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CRAI

CRA InternationalNasdaqGS:CRAI Stock Report

Last Price

US$86.00

Market Cap

US$638.7m

7D

-2.8%

1Y

43.9%

Updated

22 Jan, 2022

Data

Company Financials +
CRAI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends2/6

CRAI Stock Overview

CRA International, Inc., a consulting company, provides economic, financial, and management consulting services in the United States, the United Kingdom, and internationally.

CRA International Competitors

IHS Markit

NYSE:INFO

US$46.9b

Leidos Holdings

NYSE:LDOS

US$12.9b

Booz Allen Hamilton Holding

NYSE:BAH

US$11.4b

CACI International

NYSE:CACI

US$6.3b

Price History & Performance

Summary of all time highs, changes and price drops for CRA International
Historical stock prices
Current Share PriceUS$86.00
52 Week HighUS$116.71
52 Week LowUS$52.09
Beta1.56
1 Month Change-6.78%
3 Month Change-20.57%
1 Year Change43.93%
3 Year Change105.20%
5 Year Change150.73%
Change since IPO271.89%

Recent News & Updates

Nov 23
Is Now The Time To Put CRA International (NASDAQ:CRAI) On Your Watchlist?

Is Now The Time To Put CRA International (NASDAQ:CRAI) On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

CRAIUS Professional ServicesUS Market
7D-2.8%-4.7%-6.1%
1Y43.9%1.0%4.2%

Return vs Industry: CRAI exceeded the US Professional Services industry which returned 1% over the past year.

Return vs Market: CRAI exceeded the US Market which returned 4.2% over the past year.

Price Volatility

Is CRAI's price volatile compared to industry and market?
CRAI volatility
CRAI Average Weekly Movement6.8%
Professional Services Industry Average Movement6.2%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: CRAI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CRAI's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965882Paul Malehhttps://www.crai.com

CRA International, Inc., a consulting company, provides economic, financial, and management consulting services in the United States, the United Kingdom, and internationally. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues. The company also offers consulting services, including research and analysis, expert testimony, and support in litigation and regulatory proceedings in the areas of finance, accounting, economics, insurance, and forensic accounting and investigations to corporate clients and attorneys.

CRA International Fundamentals Summary

How do CRA International's earnings and revenue compare to its market cap?
CRAI fundamental statistics
Market CapUS$638.73m
Earnings (TTM)US$39.55m
Revenue (TTM)US$568.59m

16.2x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRAI income statement (TTM)
RevenueUS$568.59m
Cost of RevenueUS$406.49m
Gross ProfitUS$162.10m
ExpensesUS$122.55m
EarningsUS$39.55m

Last Reported Earnings

Oct 02, 2021

Next Earnings Date

n/a

Earnings per share (EPS)5.32
Gross Margin28.51%
Net Profit Margin6.96%
Debt/Equity Ratio2.9%

How did CRAI perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

20%

Payout Ratio

Valuation

Is CRA International undervalued compared to its fair value and its price relative to the market?

41.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CRAI ($86) is trading below our estimate of fair value ($146.66)

Significantly Below Fair Value: CRAI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CRAI is good value based on its PE Ratio (16.2x) compared to the US Professional Services industry average (23.1x).

PE vs Market: CRAI is good value based on its PE Ratio (16.2x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: CRAI is poor value based on its PEG Ratio (51.1x)


Price to Book Ratio

PB vs Industry: CRAI is overvalued based on its PB Ratio (3.1x) compared to the US Professional Services industry average (2.6x).


Future Growth

How is CRA International forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

0.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CRAI's forecast earnings growth (0.3% per year) is below the savings rate (2%).

Earnings vs Market: CRAI's earnings (0.3% per year) are forecast to grow slower than the US market (12.9% per year).

High Growth Earnings: CRAI's earnings are forecast to grow, but not significantly.

Revenue vs Market: CRAI's revenue (4.1% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: CRAI's revenue (4.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CRAI's Return on Equity is forecast to be low in 3 years time (15.6%).


Past Performance

How has CRA International performed over the past 5 years?

25.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CRAI has high quality earnings.

Growing Profit Margin: CRAI's current net profit margins (7%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: CRAI's earnings have grown significantly by 25.2% per year over the past 5 years.

Accelerating Growth: CRAI's earnings growth over the past year (74.8%) exceeds its 5-year average (25.2% per year).

Earnings vs Industry: CRAI earnings growth over the past year (74.8%) exceeded the Professional Services industry 33.6%.


Return on Equity

High ROE: CRAI's Return on Equity (19.4%) is considered low.


Financial Health

How is CRA International's financial position?


Financial Position Analysis

Short Term Liabilities: CRAI's short term assets ($213.9M) exceed its short term liabilities ($182.1M).

Long Term Liabilities: CRAI's short term assets ($213.9M) exceed its long term liabilities ($143.6M).


Debt to Equity History and Analysis

Debt Level: CRAI has more cash than its total debt.

Reducing Debt: Insufficient data to determine if CRAI's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CRAI's debt is well covered by operating cash flow (1320.3%).

Interest Coverage: CRAI's interest payments on its debt are well covered by EBIT (55.1x coverage).


Balance Sheet


Dividend

What is CRA International current dividend yield, its reliability and sustainability?

1.44%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CRAI's dividend (1.44%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: CRAI's dividend (1.44%) is low compared to the top 25% of dividend payers in the US market (3.61%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CRAI has been paying a dividend for less than 10 years.

Growing Dividend: CRAI's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.8%), CRAI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.4yrs

Average management tenure


CEO

Paul Maleh (57 yo)

12.17yrs

Tenure

US$3,475,532

Compensation

Mr. Paul A. Maleh has been the Chief Executive Officer and President of CRA International Inc. (formerly known as Charles River Associates Inc.) since November 29, 2009 and has been its Chairman since July...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD3.48M) is above average for companies of similar size in the US market ($USD2.39M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CRAI's management team is seasoned and experienced (14.4 years average tenure).


Board Members

Experienced Board: CRAI's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CRAI insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CRA International, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: CRA International, Inc.
  • Ticker: CRAI
  • Exchange: NasdaqGS
  • Founded: 1965
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Implied Market Cap: US$638.729m
  • Shares outstanding: 7.43m
  • Website: https://www.crai.com

Number of Employees


Location

  • CRA International, Inc.
  • 200 Clarendon Street
  • Boston
  • Massachusetts
  • 02116-5092
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 23:09
End of Day Share Price2022/01/21 00:00
Earnings2021/10/02
Annual Earnings2021/01/02


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.