CRA International,Inc. (NASDAQ:CRAI) declared a quarterly dividend on Wednesday, October 25th, Zacks reports. Stockholders of record on Tuesday, November 28th will be paid a dividend of 0.17 per share by the business services provider on Friday, December 15th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Monday, November 27th. This is an increase from CRA International,Inc.’s previous quarterly dividend of $0.14.
CRA International,Inc. (NASDAQ:CRAI) traded down $0.24 during mid-day trading on Thursday, reaching $44.89. The company had a trading volume of 32,667 shares, compared to its average volume of 43,753. CRA International,Inc. has a 12-month low of $31.77 and a 12-month high of $47.30. The firm has a market cap of $367.26, a PE ratio of 31.02 and a beta of 0.79.
CRA International,Inc. (NASDAQ:CRAI) last released its earnings results on Thursday, October 26th. The business services provider reported $0.41 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.03. The company had revenue of $91.30 million during the quarter, compared to analysts’ expectations of $90.36 million. CRA International,Inc. had a return on equity of 5.98% and a net margin of 3.39%. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period last year, the firm earned $0.39 EPS. equities analysts expect that CRA International,Inc. will post 1.56 earnings per share for the current year.
In related news, CFO Chad M. Holmes sold 1,700 shares of CRA International,Inc. stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $43.17, for a total value of $73,389.00. Following the sale, the chief financial officer now owns 11,055 shares of the company’s stock, valued at $477,244.35. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Rowland Moriarty sold 10,000 shares of CRA International,Inc. stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $46.10, for a total value of $461,000.00. Following the completion of the sale, the director now directly owns 38,471 shares in the company, valued at approximately $1,773,513.10. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,000 shares of company stock worth $1,108,417. Corporate insiders own 4.70% of the company’s stock.
Several research analysts have recently issued reports on the company. ValuEngine lowered CRA International,Inc. from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub lowered CRA International,Inc. from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Finally, Zacks Investment Research upgraded CRA International,Inc. from a “hold” rating to a “strong-buy” rating and set a $49.00 target price on the stock in a report on Monday, October 30th.
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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