Stock Worth Mentioning Today: Will CRA International, Inc. Run Out of Steam Soon?

Stock Worth Mentioning Today: Will CRA International, Inc. Run Out of Steam Soon?

The stock of CRA International, Inc. (NASDAQ:CRAI) hit a new 52-week high and has $34.88 target or 8.00% above today’s $32.30 share price. The 7 months bullish chart indicates low risk for the $273.91 million company. The 1-year high was reported on Nov, 23 by Barchart.com. If the $34.88 price target is reached, the company will be worth $21.91 million 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 37,040 shares traded hands. CRA International, Inc. (NASDAQ:CRAI) has risen 58.76% since April 21, 2016 and is uptrending. It has outperformed by 53.43% 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 $1.87M for 36.70 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 Q2 2016. 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.
Needham Invest Management Limited Liability Co has invested 0.09% of its portfolio in CRA International, Inc. (NASDAQ:CRAI). Moreover, Blackrock Institutional Tru Co Na has 0% invested in CRA International, Inc. (NASDAQ:CRAI) for 298,161 shares. Bank & Trust Of Ny Mellon Corp holds 0% of its portfolio in CRA International, Inc. (NASDAQ:CRAI) for 69,820 shares. Euclidean Technologies Mngmt Llc holds 99,897 shares or 2.7% of its portfolio. Paradice Management Ltd Liability Company has 2.6% invested in the company for 860,360 shares. Parametric Portfolio Assoc Llc last reported 28,410 shares in the company. Centaur Capital Prtn L P last reported 85,000 shares in the company. Falcon Point Capital Ltd Liability last reported 35,877 shares in the company. Strs Ohio holds 0% of its portfolio in CRA International, Inc. (NASDAQ:CRAI) for 24,500 shares. Blackrock Group Ltd reported 6,920 shares or 0% of all its holdings. Dimensional Fund Advisors L P holds 0.01% or 576,411 shares in its portfolio. State Board Of Administration Of Florida Retirement System holds 0% of its portfolio in CRA International, Inc. (NASDAQ:CRAI) for 14,119 shares. Wells Fargo Mn reported 2,659 shares or 0% of all its holdings. Peak6 Invests L P holds 0% of its portfolio in CRA International, Inc. (NASDAQ:CRAI) for 15,731 shares. Blackrock Ltd Liability Co accumulated 4,510 shares or 0% of the stock.

Insider Transactions: Since October 28, 2016, the stock had 0 insider purchases, and 2 selling transactions for $288,586 net activity. Lowenstein Arnold J also sold $227,807 worth of CRA International, Inc. (NASDAQ:CRAI) shares. Holmes Chad M had sold 2,088 shares worth $60,779 on Friday, October 28.

More news for CRA International, Inc. (NASDAQ:CRAI) were recently published by: Streetinsider.com, which released: “Form 4 CRA INTERNATIONAL, INC. For: Nov 19 Filed by: Maleh Paul A” on November 23, 2016. Quotes.Wsj.com‘s article titled: “News CRA International Inc.CRAI” and published on February 11, 2011 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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