Fintel reports that Barrington Research on May 12, 2023 reiterated Coverage of CRA International (NASDAQ: CRAI) a to overcome recommendation.
Analyst price forecast indicates 36.48% upside
By May 11, 2023, average one year price target For CRA International is 134.13. Forecasts range from a low of $131.30 to a high of $139.65. The average price target shows an upside of 36.48% from the latest closing price of 98.28.
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The estimated annual revenue for CRA International is ₹632MM, a growth of 6.24%. Estimated Annual Non-GAAP eps 6.19 is.
CRA International Declares $0.36 Dividend
On May 4, 2023, the company announced regular quarterly dividend $0.36 per share ($1.44 annualized). Shareholders of record through May 30, 2023 will receive the payment on June 9, 2023. Previously, the company paid $0.36 per share.
At the current share price of $98.28/share, the stock’s dividend yield is 1.47%.
Looking back five years and taking a sample every week, the average dividend yield has been 1.63%, with a low of 0.93%, and a high of 3.53%. The standard deviation of the yield is 0.44 (n=237).
The current dividend yield is 0.37 standard deviations below the historical average.
Additionally, the company has a dividend payout ratio of 0.25. The payout ratio tells us how much of a company’s earnings is paid out in dividends. A payout ratio of one (1.0) means that 100% of the company’s earnings are paid out in dividends. A payout ratio greater than one means the company is dipping into savings to maintain its dividend — not a healthy situation. Companies with some growth potential are expected to pay out most of their earnings in dividends, which typically have a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some of the earnings to invest in those growth prospects, which translates into a payout ratio of zero to 0.5.
The company’s 3-year dividend growth rate is 0.57%, indicating that it has increased its dividend over time.
What is Fund Sentiment?
there are 365 Reporting of Fund or Institution Positions In CRA International. This is an increase of 15 owners or 4.29% over the previous quarter. average portfolio weight of all funds 0.14% dedicated to CRAI, an increase of 25.02%. The total shares owned by the institutions increased by 3.51% to 7,079K shares in the last three months. put/call ratio The CRAI stands at 0.67, indicating a bullish outlook.
What are the other shareholders doing?
Neuberger Berman Group The company holds 543K shares representing 7.72% ownership. In its prior filing, the firm reported representing 312K shares. a hike 42.44%. Firm fell short of Its portfolio allocation in CRAI has increased by 26.09% as compared to the previous quarter.
NBGNX – Neuberger Berman Genesis Fund Investor Class The company holds 317K shares representing 4.51% ownership. In its prior filing, the firm reported representing 187K shares. a hike of 40.97%. Firm increased Its portfolio allocation in CRAI has increased by 72.50% as compared to the previous quarter.
Copeland Capital Management The company holds 306K shares representing 4.35% ownership. In its prior filing, the firm reported representing 278K shares. a hike of 8.88%. Firm increased Its portfolio allocation in CRAI stands at 86,126.69% as compared to the previous quarter.
Renaissance Technologies The company holds 293K shares representing 4.17% ownership. In its prior filing, the firm reported owning 288K shares, representing a hike of 1.57%. Firm fell short of Its portfolio allocation in CRAI has increased by 13.22% as compared to the previous quarter.
Phil The company holds 286K shares representing 4.07% ownership. In its prior filing, the firm reported representing 286K shares. fall short of 0.20%. Firm fell short of Its portfolio allocation in CRAI has increased by 52.35% as compared to the previous quarter.
CRA International Background Information
(This description is provided by the company.)
Charles Rivers Associates® is a leading global consulting firm specializing in economic, financial and management consulting services. CRA advises clients on economic and financial matters related to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance issues. Since 1965, clients have hired CRA for its unique combination of functional expertise and industry knowledge, and purposeful solutions to complex problems. Headquartered in Boston, CRA has offices around the world.
View All CRA International regulatory filing,
This story originally appeared on Fintail,
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