On Dec 29, Zacks Investment Research updated the research report on management services provider CRA International Inc. CRAI.
CRA International has a more robust service offering now than it had a year ago and an excellent professional team to deliver it. The key areas of focus for the company are – generating balanced and profitable growth across the organization, strengthening client relationships in two lines of business and simplifying internal processes.
The company is well positioned to deliver profitable growth through organic expansion and strategic acquisitions. CRA International remains focused on driving healthy organic growth by deepening client relationships and creating new revenue generating opportunities via natural extensions of its current offering. The company’s senior consultants are well equipped, with the vast majority holding advanced degrees and recognized as experts in their respective fields. These consultants help clients to solve complex problems.
At the same time, CRA International has been actively restructuring its business. Cost curtailment is on the cards by way of eliminating extra office space capacity, better rationalizing the remaining space and lowering administrative spending, particularly related to outside contractors and professional fees.
The company’s healthy financial position gives it the flexibility to pursue new hires and acquisitions that support its core offerings. The long-term goal of the company is to consistently deliver top-line growth in the mid-to-high single digits on an annualized basis. The company strives to generate a high level of repeat business from its existing clientele based on solid reputation and high quality of work.
In fact, CRA International views its employees and clients as the two main pillars of expansion. The company continues to invest in business development, client-facing activities and senior-level consultant recruitments. We are impressed with the continued efforts of this Zacks Rank #3 (Hold) stock to improve its growth trajectory.
However, some better-ranked players in the industry include Towers Watson & Co. TW, ServiceMaster Global Holdings, Inc. SERV and Kornit Digital, Ltd. KRNT, each carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment