(CRAI) CRA International - Overview

Sector: Industrials | Industry: Consulting Services | Exchange: NASDAQ (USA) | Market Cap: 958m USD | Total Return: -20% in 12m

Economic Consulting, Litigation Support, Management Consulting, Expert Testimony
Total Rating 39
Safety 61
Buy Signal 0.07
Consulting Services
Industry Rotation: +11.0
Market Cap: 958M
Avg Turnover: 21.8M
Risk 3d forecast
Volatility31.7%
VaR 5th Pctl5.31%
VaR vs Median1.83%
Reward TTM
Sharpe Ratio-0.56
Rel. Str. IBD10.2
Rel. Str. Peer Group48.1
Character TTM
Beta0.388
Beta Downside0.677
Hurst Exponent0.562
Drawdowns 3y
Max DD38.12%
CAGR/Max DD0.50
CAGR/Mean DD1.94
EPS (Earnings per Share) EPS (Earnings per Share) of CRAI over the last years for every Quarter: "2021-03": 1.37, "2021-06": 1.53, "2021-09": 1.44, "2021-12": 1.14, "2022-03": 1.53, "2022-06": 1.58, "2022-09": 1.64, "2022-12": 1.19, "2023-03": 1.29, "2023-06": 1.42, "2023-09": 1.13, "2023-12": 1.63, "2024-03": 1.96, "2024-06": 1.83, "2024-09": 1.77, "2024-12": 2.03, "2025-03": 2.22, "2025-06": 1.88, "2025-09": 2.06, "2025-12": 2.06, "2026-03": 1.99,
EPS CAGR: 20.16%
EPS Trend: 93.4%
Last SUE: -0.16
Qual. Beats: 0
Revenue Revenue of CRAI over the last years for every Quarter: 2021-03: 146.518, 2021-06: 148.237, 2021-09: 136.412, 2021-12: 134.766, 2022-03: 148.382, 2022-06: 149.102, 2022-09: 148.441, 2022-12: 144.976, 2023-03: 152.845, 2023-06: 161.965, 2023-09: 147.553, 2023-12: 161.613, 2024-03: 171.789, 2024-06: 171.442, 2024-09: 167.748, 2024-12: 176.435, 2025-03: 181.851, 2025-06: 186.878, 2025-09: 185.891, 2025-12: 196.963, 2026-03: 200.975,
Rev. CAGR: 9.32%
Rev. Trend: 99.7%
Last SUE: 2.13
Qual. Beats: 4

Warnings

No concerns identified

Tailwinds

Confidence, Garp

Description: CRAI CRA International

CRA International (CRAI) is a global consulting firm specializing in economic, financial, and management advisory services. The company provides data-driven research, expert testimony for litigation, and strategic guidance for regulatory proceedings across diverse sectors, including life sciences, energy, and financial services.

Operating within the specialized consulting industry, the business model relies heavily on the recruitment and retention of high-level subject matter experts and PhD-level economists. This professional services model typically benefits from counter-cyclical demand, as litigation and restructuring activity often increase during periods of economic volatility.

For a detailed analysis of the companys historical performance and valuation metrics, consider exploring the data available on ValueRay.

Headquartered in Boston and established in 1965, the firm supports corporate clients and legal counsel through forensic accounting, intellectual property valuation, and market demand estimation. Its broad industry reach allows it to mitigate exposure to downturns in any single market segment.

Headlines to Watch Out For
  • Rising demand for litigation and regulatory consulting services increases billable hours
  • Legal and regulatory complexity drives higher utilization rates for expert testimony
  • Expansion of life sciences and energy practices diversifies global revenue streams
  • Consultant recruitment and retention costs impact overall operating profit margins
  • Global economic uncertainty affects corporate spending on management and strategic consulting
Piotroski VR-10 (Strict) 6.5
Net Income: 47.9m TTM > 0 and > 6% of Revenue
FCF/TA: -0.03 > 0.02 and ΔFCF/TA -5.27 > 1.0
NWC/Revenue: -8.35% < 20% (prev 1.09%; Δ -9.44% < -1%)
CFO/TA -0.02 > 3% & CFO -11.5m > Net Income 47.9m
Net Debt (335.8m) to EBITDA (100.5m): 3.34 < 3
Current Ratio: 0.83 > 1.5 & < 3
Outstanding Shares: last quarter (6.59m) vs 12m ago -3.99% < -2%
Gross Margin: 27.15% > 18% (prev 0.31%; Δ 2.68k% > 0.5%)
Asset Turnover: 123.0% > 50% (prev 118.1%; Δ 4.90% > 0%)
Interest Coverage Ratio: 19.11 > 6 (EBITDA TTM 100.5m / Interest Expense TTM 3.92m)
Altman Z'' 1.64
A: -0.10 (Total Current Assets 316.5m - Total Current Liabilities 380.8m) / Total Assets 662.4m
B: 0.32 (Retained Earnings 209.2m / Total Assets 662.4m)
C: 0.12 (EBIT TTM 74.9m / Avg Total Assets 626.4m)
D: 0.43 (Book Value of Equity 198.4m / Total Liabilities 464.0m)
Altman-Z'' = 1.64 = BB
Beneish M -2.76
DSRI: 0.90 (Receivables 233.3m/234.8m, Revenue 770.7m/697.5m)
GMI: 1.13 (GM 27.15% / 30.58%)
AQI: 1.11 (AQ_t 0.36 / AQ_t-1 0.32)
SGI: 1.10 (Revenue 770.7m / 697.5m)
TATA: 0.09 (NI 47.9m - CFO -11.5m) / TA 662.4m)
Beneish M = -2.76 (Cap -4..+1) = A
What is the price of CRAI shares?

As of May 29, 2026, the stock is trading at USD 148.35 with a total of 140,856 shares traded.
Over the past week, the price has changed by +0.62%, over one month by -3.76%, over three months by -13.46% and over the past year by -19.96%.

Is CRAI a buy, sell or hold?

CRA International has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold CRAI.

  • StrongBuy: 0
  • Buy: 1
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CRAI price?
Analysts Target Price 252.5 70.2%
CRA International (CRAI) - Fundamental Data Overview as of 26 May 2026
Market Cap USD = 958.0m (958.0m USD * 1.0 USD.USD)
P/E Trailing = 20.5589
P/E Forward = 17.4216
P/S = 1.243
P/B = 4.8309
P/EG = 1.0884
Revenue TTM = 770.7m USD
EBIT TTM = 74.9m USD
EBITDA TTM = 100.5m USD
Long Term Debt = 70.9m USD (estimated: total debt 280.1m - short term 209.2m)
Short Term Debt = 209.2m USD (from shortTermDebt, last quarter)
Debt = 368.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 88.1m
Net Debt = 335.8m USD (calculated: Debt 368.3m - CCE 32.5m)
Enterprise Value = 1.29b USD (958.0m + Debt 368.3m - CCE 32.5m)
Interest Coverage Ratio = 19.11 (Ebit TTM 74.9m / Interest Expense TTM 3.92m)
EV/FCF = -76.04x (Enterprise Value 1.29b / FCF TTM -17.0m)
FCF Yield = -1.32% (FCF TTM -17.0m / Enterprise Value 1.29b)
FCF Margin = -2.21% (FCF TTM -17.0m / Revenue TTM 770.7m)
Net Margin = 6.22% (Net Income TTM 47.9m / Revenue TTM 770.7m)
Gross Margin = 27.15% ((Revenue TTM 770.7m - Cost of Revenue TTM 561.5m) / Revenue TTM)
Gross Margin QoQ = 26.15% (prev 24.06%)
Tobins Q-Ratio = 1.95 (Enterprise Value 1.29b / Total Assets 662.4m)
Interest Expense / Debt = 1.06% (Interest Expense 3.92m / Debt 368.3m)
Taxrate = 36.02% (6.27m / 17.4m)
NOPAT = 47.9m (EBIT 74.9m * (1 - 36.02%))
Current Ratio = 0.83 (Total Current Assets 316.5m / Total Current Liabilities 380.8m)
Debt / Equity = 1.86 (Debt 368.3m / totalStockholderEquity, last quarter 198.4m)
Debt / EBITDA = 3.34 (Net Debt 335.8m / EBITDA 100.5m)
 Debt / FCF = -19.73 (negative FCF - burning cash) (Net Debt 335.8m / FCF TTM -17.0m)
 Total Stockholder Equity = 202.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.65% (Net Income 47.9m / Total Assets 662.4m)
RoE = 23.64% (Net Income TTM 47.9m / Total Stockholder Equity 202.7m)
RoCE = 27.38% (EBIT 74.9m / Capital Employed (Equity 202.7m + L.T.Debt 70.9m))
RoIC = 10.45% (NOPAT 47.9m / Invested Capital 458.3m)
WACC = 5.50% (E(958.0m)/V(1.33b) * Re(7.35%) + D(368.3m)/V(1.33b) * Rd(1.06%) * (1-Tc(0.36)))
Discount Rate = 7.35% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -86.67 | Cagr: -3.01%
 [DCF] Fair Price = unknown (Cash Flow -17.0m)
 EPS Correlation: 93.41 | EPS CAGR: 20.16% | SUE: -0.16 | # QB: 0
Revenue Correlation: 99.67 | Revenue CAGR: 9.32% | SUE: 2.13 | # QB: 4
EPS current Quarter (2026-06-30): EPS=2.15 | Chg30d=+3.37% | Revisions=+33% | Analysts=3
EPS next Quarter (2026-09-30): EPS=2.19 | Chg30d=+2.65% | Revisions=+33% | Analysts=3
EPS current Year (2026-12-31): EPS=8.60 | Chg30d=+0.74% | Revisions=+14% | GrowthEPS=+4.5% | GrowthRev=+6.6%
EPS next Year (2027-12-31): EPS=9.63 | Chg30d=+1.44% | Revisions=+33% | GrowthEPS=+12.1% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: +33%