CRA International, Inc. (NASDAQ:CRAI) to Post Q1 2024 Earnings of $1.39 Per Share, William Blair Forecasts

CRA International, Inc. (NASDAQ:CRAIFree Report) – Equities research analysts at William Blair issued their Q1 2024 earnings per share estimates for CRA International in a research report issued on Monday, March 4th. William Blair analyst A. Nicholas anticipates that the business services provider will post earnings of $1.39 per share for the quarter. The consensus estimate for CRA International’s current full-year earnings is $5.33 per share. William Blair also issued estimates for CRA International’s Q2 2024 earnings at $1.52 EPS, Q3 2024 earnings at $1.43 EPS, Q4 2024 earnings at $1.60 EPS and FY2024 earnings at $5.94 EPS.

Separately, StockNews.com upgraded CRA International from a “buy” rating to a “strong-buy” rating in a report on Monday.

View Our Latest Stock Analysis on CRA International

CRA International Price Performance

CRA International stock opened at $135.99 on Wednesday. The stock’s 50 day moving average is $108.05 and its 200 day moving average is $102.92. The firm has a market cap of $946.49 million, a P/E ratio of 25.18, a P/E/G ratio of 2.01 and a beta of 1.21. CRA International has a one year low of $81.29 and a one year high of $141.89.

CRA International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 22nd. Shareholders of record on Tuesday, March 12th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Monday, March 11th. This represents a $1.68 dividend on an annualized basis and a yield of 1.24%. CRA International’s payout ratio is currently 31.11%.

Institutional Investors Weigh In On CRA International

A number of hedge funds have recently added to or reduced their stakes in the business. Neuberger Berman Group LLC increased its holdings in shares of CRA International by 1,301.5% during the third quarter. Neuberger Berman Group LLC now owns 55,218 shares of the business services provider’s stock valued at $4,900,000 after acquiring an additional 51,278 shares in the last quarter. Spinnaker Trust bought a new stake in shares of CRA International during the fourth quarter valued at approximately $1,953,000. Ancora Advisors LLC increased its holdings in shares of CRA International by 30.4% during the first quarter. Ancora Advisors LLC now owns 63,927 shares of the business services provider’s stock valued at $4,772,000 after acquiring an additional 14,889 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of CRA International by 17.7% during the first quarter. Ameriprise Financial Inc. now owns 50,537 shares of the business services provider’s stock valued at $5,465,000 after acquiring an additional 7,594 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of CRA International by 4,587.4% during the second quarter. Captrust Financial Advisors now owns 4,828 shares of the business services provider’s stock valued at $431,000 after acquiring an additional 4,725 shares in the last quarter. 86.59% of the stock is currently owned by institutional investors.

CRA International Company Profile

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CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services in the United States, the United Kingdom, and internationally. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.

Further Reading

Earnings History and Estimates for CRA International (NASDAQ:CRAI)

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