Equities Analysts Set Expectations for CRAI Q1 Earnings

Charles River Associates (NASDAQ:CRAI) – Sidoti issued their Q1 2028 earnings per share estimates for Charles River Associates in a report issued on Friday, November 6th. Sidoti analyst M. Riddick anticipates that the business services provider will earn $2.61 per share for the quarter. The consensus estimate for Charles River Associates’ current full-year earnings is $8.37 per share. Sidoti also issued estimates for Charles River Associates’ Q2 2028 earnings at $2.69 EPS, Q3 2028 earnings at $2.77 EPS and FY2028 earnings at $10.83 EPS.

Separately, Weiss Ratings raised Charles River Associates from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, September 25th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.00.

Charles River Associates Stock Down 0.1%

Shares of NASDAQ CRAI opened at $197.41 on Tuesday. Charles River Associates has a 52 week low of $132.17 and a 52 week high of $227.29. The business has a 50-day simple moving average of $177.31 and a two-hundred day simple moving average of $166.00. The company has a market cap of $1.24 billion, a P/E ratio of 24.74, a P/E/G ratio of 1.44 and a beta of 0.64.

Charles River Associates (NASDAQ:CRAI) last announced its quarterly earnings results on Thursday, November 5th. The business services provider reported $2.19 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.12. Charles River Associates had a return on equity of 27.31% and a net margin of 6.20%. The company had revenue of $214.92 million during the quarter, compared to analysts’ expectations of $199.04 million.

Charles River Associates Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Investors of record on Tuesday, November 24th will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Tuesday, November 24th. This is a boost from Charles River Associates’s previous quarterly dividend of $0.57. Charles River Associates’s dividend payout ratio is 28.57%.

Insiders Place Their Bets

In other news, EVP Jonathan Yellin sold 2,250 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $173.25, for a total transaction of $389,812.50. Following the transaction, the executive vice president directly owned 11,153 shares of the company’s stock, valued at approximately $1,932,257.25. This trade represents a 16.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Charles River Associates

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new position in Charles River Associates during the 2nd quarter worth approximately $91,500,000. Jupiter Topco LLC bought a new stake in Charles River Associates in the second quarter valued at approximately $19,965,000. Rice Hall James & Associates LLC purchased a new stake in shares of Charles River Associates during the second quarter valued at approximately $11,066,000. United Capital Financial Advisors LLC purchased a new stake in shares of Charles River Associates during the second quarter valued at approximately $5,959,000. Finally, Weber Capital Management LLC ADV purchased a new stake in shares of Charles River Associates during the second quarter valued at approximately $5,351,334. 84.13% of the stock is currently owned by hedge funds and other institutional investors.

About Charles River Associates

Charles River Associates, operating as CRA International, Inc, is a global consulting firm that provides economic, financial, and management consulting services. The company advises corporations, law firms, government agencies, and other organizations on complex business, legal, regulatory, and strategic matters.

CRA’s services include economic and financial analysis for litigation and regulatory proceedings, antitrust and competition consulting, corporate strategy, business performance improvement, and investigations.