CRA INTERNATIONAL INC (CRAI)
Industrials · Economic and management consulting · NASDAQ
A leading economic and management consulting powerhouse specializing in high-stakes litigation support, regulatory analysis, and business strategy for Fortune 500 companies and top law firms worldwide.
What CRA INTERNATIONAL INC does
CRA International is a global economic and management consulting firm founded in 1965 that specializes in providing expert analysis for litigation, regulatory proceedings, and complex business strategy matters. The firm combines economic, financial, and forensic expertise with industry knowledge to help clients resolve high-stakes disputes, make critical business decisions, and navigate regulatory challenges. CRA serves corporate clients, law firms, and government agencies across multiple industries including financial services, healthcare, technology, energy, and manufacturing.
Themes: litigation support / expert testimony, regulatory consulting, business strategy / corporate performance, forensic accounting and investigations, antitrust / competition analysis, M&A advisory / transaction support, valuation services
Fundamentals
- Price$176.90 as of 2026-08-21 close
- Market cap$1.1B as of 2026-08-21
- 1-year return-7.5% 2025-08-21 close $191.34 → 2026-08-21 close $176.90
- P/E21.34 as of 2026-08-24
- Net margin+6.2% as of 2026-08-24
- Gross margin+29.0% as of 2026-08-24
- ROE+24.8% as of 2026-08-24
- Debt / equity1.20 as of 2026-08-24
- Revenue growth (YoY)+11.5% as of 2026-08-24
- Revenue CAGR (3y)+6.2% SEC XBRL
- Beta0.70 as of 2026-08-24
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +1.7%; at least 1 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How CRAI compares in its sector
- price-to-earnings ratiomiddle range 357 covered Industrials peers, as of 2026-08-24
- net profit marginmiddle range 457 covered Industrials peers, as of 2026-08-24
- operating marginmiddle range 457 covered Industrials peers, as of 2026-08-24
- gross marginmiddle range 455 covered Industrials peers, as of 2026-08-24
- return on equitytop 25% 460 covered Industrials peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 426 covered Industrials peers
- indicated dividend yieldmiddle range 267 covered Industrials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)middle range 414 covered Industrials peers, as of FY2026
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2026)
Covered by reported results. In FY2026, CRAI's dividend was covered by reported results (earnings payout 25%, free-cash-flow payout 75%). This describes past coverage, not a forecast.
- Earnings payout25% dividends / net income
- Free-cash-flow payout75% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2026 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How CRA INTERNATIONAL INC looks technically
CRA INTERNATIONAL INC (CRAI) is trading 3.1% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed below its 200-day average about 112 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 58, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 5 trading days ago. It is 22.2% below its highest point of the past year.
Trend
9
| Distance from the 200-day | it is trading 3.1% above its 200-day average, the long-term trend line — a longer-term uptrend | +3.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $162.73 | $162.73 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $171.51 | $171.51 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing low 9 calendar days ago — the swings before that are what the structure reading is measured on | 9 sessions |
| Wave structure | its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes below 161.11. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible upward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 112 trading days ago — a "death cross", a bearish long-term signal | 112 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 3.1% above | +3.1% |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 15, below the 25 that marks a real trend) | 15.1 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 58, neither overbought (above 70) nor oversold (below 30) | 58.5 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($161.11 to $182.30) — its "stochastic" reading is 75 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 74.5 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 13 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $227.29 | $227.29 |
|---|---|---|
| From the 52-week high | it is 22.2% below its 52-week high (its highest price of the past year) | -22.2% |
| Above the 52-week low | it is 33.5% above its 52-week low (its lowest price of the past year) | +33.5% |
| Below the 52-week high | it is 22.2% below its highest point of the past year | 22.2% |
| Since a 20-day breakout | it made a new 20-day low about 5 trading days ago | 5 sessions |
| Since a 55-day breakout | it made a new 55-day high about 18 trading days ago | 18 sessions |
| All-time high | its highest closing price on record is $227.29 (set on 2026-01-13) | $227.29 |
| Given back of the 52-week move | over the past year its closes ranged ($137.75 to $223.33), and it has recovered around half of its fall from last year’s high — 46% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $190.64 to $193.38. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 45.8% |
| From the all-time high | it is 22.2% below its all-time high | -22.2% |
| Nearest price level | it is trading 0.7% below a resistance level at $178.21 — a price it turned at six times since 2025-01-10, most recently on 2026-07-17. Since 2024-08-21 it has 5 such levels below the current price and 7 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.7% |
| All-time low | its lowest closing price on record is $13.41 (set on 2012-07-12) | $13.41 |
| Above the all-time low | it is 1219.2% above its all-time low | +1,219% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 38th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $7.12 between its high and its low — about 4.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $7.12 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $161.95 and $187.25 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $161.95 – $174.60 – $187.25 |
| Typical daily range (% of price) | its price moves about 4.0% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.0% |
| Stretch from the 200-day average | it is trading 0.8 daily ranges above its 200-day average price (3.2% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.8 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.70× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a doji | 6 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 6 sessions ago |
|---|---|---|
| Since a bearish engulfing | 5 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 5 sessions ago |
Price gaps
2
| Gap at the open | it opened on 2026-08-21 at essentially the same price it closed at the session before — no meaningful overnight gap | -0.1% |
|---|---|---|
| Gap filled | a 4.5% gap down opened on 2026-08-12 has been "filled" 7 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 7 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 4 sessions in a row, a +7.73% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 4 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 3.3 percentage points (the stock gained 5.6% while the market gained 2.3%) | +3.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 16.9 percentage points (the stock gained 20.0% while the market gained 3.1%) | +16.9% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 4.9 percentage points (the stock gained 6.2% while the market gained 11.1%) | -4.9% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 28.0 percentage points (the stock lost 7.5% while the market gained 20.5%) | -28.0% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: trading above its 200-day average, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, MACD momentum is negative, lagging the market over 6 months — these describe past price behaviour, not a forecast | 3 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 12% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thin, spanning 1.9% of the share price, which is taken to mean a barrier that gives way easily. | +11.8% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 7% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $164.89 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | +7.3% |
|---|---|---|
| Vs the average paid since it last reported | the price is 3% above the average price paid since it last reported on 2026-08-06 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $171.19 — a volume-weighted average of daily closes over 12 sessions, not a true tick-by-tick VWAP. | +3.3% |
Price levels it has turned at before
CRAI last closed at $176.90 on 2026-08-21. Since 2024-08-21 it has turned at 5 prices below its last close and 7 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $178.21 | Resistance | 0.7% above the last close | turned there six times · 2025-01-10 to 2026-07-17 |
| $172.99 | Support | 2.2% below the last close | turned there three times · 2025-06-11 to 2025-10-10 |
| $183.30 | Resistance | 3.6% above the last close | turned there five times · 2024-11-18 to 2025-06-03 |
| $168.45 | Support | 4.8% below the last close | turned there 8 times · 2024-08-30 to 2026-05-04 |
| $190.45 | Resistance | 7.7% above the last close | turned there four times · 2025-01-21 to 2025-09-08 |
| $154.99 | Support | 12.4% below the last close | turned there four times · 2024-09-11 to 2026-06-11 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes below $161.11.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $205.15 and $232.37 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close below $161.11.
This reading has stood for 3 trading days, since 2026-08-19.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Tested and reclaimed 200-day support · Pulled back from the 12-month high · trendless / choppy (low ADX) · Trading above the Ichimoku cloud · Near a resistance level (pressing into a price that has capped it before) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (2.50 mean, 1=Strong Buy…5=Strong Sell) — 2 analysts
- Mean price target$250.50 range $245.00 – $256.00
Analyst estimates, as of 2026-08-19. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for CRAI
- Consensus EPS estimate$2.07 next reporting period, as of 2026-08-19
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Dependence on key client relationships and repeat business; loss of major litigation matters or regulatory clients could significantly impact revenue","Competition from larger consulting firms and specialized litigation boutiques for high-stakes engagements and credentialed expert resources","Exposure to economic cycles and litigation trends; downturns may reduce corporate M&A activity and litigation volume, impacting consulting demand"]
What changed in the latest 10-Q
AI-assisted comparison of CRAI's 10-Q filed 2026-05-07 against the prior one filed 2025-10-30.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing discloses adoption of ASU 2025-06 on January 4, 2026 regarding internal-use software accounting (filed 2026-05-07)
- Newer filing provides results comparison for fiscal quarter ended April 4, 2026 vs. March 29, 2025 (filed 2026-05-07)
- Newer filing discloses increase in forgivable loan amortization 'including performance award amortization' of $10.2 million (filed 2026-05-07)
- Newer filing reports ETR of 36.0% for Q1 fiscal 2026, higher than prior year primarily due to nondeductible executive compensation, valuation allowance in foreign jurisdiction, and decreased tax benefit from share-based compensation (filed 2026-05-07)
- Newer filing discloses net income per diluted share of $1.69 for Q1 fiscal 2026 (filed 2026-05-07)
- Removed:
- Older filing's statement 'There are no recent accounting standards that impact the unaudited condensed consolidated financial statements' removed (filed 2025-10-30)
- Older filing's comparison results for fiscal quarter and year-to-date period ended September 27, 2025 vs. September 28, 2024 removed (filed 2025-10-30)
- Older filing's mention of 'FDII' (Foreign-Derived Intangible Income) deduction removed; replaced with 'Foreign-Derived Deduction Eligible Income deduction' in newer filing (filed 2026-05-07)
- Reworded:
- Forward-Looking Statements section: 'You can read these documents at www.sec.gov' changed to 'The SEC maintains a website that contains these documents, reports, proxy statements, information statements, and other information regarding issuers, such as us, that file electronically with the SEC at https://www.sec.gov' (filed 2026-05-07)
- Critical Accounting Policies reference date changed from 'December 28, 2024' to 'January 3, 2026' and 10-K filing date changed from 'February 20, 2025' to 'February 26, 2026' (filed 2026-05-07)
- Costs of Services explanation: 'client reimbursable indirect project expenses' in older filing changed to 'indirect project expenses' in newer filing (filed 2026-05-07)
- Selling, General and Administrative section header spacing corrected from 'Ad ministrative' to 'Ad ministrative' (both versions have spacing issue, consistent wording) (filed 2026-05-07)
- Notes:
- Older filing text for year-to-date comparison is truncated at 'Utilization increased to 76% for the fiscal year-to-date period ended Se', making full comparison of that section impossible
- The two filings compare different fiscal periods (Q1 fiscal 2026 vs. Q3 fiscal 2025), so direct line-item comparisons reflect different reporting periods
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 6 open-market sales by insiders in the last 90 days.
- Last 90 days0 buys · 6 sells ($1M) — 2 selling insiders
- Last 180 days0 buys · 9 sells ($1M) — 3 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-07-23. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about CRAI's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding CRAI as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 1,596,862
- Reported value $258,500,019
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 4 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
CRAI had 302,923 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
CRAI had 4.83% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 1.99 days to cover at the same settlement.
- Reported short interest (shares) 302,923
- Short interest (% of shares outstanding) 4.83%
- Prior settlement (shares) 294,404
- Reported change 2.89%
- Days to cover (reported) 1.99
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- McKinsey & Company
- Boston Consulting Group (BCG)
- Bain & Company
- Deloitte Consulting
- EY
- KPMG
- Analysis Group
- Cornerstone Research
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Frequently asked questions
What does CRA INTERNATIONAL INC (CRAI) do?
CRA International is a global economic and management consulting firm founded in 1965 that specializes in providing expert analysis for litigation, regulatory proceedings, and complex business strategy matters. The firm combines economic, financial, and forensic expertise with industry knowledge to help clients resolve high-stakes disputes, make critical business decisions, and navigate regulatory challenges.
What sector is CRA INTERNATIONAL INC (CRAI) in?
CRA INTERNATIONAL INC (CRAI) is classified in the Industrials sector. Its industry is Economic and management consulting. It trades on NASDAQ.
Does CRAI pay a dividend?
Yes — CRA INTERNATIONAL INC (CRAI) pays a dividend, with an indicated yield of about 1.73% and at least 1 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are CRA INTERNATIONAL INC's (CRAI) competitors?
Notable peers of CRA INTERNATIONAL INC (CRAI) include McKinsey & Company, Boston Consulting Group, Bain & Company, Deloitte Consulting and EY. This peer set is informational only — not financial advice.
Is CRA INTERNATIONAL INC (CRAI) overbought or oversold right now?
CRA INTERNATIONAL INC (CRAI) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 58, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on CRAI come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.