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Zacks Research Brokers Decrease Earnings Estimates for CRL

Charles River Laboratories International logo with Medical background
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Charles River Laboratories International, Inc. (NYSE:CRL - Free Report) - Research analysts at Zacks Research decreased their Q1 2025 earnings per share estimates for shares of Charles River Laboratories International in a research note issued on Wednesday, March 12th. Zacks Research analyst R. Department now forecasts that the medical research company will earn $2.08 per share for the quarter, down from their previous estimate of $3.10. The consensus estimate for Charles River Laboratories International's current full-year earnings is $9.36 per share. Zacks Research also issued estimates for Charles River Laboratories International's Q2 2025 earnings at $2.38 EPS, Q3 2025 earnings at $2.51 EPS, Q4 2025 earnings at $2.58 EPS, FY2025 earnings at $9.55 EPS, Q1 2026 earnings at $2.46 EPS, Q2 2026 earnings at $2.66 EPS, Q3 2026 earnings at $2.71 EPS, Q4 2026 earnings at $2.78 EPS and FY2026 earnings at $10.60 EPS.

Other equities research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. dropped their price target on Charles River Laboratories International from $175.00 to $165.00 and set a "neutral" rating on the stock in a research note on Thursday, February 20th. UBS Group restated a "neutral" rating and issued a $185.00 price target (down previously from $250.00) on shares of Charles River Laboratories International in a research note on Friday, January 17th. Morgan Stanley dropped their price target on Charles River Laboratories International from $220.00 to $184.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 5th. Barclays lowered their price objective on Charles River Laboratories International from $205.00 to $166.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 18th. Finally, Citigroup upgraded Charles River Laboratories International from a "sell" rating to a "neutral" rating and increased their price objective for the stock from $155.00 to $175.00 in a research report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, Charles River Laboratories International presently has an average rating of "Hold" and an average price target of $191.31.

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Read Our Latest Analysis on Charles River Laboratories International

Charles River Laboratories International Stock Performance

CRL traded down $8.20 during trading hours on Monday, reaching $165.68. The company's stock had a trading volume of 941,227 shares, compared to its average volume of 715,987. Charles River Laboratories International has a 52 week low of $150.79 and a 52 week high of $274.77. The company's 50-day moving average is $166.93 and its 200-day moving average is $184.11. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.14 and a current ratio of 1.41. The firm has a market cap of $8.47 billion, a PE ratio of 1,101.40, a price-to-earnings-growth ratio of 4.54 and a beta of 1.45.

Charles River Laboratories International (NYSE:CRL - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The medical research company reported $2.66 EPS for the quarter, beating the consensus estimate of $2.50 by $0.16. Charles River Laboratories International had a return on equity of 14.69% and a net margin of 0.52%. The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $983.63 million. During the same quarter in the prior year, the firm posted $2.46 EPS. The firm's revenue for the quarter was down 1.1% compared to the same quarter last year.

Institutional Investors Weigh In On Charles River Laboratories International

A number of hedge funds have recently added to or reduced their stakes in the business. Empirical Finance LLC increased its holdings in Charles River Laboratories International by 4.2% in the third quarter. Empirical Finance LLC now owns 1,310 shares of the medical research company's stock worth $258,000 after purchasing an additional 53 shares in the last quarter. Fiduciary Financial Group LLC increased its holdings in Charles River Laboratories International by 3.9% in the fourth quarter. Fiduciary Financial Group LLC now owns 1,665 shares of the medical research company's stock worth $310,000 after purchasing an additional 63 shares in the last quarter. Pinnacle Bancorp Inc. increased its holdings in Charles River Laboratories International by 52.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 190 shares of the medical research company's stock worth $35,000 after purchasing an additional 65 shares in the last quarter. M&T Bank Corp increased its holdings in Charles River Laboratories International by 3.4% in the third quarter. M&T Bank Corp now owns 2,001 shares of the medical research company's stock worth $394,000 after purchasing an additional 66 shares in the last quarter. Finally, Cornerstone Investment Partners LLC increased its holdings in Charles River Laboratories International by 3.7% in the fourth quarter. Cornerstone Investment Partners LLC now owns 1,940 shares of the medical research company's stock worth $358,000 after purchasing an additional 69 shares in the last quarter. 98.91% of the stock is currently owned by institutional investors.

Insider Activity at Charles River Laboratories International

In other news, COO Birgit Girshick purchased 1,514 shares of the business's stock in a transaction dated Thursday, February 20th. The shares were purchased at an average cost of $164.63 per share, with a total value of $249,249.82. Following the completion of the purchase, the chief operating officer now owns 55,058 shares of the company's stock, valued at $9,064,198.54. This trade represents a 2.83 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CEO James C. Foster purchased 6,075 shares of the business's stock in a transaction dated Thursday, February 20th. The shares were purchased at an average cost of $165.01 per share, for a total transaction of $1,002,435.75. Following the completion of the purchase, the chief executive officer now directly owns 183,639 shares of the company's stock, valued at approximately $30,302,271.39. This represents a 3.42 % increase in their position. The disclosure for this purchase can be found here. 1.30% of the stock is currently owned by insiders.

Charles River Laboratories International Company Profile

(Get Free Report)

Charles River Laboratories International, Inc provides drug discovery, non-clinical development, and safety testing services in the United States, Europe, Canada, the Asia Pacific, and internationally. It operates through three segments: Research Models and Services (RMS), Discovery and Safety Assessment (DSA), and Manufacturing Solutions (Manufacturing).

Further Reading

Earnings History and Estimates for Charles River Laboratories International (NYSE:CRL)

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