News coverage about CRA International,Inc. (NASDAQ:CRAI) has been trending somewhat positive on Saturday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CRA International,Inc. earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 47.756090379364 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of research analysts have issued reports on the stock. BidaskClub upgraded shares of CRA International,Inc. from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Zacks Investment Research upgraded shares of CRA International,Inc. from a “hold” rating to a “strong-buy” rating and set a $45.00 price target on the stock in a research note on Monday, July 31st.
CRA International,Inc. (NASDAQ:CRAI) traded down 2.49% during mid-day trading on Friday, hitting $36.48. 45,018 shares of the stock were exchanged. The company has a 50 day moving average price of $36.42 and a 200 day moving average price of $35.51. CRA International,Inc. has a 52-week low of $25.50 and a 52-week high of $40.00. The firm has a market cap of $300.01 million, a price-to-earnings ratio of 26.13 and a beta of 0.78.
CRA International,Inc. (NASDAQ:CRAI) last released its quarterly earnings results on Thursday, July 27th. The business services provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.41 by $0.07. CRA International,Inc. had a net margin of 3.47% and a return on equity of 5.89%. The firm had revenue of $93.56 million during the quarter, compared to the consensus estimate of $88.77 million. During the same quarter in the prior year, the firm earned $0.40 EPS. CRA International,Inc.’s revenue for the quarter was up 13.3% on a year-over-year basis. On average, analysts anticipate that CRA International,Inc. will post $1.55 EPS for the current year.
CRA International,Inc. announced that its board has approved a stock repurchase plan on Thursday, May 4th that allows the company to repurchase $20.00 million in shares. This repurchase authorization allows the business services provider to reacquire up to 6.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Tuesday, August 29th will be given a $0.14 dividend. The ex-dividend date is Friday, August 25th. This represents a $0.56 annualized dividend and a yield of 1.54%. CRA International,Inc.’s dividend payout ratio (DPR) is 40.29%.
About CRA International,Inc.
CRA International, Inc is a global consulting firm. The Company provides economic, financial and management consulting services. The Company consulting services in two areas: litigation, regulatory, and financial consulting and management consulting. The Company provides services, such as economic capability, analyses and testimony in areas, such as Antitrust & Competition; Damages & Valuation; Financial Accounting & Valuation; Financial Economics; Forensic & Cyber Investigations; Insurance Economics; Intellectual Property; International Arbitration; Labor & Employment; Mergers & Acquisitions; Regulatory Economics & Compliance; Securities & Financial Markets, and Transfer Pricing.
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