings of $3.05 per share, with EPS estimates ranging from $2.69 to $3.44. Zacks’ EPS averages are a mean average based on a survey of research firms that cover CRA International.

CRA International (NASDAQ:CRAI) last issued its quarterly earnings data on Thursday, April 30th. The business services provider reported $0.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.20. The business had revenue of $126.16 million during the quarter, compared to the consensus estimate of $116.20 million. CRA International had a net margin of 4.78% and a return on equity of 13.80%. The firm’s revenue was up 19.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.54 EPS.

Several equities analysts have recently issued reports on CRAI shares. Barrington Research reaffirmed a “buy” rating and set a $59.00 price target on shares of CRA International in a research note on Thursday, June 4th. TheStreet downgraded shares of CRA International from a “b-” rating to a “c+” rating in a research note on Thursday, April 2nd. ValuEngine downgraded shares of CRA International from a “hold” rating to a “sell” rating in a research note on Monday, May 4th. Zacks Investment Research downgraded shares of CRA International from a “buy” rating to a “hold” rating and set a $41.00 target price for the company. in a research note on Monday, June 15th. Finally, BidaskClub downgraded shares of CRA International from a “buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $50.00.

Shares of CRAI stock traded up $1.58 during trading hours on Thursday, hitting $39.50. 16,660 shares of the company’s stock traded hands, compared to its average volume of 36,803. The stock’s 50 day simple moving average is $39.31 and its 200 day simple moving average is $44.42. The stock has a market cap of $287.81 million, a PE ratio of 14.16, a price-to-earnings-growth ratio of 1.06 and a beta of 1.46. CRA International has a 12 month low of $21.96 and a 12 month high of $58.19. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.73.

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Tuesday, May 26th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date of this dividend was Friday, May 22nd. CRA International’s dividend payout ratio is presently 30.56%.

Large investors have recently bought and sold shares of the business. BNP Paribas Arbitrage SA grew its holdings in CRA International by 45.9% in the first quarter. BNP Paribas Arbitrage SA now owns 2,352 shares of the business services provider’s stock worth $79,000 after purchasing an additional 740 shares during the period. LSV Asset Management acquired a new stake in CRA International in the fourth quarter worth $288,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in CRA International by 53.8% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 7,575 shares of the business services provider’s stock worth $413,000 after purchasing an additional 2,650 shares during the period. Eagle Asset Management Inc. acquired a new stake in CRA International in the first quarter worth $1,012,000. Finally, Martingale Asset Management L P grew its holdings in CRA International by 4.3% in the fourth quarter. Martingale Asset Management L P now owns 26,703 shares of the business services provider’s stock worth $1,456,000 after purchasing an additional 1,100 shares during the period. Institutional investors and hedge funds own 85.05% of the company’s stock.

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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