Price Action Don’t Lie: Is Buying CRA International, Inc. Here a Winning Strategy?

Price Action Don't Lie: Is Buying CRA International, Inc. Here a Winning Strategy?

The stock of CRA International, Inc. (NASDAQ:CRAI) is a huge mover today! About 67,075 shares traded hands or 115.47% up from the average. CRA International, Inc. (NASDAQ:CRAI) has risen 48.80% since March 29, 2016 and is uptrending. It has outperformed by 45.33% the S&P500.
The move comes after 8 months positive chart setup for the $272.51M company. It was reported on Oct, 31 by Barchart.com. We have $76.74 PT which if reached, will make NASDAQ:CRAI worth $392.41 million more.

Analysts await CRA International, Inc. (NASDAQ:CRAI) to report earnings on November, 3. They expect $0.32 earnings per share, 0.00% or $0.00 from last year’s $0.32 per share. CRAI’s profit will be $2.77 million for 24.57 P/E if the $0.32 EPS becomes a reality. After $0.40 actual earnings per share reported by CRA International, Inc. for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

According to Zacks Investment Research, “CRA International is an economics, finance, and business consulting firm that works with businesses, law firms, accounting firms, and governments in providing a wide range of services. CRA combines economic and financial analysis with expertise in litigation and regulatory support, business strategy and planning, market and demand forecasting, policy analysis, and engineering and technology management.”

Insitutional Activity: The institutional sentiment decreased to 0.62 in Q2 2016. Its down 0.63, from 1.25 in 2016Q1. The ratio is negative, as 14 funds sold all CRA International, Inc. shares owned while 38 reduced positions. 10 funds bought stakes while 22 increased positions. They now own 6.81 million shares or 8.41% less from 7.43 million shares in 2016Q1.
Centaur Cap Partners L P reported 85,000 shares or 3.1% of all its holdings. Thompson Siegel & Walmsley Limited Company holds 600 shares or 0% of its portfolio. Oxford Asset Management has 0.11% invested in the company for 107,645 shares. Brown Brothers Harriman & reported 3,500 shares or 0% of all its holdings. Acadian Asset Ltd Liability Corporation owns 90,545 shares or 0.01% of their US portfolio. Moreover, Brandes Inv Prtnrs Ltd Partnership has 0.04% invested in CRA International, Inc. (NASDAQ:CRAI) for 112,833 shares. Blackrock Fund last reported 0% of its portfolio in the stock. Legal & General Group Public Ltd Co has invested 0% of its portfolio in CRA International, Inc. (NASDAQ:CRAI). Kestrel Invest Management Corp accumulated 0.69% or 66,000 shares. Wells Fargo And Co Mn last reported 2,659 shares in the company. The Illinois-based Coe Capital Mngmt Ltd Liability Com has invested 0% in CRA International, Inc. (NASDAQ:CRAI). Moreover, D E Shaw And has 0% invested in CRA International, Inc. (NASDAQ:CRAI) for 70,172 shares. Wedge Cap Mgmt L Lp Nc has 0.01% invested in the company for 36,250 shares. Pnc Finance Svcs Group Incorporated last reported 0% of its portfolio in the stock. Bridgeway Management holds 167,400 shares or 0.07% of its portfolio.

Another recent and important CRA International, Inc. (NASDAQ:CRAI) news was published by Quotes.Wsj.com which published an article titled: “News CRA International Inc.CRAI” on February 11, 2011.

CRAI Company Profile

CRA International, Inc. (CRAI), incorporated on February 19, 1965, is a global consulting firm. The Firm provides economic, financial and management consulting services. It operates in two divisions: consulting services and NeuCo, Inc. (NeuCo). The Firm offers consulting services in areas, including litigation, regulatory and financial consulting, and management consulting. It provides consulting services to corporate clients and attorneys in a range of litigation and regulatory proceedings, providing research and analysis, testimony, and support in all areas of finance, accounting, economics, insurance, and forensic accounting and investigations. It also offers law firms, businesses, and government agencies services related to class certification, damages analysis, expert reports and testimony, regulatory analysis, strategy development, valuation of tangible and intangible assets, risk management and transaction support. The Firm offers services, such as performance improvement, corporate strategy and portfolio analysis, estimation of market demand, new product pricing strategies, valuation of intellectual property and other assets, assessment of competitors’ actions, and analysis of new sources of supply. The Company’s subsidiary, NeuCo, develops and markets a family of neural network software tools and application consulting services, which are focused on electric utilities. It caters to various industries, such as agriculture, banking and capital markets, chemicals, communications and media, consumer products, energy, entertainment and real estate.

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