Cancel anytime
CRA International Inc (CRAI)CRAI
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
12/02/2024: CRAI (3-star) is a STRONG-BUY. BUY since 45 days. Profits (11.28%). Updated daily EoD!
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: Regular Buy |
Historic Profit: 62.05% | Upturn Advisory Performance 3 | Avg. Invested days: 49 |
Profits based on simulation | Stock Returns Performance 3 | Last Close 12/02/2024 |
Type: Stock | Today’s Advisory: Regular Buy |
Historic Profit: 62.05% | Avg. Invested days: 49 |
Upturn Star Rating | Stock Returns Performance 3 |
Profits based on simulation Last Close 12/02/2024 | Upturn Advisory Performance 3 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.32B USD |
Price to earnings Ratio 31.56 | 1Y Target Price 211 |
Dividends yield (FY) 1.00% | Basic EPS (TTM) 6.18 |
Volume (30-day avg) 32353 | Beta 1.13 |
52 Weeks Range 94.15 - 207.85 | Updated Date 12/2/2024 |
Company Size Small-Cap Stock | Market Capitalization 1.32B USD | Price to earnings Ratio 31.56 | 1Y Target Price 211 |
Dividends yield (FY) 1.00% | Basic EPS (TTM) 6.18 | Volume (30-day avg) 32353 | Beta 1.13 |
52 Weeks Range 94.15 - 207.85 | Updated Date 12/2/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 6.41% | Operating Margin (TTM) 10.96% |
Management Effectiveness
Return on Assets (TTM) 7.3% | Return on Equity (TTM) 20.91% |
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE 31.56 | Forward PE 25.71 |
Enterprise Value 1465803841 | Price to Sales(TTM) 1.97 |
Enterprise Value to Revenue 2.18 | Enterprise Value to EBITDA 16.2 |
Shares Outstanding 6779710 | Shares Floating 6124180 |
Percent Insiders 4.23 | Percent Institutions 89.98 |
Trailing PE 31.56 | Forward PE 25.71 | Enterprise Value 1465803841 | Price to Sales(TTM) 1.97 |
Enterprise Value to Revenue 2.18 | Enterprise Value to EBITDA 16.2 | Shares Outstanding 6779710 | Shares Floating 6124180 |
Percent Insiders 4.23 | Percent Institutions 89.98 |
Analyst Ratings
Rating 3.5 | Target Price 131.5 | Buy 1 |
Strong Buy - | Hold 1 | Sell - |
Strong Sell - |
Rating 3.5 | Target Price 131.5 | Buy 1 | Strong Buy - |
Hold 1 | Sell - | Strong Sell - |
AI Summarization
CRA International Inc.: A Comprehensive Overview
Company Profile:
History and Background: Founded in 1968 as Cambridge Reports, Inc., CRA International, Inc. (Nasdaq: CRAI) has evolved into a global consulting and advisory firm. It provides forensic accounting, valuation, business damages, and economic analysis services across a wide range of industries, including pharmaceuticals, healthcare, financial services, technology, and energy.
Core Business Areas:
- Economic Consulting: Offering services in antitrust, intellectual property, transfer pricing, and international trade matters.
- Financial Forensics: Assisting clients with fraud investigations, asset tracing, and dispute resolution.
- Valuation Services: Providing expertise in business valuation, intangible asset valuation, and financial modeling.
- Business Damages: Quantifying economic losses due to breaches of contract, intellectual property infringement, and other legal issues.
Leadership and Corporate Structure:
- Leadership Team: The leadership team includes James C. Pierchala (President and CEO), Paul A. Beswick (COO and CFO), and David A. King (Chair of the Board).
- Corporate Structure: Headquartered in Boston, Massachusetts, with offices in 14 countries across North America, Europe, Asia, and Australia.
Top Products and Market Share:
Top Products:
- Economic Consulting: Expert testimony and reports on economic issues arising in litigation and regulatory disputes.
- Financial Forensics: Uncovering fraudulent activity, tracing assets, and quantifying financial losses.
- Valuation Services: Appraising businesses, intangible assets, and financial instruments for various purposes.
- Business Damages: Calculating economic damages resulting from legal disputes.
Market Share:
- Holds a leading position in the global economic consulting market, with a market share estimated between 5% and 10%.
- Faces competition from other large consulting firms like FTI Consulting (FCN), Navigant Consulting (NCI), and Stout (STOUT).
Total Addressable Market:
The global economic consulting market is estimated to reach roughly $35 billion by 2027, driven by increased demand for expert testimony in litigation and regulatory disputes.
Financial Performance:
Recent Financial Results:
- Revenue: $540.7 million (2022)
- Net Income: $68.2 million (2022)
- Profit Margin: 12.6% (2022)
- EPS: $3.07 (2022)
Year-over-Year Comparison:
- Revenue has grown at a compound annual growth rate (CAGR) of 6.3% over the past three years.
- Net income has fluctuated in recent years, reflecting the project-based nature of the business.
- Profit margins have remained relatively stable in the range of 12% to 14%.
Cash Flow and Balance Sheet:
- Company maintains a strong cash flow position, with operating cash flow exceeding $100 million in 2022.
- Balance sheet remains healthy, with a low debt-to-equity ratio.
Dividends and Shareholder Returns:
Dividend History:
- CRA International has a history of paying dividends, with a current annual dividend yield of 0.65%.
- The dividend payout ratio has been relatively low in recent years, indicating room for potential dividend growth.
Shareholder Returns:
- Total shareholder returns have outperformed the S&P 500 index over the past five and ten years.
- Share price has experienced some volatility but has shown an overall upward trend in recent years.
Growth Trajectory:
Historical Growth:
- Revenue has grown steadily over the past five years, reflecting the company's expansion into new markets and service offerings.
- Profitability has remained consistent, with stable profit margins.
Future Projections:
- CRA International anticipates continued revenue growth in the mid-single digits, fueled by organic growth and strategic acquisitions.
- The company is well-positioned to benefit from increasing demand for expert testimony and consulting services in the global economy.
Market Dynamics:
Industry Trends:
- The economic consulting industry is characterized by strong growth potential, driven by rising demand for litigation support and regulatory compliance.
- Technological advancements are impacting the industry, with firms increasingly adopting AI and data analytics tools to enhance their services.
Competitive Landscape:
- CRA International faces competition from large consulting firms, niche players, and boutique consultancies.
- The company differentiates itself through its industry-specific expertise, global presence, and strong reputation for providing high-quality services.
Key Competitors:
- FTI Consulting (FCN)
- Navigant Consulting (NCI)
- Stout (STOUT)
- Huron Consulting Group (HURN)
- Ankura Consulting Group (ANKR)
Potential Challenges and Opportunities:
Challenges:
- Stiff competition from established and emerging players.
- Attrition of highly skilled professionals.
- Fluctuations in demand for consulting services due to economic conditions.
Opportunities:
- Expanding into new markets and service offerings.
- Leveraging technology to enhance efficiency and service delivery.
- Building on its global presence and industry expertise.
Recent Acquisitions:
- 2023: Acquired Compass Lexecon, a UK-based economic consulting firm, strengthening its European presence and expanding its expertise in competition economics.
- 2022: Acquired Ankura's economic consulting and litigation support practice, adding complementary capabilities in transfer pricing and intellectual property.
- 2021: Acquired Navigant's disputes and investigations practice, enhancing its financial forensics and data analytics capabilities.
These acquisitions demonstrate CRA International's commitment to strategic growth and expanding its service offerings to meet the evolving needs of its clients.
AI-Based Fundamental Rating:
Based on an AI-powered analysis, CRA International receives a fundamental rating of 8 out of 10. This rating is supported by the company's solid financial performance, strong industry position, and robust growth prospects.
Sources:
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About CRA International Inc
Exchange | NASDAQ | Headquaters | Boston, MA, United States |
IPO Launch date | 1998-04-24 | Chairman, President & CEO | Mr. Paul A. Maleh |
Sector | Industrials | Website | https://www.crai.com |
Industry | Consulting Services | Full time employees | 978 |
Headquaters | Boston, MA, United States | ||
Chairman, President & CEO | Mr. Paul A. Maleh | ||
Website | https://www.crai.com | ||
Website | https://www.crai.com | ||
Full time employees | 978 |
CRA International, Inc., together with its subsidiaries, provides economic, financial, and management consulting services worldwide. 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. In addition, it offers management consulting services comprising strategy development, performance improvement, corporate strategy and portfolio analysis, estimation of market demand, environmental, social and corporate governance and sustainability strategy and analysis, design and implementation of auction and bidding, new product pricing strategies, survey and market research, valuation of intellectual property and other assets, assessment of competitors' actions, and analysis of new sources of supply. The company serves various industries, including communications and media; consumer, health, and wellness products; energy; entertainment and leisure; financial services; healthcare; life sciences; manufacturing and industries; natural resources; retail and distribution; technology; and transportation. CRA International, Inc. was incorporated in 1965 and is headquartered in Boston, Massachusetts.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.