Worth Watching: What’s in CRA International, Inc. After Touching 52-Week High?

Worth Watching: What's in CRA International, Inc. After Touching 52 Week High?

The stock of CRA International, Inc. (NASDAQ:CRAI) hit a new 52-week high and has $33.91 target or 3.00% above today’s $32.92 share price. The 8 months bullish chart indicates low risk for the $268.87 million company. The 1-year high was reported on Nov, 29 by Barchart.com. If the $33.91 price target is reached, the company will be worth $8.07M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 24,097 shares traded hands. CRA International, Inc. (NASDAQ:CRAI) has risen 63.96% since April 26, 2016 and is uptrending. It has outperformed by 58.70% the S&P500.

Analysts await CRA International, Inc. (NASDAQ:CRAI) to report earnings on February, 16. They expect $0.22 EPS, up 633.33% or $0.19 from last year’s $0.03 per share. CRAI’s profit will be $1.80 million for 37.41 P/E if the $0.22 EPS becomes a reality. After $0.39 actual EPS reported by CRA International, Inc. for the previous quarter, Wall Street now forecasts -43.59% 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 increased to 1.05 in 2016 Q2. Its up 0.43, from 0.62 in 2016Q1. The ratio improved, 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.
Walleye Trading Limited Company, a Minnesota-based fund reported 4,600 shares. Paradice Inv Ltd Liability Company has 860,360 shares for 2.6% of their US portfolio. Pacific Ridge Capital Prtn Limited Liability Company accumulated 1.46% or 127,730 shares. Tiaa Cref Mngmt Limited Com holds 0% or 45,498 shares in its portfolio. Goldman Sachs Gp holds 0% of its portfolio in CRA International, Inc. (NASDAQ:CRAI) for 23,743 shares. Rice Hall James & Assoc Limited Liability reported 74,782 shares or 0.11% of all its holdings. Northern Trust Corp holds 120,751 shares or 0% of its portfolio. Centaur Prtn Lp holds 3.1% or 85,000 shares in its portfolio. Pnc Svcs Gp, a Pennsylvania-based fund reported 84 shares. Morgan Stanley accumulated 0% or 11,053 shares. Oxford Asset Mgmt has 107,645 shares for 0.11% of their US portfolio. State Board Of Administration Of Florida Retirement System last reported 0% of its portfolio in the stock. Blackrock Fund Advisors last reported 226,687 shares in the company. Thomson Horstmann & Bryant accumulated 372,984 shares or 1.22% of the stock. Brown Brothers Harriman And has 0% invested in the company for 3,500 shares.

Insider Transactions: Since October 28, 2016, the stock had 0 insider buys, and 2 selling transactions for $288,586 net activity. Lowenstein Arnold J sold $227,807 worth of stock or 7,466 shares. The insider Holmes Chad M sold 2,088 shares worth $60,779.

More news for CRA International, Inc. (NASDAQ:CRAI) were recently published by: Quotes.Wsj.com, which released: “News CRA International Inc.CRAI” on February 11, 2011. Nasdaq.com‘s article titled: “CRA International,Inc. (CRAI) Ex-Dividend Date Scheduled for November 16, 2016” and published on November 15, 2016 is yet another important article.

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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