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

CRA International, Inc. (NASDAQ:CRAI) – Research analysts at William Blair upped their FY2024 EPS estimates for CRA International in a research note issued to 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 prior 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 released its earnings results on Thursday, February 29th. The business services provider reported $1.63 EPS for the quarter, beating the consensus estimate of $1.10 by $0.53. The firm had revenue of $161.61 million for 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 20.91%.

Separately, StockNews.com cut CRA International from a “strong-buy” rating to a “buy” rating in a research report on Friday.

CRA International Price Performance

Shares of NASDAQ:CRAI opened at $153.82 on Monday. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 1.63 and a beta of 1.22. CRA International has a 12 month low of $81.29 and a 12 month high of $162.99. The stock’s 50 day moving average price is $142.59 and its 200 day moving average price is $115.28.

Hedge Funds Weigh In On CRA International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Foundry Partners LLC boosted its position in shares of CRA International by 7.5% in the fourth 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 period. Spinnaker Trust purchased a new stake in CRA International in the 4th quarter worth about $1,953,000. Isthmus Partners LLC grew its stake in CRA International by 5.7% during the 4th quarter. Isthmus Partners LLC now owns 18,462 shares of the business services provider’s stock valued at $1,825,000 after acquiring an additional 989 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of CRA International by 2.0% in the 4th quarter. BNP Paribas Financial Markets now owns 10,284 shares of the business services provider’s stock valued at $1,017,000 after purchasing an additional 206 shares during the period. Finally, Dearborn Partners LLC increased its holdings in shares of CRA International by 46.2% in the 3rd quarter. Dearborn Partners LLC now owns 7,928 shares of the business services provider’s stock valued at $799,000 after purchasing an additional 2,504 shares during the period. 84.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at CRA International

In related news, CEO Paul A. Maleh sold 7,500 shares of the firm’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 transaction of $1,039,950.00. Following the completion of the sale, the chief executive officer now directly owns 170,280 shares in the company, valued at $23,611,024.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other CRA International news, CFO Daniel K. Mahoney sold 1,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $138.31, for a total value of $138,310.00. Following the completion of the transaction, the chief financial officer now directly owns 10,496 shares in the company, valued at $1,451,701.76. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Paul A. Maleh sold 7,500 shares of CRA International stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $138.66, for a total transaction of $1,039,950.00. Following the completion of the transaction, the chief executive officer now directly owns 170,280 shares in the company, valued at $23,611,024.80. The disclosure for this sale can be found here. Insiders have sold 10,750 shares of company stock valued at $1,487,085 in the last quarter. Insiders own 5.30% of the company’s stock.

CRA International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Tuesday, May 28th will be given a dividend of $0.42 per share. The ex-dividend date is Tuesday, May 28th. This represents a $1.68 annualized dividend and a dividend yield of 1.09%. CRA International’s dividend payout ratio (DPR) is 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.