CRA International,Inc. (NASDAQ:CRAI) Earning Somewhat Favorable Press Coverage, Report Finds
News coverage about CRA International,Inc. (NASDAQ:CRAI) has been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. CRA International,Inc. earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 47.0068419701092 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of CRA International,Inc. (CRAI) traded down 2.49% during midday trading on Friday, hitting $36.48. 45,018 shares of the stock were exchanged. CRA International,Inc. has a one year low of $25.50 and a one year high of $40.00. The company has a market cap of $300.01 million, a price-to-earnings ratio of 26.13 and a beta of 0.78. The firm has a 50 day moving average of $36.42 and a 200-day moving average of $35.51.
CRA International,Inc. (NASDAQ:CRAI) last announced its quarterly earnings results on Thursday, July 27th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.07. The business had revenue of $93.56 million for the quarter, compared to the consensus estimate of $88.77 million. CRA International,Inc. had a return on equity of 5.89% and a net margin of 3.47%. The business’s revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the business posted $0.40 EPS. Equities analysts expect that CRA International,Inc. will post $1.55 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Tuesday, August 29th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Friday, August 25th. CRA International,Inc.’s dividend payout ratio (DPR) is 40.29%.
CRA International,Inc. announced that its Board of Directors has initiated a stock repurchase program on Thursday, May 4th that authorizes the company to repurchase $20.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to reacquire up to 6.2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.
A number of research firms have issued reports on CRAI. BidaskClub raised shares of CRA International,Inc. from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Zacks Investment Research raised shares of CRA International,Inc. from a “hold” rating to a “strong-buy” rating and set a $45.00 price target for the company in a research report on Monday, July 31st.
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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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