CRA International, Inc. (NASDAQ:CRAI - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $177.72 and traded as high as $190.27. CRA International shares last traded at $188.73, with a volume of 16,316 shares.
Wall Street Analyst Weigh In
CRAI has been the topic of a number of research reports. StockNews.com cut CRA International from a "buy" rating to a "hold" rating in a research note on Friday, November 1st. Barrington Research boosted their price target on shares of CRA International from $194.00 to $212.00 and gave the company an "outperform" rating in a research report on Friday, November 8th.
Check Out Our Latest Analysis on CRAI
CRA International Price Performance
The stock has a market capitalization of $1.28 billion, a P/E ratio of 30.60, a price-to-earnings-growth ratio of 1.64 and a beta of 1.13. The stock has a fifty day moving average price of $192.07 and a 200 day moving average price of $177.80.
CRA International (NASDAQ:CRAI - Get Free Report) last issued its earnings results on Thursday, October 31st. The business services provider reported $1.77 EPS for the quarter, topping the consensus estimate of $1.58 by $0.19. CRA International had a return on equity of 24.46% and a net margin of 6.41%. The business had revenue of $167.75 million during the quarter, compared to the consensus estimate of $166.83 million. During the same quarter last year, the company earned $1.13 EPS. Research analysts anticipate that CRA International, Inc. will post 7.15 earnings per share for the current year.
CRA International Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Tuesday, November 26th were issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date was Tuesday, November 26th. This is a positive change from CRA International's previous quarterly dividend of $0.42. CRA International's dividend payout ratio is 31.72%.
Insider Buying and Selling at CRA International
In other CRA International news, CEO Paul A. Maleh sold 7,500 shares of the firm's stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $191.55, for a total value of $1,436,625.00. Following the sale, the chief executive officer now owns 151,712 shares of the company's stock, valued at $29,060,433.60. This trade represents a 4.71 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 5.20% of the company's stock.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of CRAI. Bank of New York Mellon Corp grew its stake in CRA International by 2.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 61,153 shares of the business services provider's stock worth $10,532,000 after buying an additional 1,705 shares in the last quarter. Arkadios Wealth Advisors increased its stake in CRA International by 2.5% in the second quarter. Arkadios Wealth Advisors now owns 3,000 shares of the business services provider's stock valued at $517,000 after acquiring an additional 74 shares during the last quarter. Farther Finance Advisors LLC raised its position in CRA International by 13.6% during the second quarter. Farther Finance Advisors LLC now owns 3,280 shares of the business services provider's stock valued at $549,000 after purchasing an additional 393 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its stake in CRA International by 34.9% during the second quarter. Prime Capital Investment Advisors LLC now owns 9,870 shares of the business services provider's stock worth $1,700,000 after purchasing an additional 2,551 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of CRA International in the 2nd quarter worth about $221,000. 84.13% of the stock is currently owned by institutional investors.
CRA International Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider CRA International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CRA International wasn't on the list.
While CRA International currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
