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Market Cap

US$557.8m

Last Updated

2021/04/19 23:18 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has CRA International's share price performed over time and what events caused price changes?


Latest Share Price and Events

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.


Market Performance


7 Day Return

2.5%

CRAI

1.6%

US Professional Services

1.3%

US Market


1 Year Return

123.3%

CRAI

42.7%

US Professional Services

53.8%

US Market

Return vs Industry: CRAI exceeded the US Professional Services industry which returned 42.7% over the past year.

Return vs Market: CRAI exceeded the US Market which returned 53.9% over the past year.


Shareholder returns

CRAIIndustryMarket
7 Day2.5%1.6%1.3%
30 Day6.9%6.7%5.1%
90 Day32.1%8.1%8.9%
1 Year127.9%123.3%43.9%42.7%56.6%53.8%
3 Year40.4%33.0%67.5%62.7%64.4%53.6%
5 Year319.7%288.5%140.1%123.3%120.4%95.7%

Long-Term Price Volatility Vs. Market

How volatile is CRA International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

34.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CRAI ($76.44) is trading below our estimate of fair value ($116.61)

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 (24.3x) compared to the US Professional Services industry average (29x).

PE vs Market: CRAI is poor value based on its PE Ratio (24.3x) compared to the US market (22.5x).


Price to Earnings Growth Ratio

PEG Ratio: CRAI is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: CRAI is good value based on its PB Ratio (2.8x) compared to the US Professional Services industry average (3.3x).


Future Growth

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

12.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CRAI's forecast earnings growth (12.6% per year) is above the savings rate (2%).

Earnings vs Market: CRAI's earnings (12.6% per year) are forecast to grow slower than the US market (18% per year).

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

Revenue vs Market: CRAI's revenue (6.3% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: CRAI's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CRAI's Return on Equity is forecast to be high in 3 years time


Past Performance

How has CRA International performed over the past 5 years?

23.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CRAI has high quality earnings.

Growing Profit Margin: CRAI's current net profit margins (4.8%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: CRAI's earnings have grown significantly by 23.5% per year over the past 5 years.

Accelerating Growth: CRAI's earnings growth over the past year (17.3%) is below its 5-year average (23.5% per year).

Earnings vs Industry: CRAI earnings growth over the past year (17.3%) exceeded the Professional Services industry 1.4%.


Return on Equity

High ROE: CRAI's Return on Equity (11.7%) is considered low.


Financial Health

How is CRA International's financial position?


Financial Position Analysis

Short Term Liabilities: CRAI's short term assets ($220.0M) exceed its short term liabilities ($200.1M).

Long Term Liabilities: CRAI's short term assets ($220.0M) exceed its long term liabilities ($149.4M).


Debt to Equity History and Analysis

Debt Level: CRAI is debt free.

Reducing Debt: CRAI has no debt compared to 5 years ago when its debt to equity ratio was 0.03%.

Debt Coverage: CRAI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CRAI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

1.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CRAI's dividend (1.36%) is higher than the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: CRAI's dividend (1.36%) is low compared to the top 25% of dividend payers in the US market (3.46%).


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 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.2%), 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?

15.3yrs

Average management tenure


CEO

Paul Maleh (56 yo)

11.42yrs

Tenure

US$3,329,742

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 ($USD3.33M) is above average for companies of similar size in the US market ($USD1.58M).

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 (15.3 years average tenure).


Board Members

Experienced Board: CRAI's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

CRA International, Inc.'s company bio, 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
  • Market Cap: US$557.793m
  • Shares outstanding: 7.30m
  • Website: https://www.crai.com

Number of Employees


Location

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

Listings


Biography

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...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 23:18
End of Day Share Price2021/04/19 00:00
Earnings2021/01/02
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.