Charles River Associates (NASDAQ:CRAI – Free Report) – Analysts at Sidoti reduced their FY2026 EPS estimates for Charles River Associates in a research note issued to investors on Friday, May 8th. Sidoti analyst M. Riddick now anticipates that the business services provider will post earnings of $8.98 per share for the year, down from their prior forecast of $9.11. The consensus estimate for Charles River Associates’ current full-year earnings is $8.43 per share.
Other analysts have also recently issued research reports about the stock. Weiss Ratings cut shares of Charles River Associates from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Barrington Research reissued an “outperform” rating and set a $245.00 target price on shares of Charles River Associates in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Charles River Associates presently has a consensus rating of “Moderate Buy” and an average price target of $245.00.
Charles River Associates Stock Up 4.9%
CRAI stock opened at $146.40 on Tuesday. The stock has a market capitalization of $945.74 million, a P/E ratio of 20.33, a P/E/G ratio of 1.03 and a beta of 0.75. The firm has a 50-day simple moving average of $160.97 and a 200-day simple moving average of $179.42. Charles River Associates has a 52 week low of $134.47 and a 52 week high of $227.29.
Charles River Associates (NASDAQ:CRAI – Get Free Report) last released its earnings results on Thursday, May 7th. The business services provider reported $1.99 EPS for the quarter, missing analysts’ consensus estimates of $2.02 by ($0.03). The company had revenue of $200.98 million for the quarter, compared to analysts’ expectations of $193.81 million. Charles River Associates had a return on equity of 26.02% and a net margin of 6.22%.
Institutional Trading of Charles River Associates
Large investors have recently bought and sold shares of the business. New York State Common Retirement Fund grew its stake in Charles River Associates by 154.3% during the 3rd quarter. New York State Common Retirement Fund now owns 5,995 shares of the business services provider’s stock valued at $1,250,000 after acquiring an additional 3,638 shares in the last quarter. SG Americas Securities LLC grew its stake in Charles River Associates by 86.6% during the 1st quarter. SG Americas Securities LLC now owns 105,339 shares of the business services provider’s stock valued at $17,052,000 after acquiring an additional 48,892 shares in the last quarter. Entropy Technologies LP purchased a new stake in Charles River Associates during the 4th quarter valued at about $401,000. Kennedy Capital Management LLC grew its stake in Charles River Associates by 63.9% during the 3rd quarter. Kennedy Capital Management LLC now owns 6,410 shares of the business services provider’s stock valued at $1,337,000 after acquiring an additional 2,500 shares in the last quarter. Finally, Lazard Asset Management LLC purchased a new stake in Charles River Associates during the 2nd quarter valued at about $1,424,000. Hedge funds and other institutional investors own 84.13% of the company’s stock.
Insider Transactions at Charles River Associates
In related news, EVP Jonathan D. Yellin sold 2,250 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $182.27, for a total transaction of $410,107.50. Following the completion of the sale, the executive vice president owned 14,046 shares of the company’s stock, valued at approximately $2,560,164.42. This represents a 13.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 4.50% of the company’s stock.
Charles River Associates Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Tuesday, May 26th will be paid a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, May 26th. Charles River Associates’s dividend payout ratio is currently 31.67%.
Charles River Associates Company Profile
Charles River Associates (NASDAQ: CRAI) is a global consulting firm specializing in economic, financial and management advisory services. Founded in 1965 and headquartered in Boston, Massachusetts, the company provides expert analysis to support litigation, regulatory proceedings, and strategic decision-making. Its multidisciplinary teams draw on academic rigor and industry experience to deliver quantitative and qualitative insights tailored to clients’ needs.
The firm’s service offerings include competition economics, antitrust and merger analysis, intellectual property valuation and damages assessment, and risk management.
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