Sidoti Predicts Lower Earnings for Charles River Associates

Charles River Associates (NASDAQ:CRAI) – Equities research analysts at Sidoti lowered their FY2026 earnings per share estimates for Charles River Associates in a research note issued to investors on Friday, May 8th. Sidoti analyst M. Riddick now forecasts that the business services provider will earn $8.98 per share for the year, down from their prior estimate of $9.11. The consensus estimate for Charles River Associates’ current full-year earnings is $8.43 per share.

Charles River Associates (NASDAQ:CRAI) last announced its quarterly earnings data on Thursday, May 7th. The business services provider reported $1.99 earnings per share for the quarter, missing analysts’ consensus estimates of $2.02 by ($0.03). The firm had revenue of $200.98 million during the quarter, compared to analyst estimates of $193.81 million. Charles River Associates had a net margin of 6.22% and a return on equity of 26.02%.

CRAI has been the subject of a number of other reports. Barrington Research restated an “outperform” rating and set a $245.00 target price on shares of Charles River Associates in a research report on Monday, March 2nd. Weiss Ratings downgraded shares of Charles River Associates from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $245.00.

Charles River Associates Price Performance

NASDAQ CRAI opened at $146.40 on Tuesday. The company has a market capitalization of $945.74 million, a PE ratio of 20.33, a P/E/G ratio of 1.03 and a beta of 0.75. The company has a fifty day moving average of $160.97 and a 200 day moving average of $179.42. Charles River Associates has a 1 year low of $134.47 and a 1 year high of $227.29.

Charles River Associates Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Tuesday, May 26th will be issued a $0.57 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.28 dividend on an annualized basis and a yield of 1.6%. Charles River Associates’s payout ratio is presently 31.67%.

Insiders Place Their Bets

In other Charles River Associates news, EVP Jonathan D. Yellin sold 2,250 shares of Charles River Associates stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $182.27, for a total value of $410,107.50. Following the completion of the transaction, the executive vice president owned 14,046 shares of the company’s stock, valued at approximately $2,560,164.42. The trade was a 13.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kennedy Capital Management LLC increased its holdings in Charles River Associates by 1.2% in the fourth quarter. Kennedy Capital Management LLC now owns 6,489 shares of the business services provider’s stock valued at $1,302,000 after buying an additional 79 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in Charles River Associates by 3.1% in the fourth quarter. Arkadios Wealth Advisors now owns 4,388 shares of the business services provider’s stock valued at $881,000 after buying an additional 134 shares in the last quarter. Jones Financial Companies Lllp purchased a new position in Charles River Associates in the first quarter valued at $27,000. Quantbot Technologies LP increased its holdings in Charles River Associates by 2.6% in the third quarter. Quantbot Technologies LP now owns 7,675 shares of the business services provider’s stock valued at $1,600,000 after buying an additional 193 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in Charles River Associates by 8.2% in the fourth quarter. Russell Investments Group Ltd. now owns 4,180 shares of the business services provider’s stock valued at $839,000 after buying an additional 318 shares in the last quarter. Hedge funds and other institutional investors own 84.13% of the company’s stock.

About Charles River Associates

Charles River Associates (NASDAQ: CRAI) is a global consulting firm specializing in economic, financial and management advisory services. Founded in 1965 and headquartered in Boston, Massachusetts, the company provides expert analysis to support litigation, regulatory proceedings, and strategic decision-making. Its multidisciplinary teams draw on academic rigor and industry experience to deliver quantitative and qualitative insights tailored to clients’ needs.

The firm’s service offerings include competition economics, antitrust and merger analysis, intellectual property valuation and damages assessment, and risk management.