Short traders are more bullish on the company if you evaluate the change in short interest. The company realized a fall in short interest between August 31, 2017 and September 15, 2017 of -9.63%. Short shares decreased from 141,440 to 127,818 over that timeframe. With short interest at 127,818 and short average daily volume at 39,968, days to cover is 3.0 and the percentage of shorted shares was 0.02% on September 15.
A few notable investment firms have updated their holdings. As of the end of the quarter Pacific Ridge Capital Partners, LLC had disposed of 7,310 shares trimming its position 7.7%. The value of the investment in CRAI decreased from $3,335,000 to $3,163,000 a change of $172,000 since the last quarter. Alphaone Investment Services, LLC divested its position by selling 6,050 shares a decrease of 4.1% in the quarter. Alphaone Investment Services, LLC now controls 140,482 shares worth $5,101,000. The total value of its holdings decreased 1.5%.
Ubs Group Ag cut its stake by shedding 1,144 shares a decrease of 92.9%. Ubs Group Ag owns 88 shares valued at $3,000. The value of the position overall is down by 93.2%. As of quarter end Paradice Investment Management LLC had sold a total of 7,234 shares trimming its stake by 1.2%. The value in dollars went from $20,486,000 to $20,798,000 increasing 1.5% for the reporting period.
In the market the company is trading up by 0.07% percent from yesterday’s close. The company also recently declared a dividend that was paid on Fri Jun 16, 2017. The dividend was $0.140 per share for the quarter or $0.56 on an annualized basis. The dividend yield was $1.36. The ex-dividend date was set for Friday the 25th of August 2017.
Shares last traded at $42.60 slightly over the 50 day moving average of $39.00 and quite a bit above the 200 day moving average of $36.54. The 50 day moving average went up $3.60 or +9.23% whereas the 200 day average was up by +16.60%.
The P/E ratio is 30.52 and market capitalization is 350.34M. As of the last earnings report the EPS was $1.40 and is estimated to be $1.55 for the current year with 8,224,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $0.36 and the next full year EPS is projected to be $1.73.
CRA International, Inc., launched on February 19, 1965, is a global consulting firm. The Company provides economic, financial and management consulting services. The Company consulting services in two areas: litigation, regulatory, and financial consulting and management consulting. The Company advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guide corporations through business strategy and performance-related issues. It combines economic and financial analysis with litigation and regulatory support, business strategy and planning, market and demand forecasting, and policy analysis. It is retained in stakes matters, such as multibillion-dollar mergers and acquisitions, new product introductions, major strategy and capital investment decisions, and complex litigation. The Company provides consulting services to corporate clients and attorneys in a range of litigation and regulatory proceedings, providing research and analysis, testimony, and support in litigation and regulatory proceedings in all areas of finance, accounting, economics, insurance, and forensic accounting and investigations..