Charles River Laboratories International (NYSE:CRL – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 11.450-11.450 for the period, compared to the consensus earnings per share estimate of 11.330. The company issued revenue guidance of $3.9 billion-$3.9 billion, compared to the consensus revenue estimate of $3.9 billion.
Charles River Laboratories International Stock Performance
NYSE CRL opened at $295.30 on Friday. The company has a fifty day simple moving average of $269.08 and a 200 day simple moving average of $212.48. Charles River Laboratories International has a 12-month low of $144.26 and a 12-month high of $303.30. The company has a current ratio of 1.35, a quick ratio of 1.04 and a debt-to-equity ratio of 0.92. The company has a market cap of $14.10 billion, a P/E ratio of -60.89, a PEG ratio of 2.80 and a beta of 1.40.
Charles River Laboratories International (NYSE:CRL – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The medical research company reported $3.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.77 by $0.25. Charles River Laboratories International had a negative net margin of 5.96% and a positive return on equity of 15.75%. The firm had revenue of $1 billion during the quarter, compared to analysts’ expectations of $980.53 million. During the same period last year, the company earned $3.12 earnings per share. The business’s revenue was down 2.7% on a year-over-year basis. Charles River Laboratories International has set its FY 2026 guidance at 11.150-11.450 EPS. Sell-side analysts predict that Charles River Laboratories International will post 11.33 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Insider Activity at Charles River Laboratories International
In other Charles River Laboratories International news, Director Nancy C. Andrews sold 573 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $285.24, for a total value of $163,442.52. Following the completion of the sale, the director directly owned 1,438 shares of the company’s stock, valued at $410,175.12. This trade represents a 28.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Victoria Creamer sold 4,179 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $259.16, for a total value of $1,083,029.64. Following the completion of the sale, the executive vice president directly owned 30,051 shares of the company’s stock, valued at $7,788,017.16. This represents a 12.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 165,990 shares of company stock worth $42,606,388 over the last 90 days. Corporate insiders own 1.30% of the company’s stock.
Charles River Laboratories International News Roundup
Here are the key news stories impacting Charles River Laboratories International this week:
- Positive Sentiment: Charles River raised its fiscal 2026 adjusted EPS guidance to approximately $11.45, above the analyst consensus of $11.33. Revenue guidance of roughly $3.9 billion was reaffirmed and remains broadly in line with expectations. Charles River Laboratories Reaffirms Fiscal 2026 Guidance; Issues 2030 Growth Projections
- Positive Sentiment: The company unveiled 2030 growth targets at its Investor Day, giving investors a longer-term framework for revenue and earnings expansion. The targets, together with the improved 2026 earnings outlook, appear to have driven the positive market reaction. Charles River Laboratories Stock Rises After Unveiling 2030 Growth Targets
- Positive Sentiment: Reports characterized the Investor Day outlook as promising, with management emphasizing future growth opportunities and reaffirming confidence in the fiscal 2026 plan. CRL subsequently traded near its 52-week high, suggesting investors viewed the update as a catalyst for renewed optimism. Charles River rises on Investor Day on promising 2026 outlook
Charles River Laboratories International Company Profile
Charles River Laboratories International, Inc is a global provider of drug discovery, nonclinical development and laboratory services for pharmaceutical, biotechnology and medical device companies, as well as academic and government research institutions. The company supports customers throughout the development process, from early-stage research and target identification through preclinical testing and regulatory preparation.
Its offerings include research models and related products, discovery and development services, toxicology and safety assessment, efficacy testing, bioanalysis, and laboratory testing.
Further Reading
- Five stocks we like better than Charles River Laboratories International
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for Charles River Laboratories International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charles River Laboratories International and related companies with MarketBeat.com's FREE daily email newsletter.
