FY2024 EPS Estimates for CRA International, Inc. Lifted by William Blair (NASDAQ:CRAI)

CRA International, Inc. (NASDAQ:CRAI) – Equities research analysts at William Blair upped their FY2024 earnings per share estimates for shares of CRA International in a research report issued to clients and investors on Thursday, May 2nd. William Blair analyst A. Nicholas now anticipates that the business services provider will post earnings of $6.13 per share for the year, up from their previous forecast of $5.94. The consensus estimate for CRA International’s current full-year earnings is $5.99 per share. William Blair also issued estimates for CRA International’s Q2 2025 earnings at $1.64 EPS, Q3 2025 earnings at $1.50 EPS, Q4 2025 earnings at $1.61 EPS and FY2025 earnings at $6.64 EPS.

CRA International (NASDAQ:CRAI) last announced its quarterly earnings data on Thursday, February 29th. The business services provider reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.53. The firm had revenue of $161.61 million during the quarter, compared to analysts’ expectations of $149.51 million. CRA International had a net margin of 6.73% and a return on equity of 20.80%.

Separately, StockNews.com downgraded CRA International from a “strong-buy” rating to a “buy” rating in a report on Friday, May 3rd.

CRA International Trading Up 0.6 %

CRA International stock opened at $161.72 on Monday. The firm has a market capitalization of $1.12 billion, a P/E ratio of 26.42, a P/E/G ratio of 1.61 and a beta of 1.22. CRA International has a twelve month low of $81.29 and a twelve month high of $163.85. The stock’s fifty day simple moving average is $144.42 and its 200-day simple moving average is $116.29.

Institutional Investors Weigh In On CRA International

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dearborn Partners LLC grew its holdings in shares of CRA International by 46.2% during the third quarter. Dearborn Partners LLC now owns 7,928 shares of the business services provider’s stock worth $799,000 after purchasing an additional 2,504 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of CRA International by 12.7% in the 4th quarter. Harbor Capital Advisors Inc. now owns 4,615 shares of the business services provider’s stock valued at $456,000 after purchasing an additional 519 shares during the period. Foundry Partners LLC grew its stake in CRA International by 7.5% during the 4th quarter. Foundry Partners LLC now owns 46,555 shares of the business services provider’s stock worth $4,602,000 after buying an additional 3,245 shares during the last quarter. Spinnaker Trust acquired a new position in CRA International during the fourth quarter worth approximately $1,953,000. Finally, BNP Paribas Financial Markets grew its position in shares of CRA International by 2.0% during the fourth quarter. BNP Paribas Financial Markets now owns 10,284 shares of the business services provider’s stock worth $1,017,000 after acquiring an additional 206 shares during the last quarter. 84.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CRA International

In related news, Director Thomas Aiken Avery sold 1,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $138.05, for a total transaction of $138,050.00. Following the completion of the transaction, the director now owns 15,504 shares in the company, valued at $2,140,327.20. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Director Thomas Aiken Avery sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $138.05, for a total transaction of $138,050.00. Following the completion of the sale, the director now owns 15,504 shares in the company, valued at $2,140,327.20. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Paul A. Maleh sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $138.66, for a total value of $1,039,950.00. Following the completion of the transaction, the chief executive officer now directly owns 170,280 shares of the company’s stock, valued at $23,611,024.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,750 shares of company stock valued at $1,487,085. Insiders own 5.30% of the company’s stock.

CRA International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Tuesday, May 28th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.04%. The ex-dividend date is Friday, May 24th. CRA International’s dividend payout ratio (DPR) is presently 27.45%.

About CRA International

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.