CRA International,Inc. (NASDAQ:CRAI) declared a quarterly dividend on Wednesday, October 25th, Zacks reports. Stockholders of record on Tuesday, November 28th will be given a dividend of 0.17 per share by the business services provider on Friday, December 15th. This represents a $0.68 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend is Monday, November 27th. This is a boost from CRA International,Inc.’s previous quarterly dividend of $0.14.
Shares of CRA International,Inc. (NASDAQ CRAI) traded down $0.24 during midday trading on Thursday, hitting $44.89. The stock had a trading volume of 32,667 shares, compared to its average volume of 43,753. The firm has a market capitalization of $367.26, a P/E ratio of 31.02 and a beta of 0.79. CRA International,Inc. has a fifty-two week low of $31.77 and a fifty-two week high of $47.30.
CRA International,Inc. (NASDAQ:CRAI) last issued its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.41 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.03. The business had revenue of $91.30 million during the quarter, compared to the consensus estimate 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 was up 11.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.39 earnings per share. analysts forecast that CRA International,Inc. will post 1.56 earnings per share for the current year.
In other CRA International,Inc. news, Director Rowland Moriarty sold 10,000 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $46.10, for a total transaction of $461,000.00. Following the sale, the director now directly owns 38,471 shares of the company’s stock, valued at approximately $1,773,513.10. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Chad M. Holmes sold 1,700 shares of the business’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $43.17, for a total transaction of $73,389.00. Following the sale, the chief financial officer now directly owns 11,055 shares in the company, valued at $477,244.35. The disclosure for this sale can be found here. Insiders have sold a total of 25,000 shares of company stock valued at $1,108,417 in the last quarter. Insiders own 4.70% of the company’s stock.
A number of equities research analysts have weighed in on the company. ValuEngine downgraded CRA International,Inc. from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub downgraded CRA International,Inc. from a “strong-buy” rating to a “buy” rating in a research 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 for the company in a research report on Monday, October 30th.
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CRA International,Inc. Company Profile
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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