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In the latest session, Charles River Laboratories International Inc. (NYSE: CRL) closed at $189.59 down -1.72% from its previous closing price of $192.90. In other words, the price has decreased by -$1.72 from its previous closing price. On the day, 0.86 million shares were traded. CRL stock price reached its highest trading level at $193.9 during the session, while it also had its lowest trading level at $189.41.
Ratios:
For a deeper understanding of Charles River Laboratories International Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 54.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.76.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on October 02, 2024, Downgraded its rating to Neutral and sets its target price to $215 from $250 previously.
On October 01, 2024, Citigroup Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $215 to $175.
Robert W. Baird Downgraded its Outperform to Neutral on August 08, 2024, whereas the target price for the stock was revised from $239 to $191.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 08 ’24 when LaPlume Joseph W sold 1,780 shares for $199.36 per share. The transaction valued at 354,861 led to the insider holds 22,521 shares of the business.
Joseph LaPlume bought 1,780 shares of CRL for $350,000 on Aug 08 ’24. On Aug 01 ’24, another insider, FOSTER JAMES C, who serves as the Chairman, President and CEO of the company, sold 25,000 shares for $250.00 each. As a result, the insider received 6,250,000 and left with 188,251 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRL now has a Market Capitalization of 9788663808 and an Enterprise Value of 12501001216. As of this moment, Charles’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.41, and their Forward P/E ratio for the next fiscal year is 17.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 3.066 whereas that against EBITDA is 13.036.
Stock Price History:
Over the past 52 weeks, CRL has reached a high of $275.00, while it has fallen to a 52-week low of $161.65. The 50-Day Moving Average of the stock is -7.93%, while the 200-Day Moving Average is calculated to be -15.51%.
Shares Statistics:
For the past three months, CRL has traded an average of 697.52K shares per day and 724120 over the past ten days. A total of 51.34M shares are outstanding, with a floating share count of 51.04M. Insiders hold about 1.15% of the company’s shares, while institutions hold 102.39% stake in the company. Shares short for CRL as of 1726185600 were 1887548 with a Short Ratio of 2.71, compared to 1723680000 on 1578396. Therefore, it implies a Short% of Shares Outstanding of 1887548 and a Short% of Float of 4.73.
