CRA International (NASDAQ:CRAI) Given New $212.00 Price Target at Barrington Research

CRA International (NASDAQ:CRAI) had its price target hoisted by analysts at Barrington Research from $194.00 to $212.00 in a report released on Friday,Benzinga reports. The firm presently has an “outperform” rating on the business services provider’s stock. Barrington Research’s price target suggests a potential upside of 4.59% from the company’s previous close.

Separately, StockNews.com downgraded shares of CRA International from a “buy” rating to a “hold” rating in a report on Friday, November 1st.

CRA International Trading Up 1.5 %

CRA International stock traded up $3.08 during midday trading on Friday, reaching $202.70. The stock had a trading volume of 2,779 shares, compared to its average volume of 37,655. The company has a fifty day moving average price of $177.92 and a two-hundred day moving average price of $171.11. CRA International has a 12 month low of $88.90 and a 12 month high of $208.38. The company has a market capitalization of $1.37 billion, a P/E ratio of 32.80, a PEG ratio of 1.66 and a beta of 1.13.

CRA International (NASDAQ:CRAI) last released its quarterly earnings data on Thursday, October 31st. The business services provider reported $1.77 EPS for the quarter, beating the consensus estimate of $1.58 by $0.19. CRA International had a return on equity of 24.46% and a net margin of 6.41%. The firm had revenue of $167.75 million during the quarter, compared to the consensus estimate of $166.83 million. During the same quarter in the previous year, the company posted $1.13 earnings per share. On average, equities research analysts predict that CRA International will post 7.03 earnings per share for the current fiscal year.

Insider Activity at CRA International

In other CRA International news, EVP Jonathan D. Yellin sold 1,250 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $158.26, for a total transaction of $197,825.00. Following the transaction, the executive vice president now directly owns 20,361 shares in the company, valued at approximately $3,222,331.86. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Paul A. Maleh sold 7,500 shares of the stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $158.33, for a total transaction of $1,187,475.00. Following the completion of the sale, the chief executive officer now directly owns 159,212 shares of the company’s stock, valued at approximately $25,208,035.96. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Jonathan D. Yellin sold 1,250 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $158.26, for a total value of $197,825.00. Following the completion of the transaction, the executive vice president now directly owns 20,361 shares in the company, valued at approximately $3,222,331.86. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 5.20% of the stock is owned by insiders.

Institutional Investors Weigh In On CRA International

A number of hedge funds have recently made changes to their positions in the business. Swedbank AB purchased a new stake in CRA International during the first quarter worth about $26,924,000. Bank of New York Mellon Corp raised its holdings in shares of CRA International by 2.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 61,153 shares of the business services provider’s stock worth $10,532,000 after purchasing an additional 1,705 shares during the period. Isthmus Partners LLC lifted its stake in CRA International by 55.3% in the first quarter. Isthmus Partners LLC now owns 28,675 shares of the business services provider’s stock valued at $4,289,000 after purchasing an additional 10,213 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in CRA International by 21.9% during the first quarter. Russell Investments Group Ltd. now owns 10,630 shares of the business services provider’s stock valued at $1,590,000 after purchasing an additional 1,912 shares during the period. Finally, Prime Capital Investment Advisors LLC increased its position in CRA International by 34.9% in the second quarter. Prime Capital Investment Advisors LLC now owns 9,870 shares of the business services provider’s stock worth $1,700,000 after buying an additional 2,551 shares during the last quarter. 84.13% of the stock is currently owned by institutional investors.

CRA International Company Profile

CRA International, Inc, together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues.