In the past week, CRL stock has gone down by -6.99%, with a monthly decline of -4.63% and a quarterly plunge of -21.21%. The volatility ratio for the week is 2.64%, and the volatility levels for the last 30 days are 2.67% for Charles River Laboratories International Inc. The simple moving average for the last 20 days is -4.19% for CRL’s stock, with a simple moving average of -16.84% for the last 200 days.
Is It Worth Investing in Charles River Laboratories International Inc. (NYSE: CRL) Right Now?
The price-to-earnings ratio for Charles River Laboratories International Inc. (NYSE: CRL) is 21.74x, which is above its average ratio. Moreover, the 36-month beta value for CRL is 1.37. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 5 as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for CRL is 51.06M and currently, short sellers hold a 3.86% of that float. On October 24, 2024, CRL’s average trading volume was 744.26K shares.
CRL) stock’s latest price update
Charles River Laboratories International Inc. (NYSE: CRL) has experienced a decline in its stock price by -1.43 compared to its previous closing price of 186.63. However, the company has seen a fall of -6.99% in its stock price over the last five trading days. zacks.com reported 2024-10-22 that Growth across all businesses within the Manufacturing segment is likely to have contributed to Charles River’s Q3 revenues, offset by lower biopharmaceutical demand.
Analysts’ Opinion of CRL
Many brokerage firms have already submitted their reports for CRL stocks, with CLSA repeating the rating for CRL by listing it as a “Underperform.” The predicted price for CRL in the upcoming period, according to CLSA is $167 based on the research report published on October 23, 2024 of the current year 2024.
Evercore ISI gave a rating of “In-line” to CRL, setting the target price at $190 in the report published on October 07th of the current year.
CRL Trading at -6.31% from the 50-Day Moving Average
After a stumble in the market that brought CRL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.11% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 2.64%, as shares sank -6.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.78% lower at present.
During the last 5 trading sessions, CRL fell by -6.42%, which changed the moving average for the period of 200-days by -13.99% in comparison to the 20-day moving average, which settled at $192.06. In addition, Charles River Laboratories International Inc. saw -22.18% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CRL starting from LaPlume Joseph W, who sale 1,780 shares at the price of $199.36 back on Aug 08 ’24. After this action, LaPlume Joseph W now owns 22,521 shares of Charles River Laboratories International Inc., valued at $354,861 using the latest closing price.
Joseph LaPlume, the Officer of Charles River Laboratories International Inc., proposed sale 1,780 shares at $196.63 during a trade that took place back on Aug 08 ’24, which means that Joseph LaPlume is holding shares at $350,000 based on the most recent closing price.
Stock Fundamentals for CRL
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.34 for the gross margin
The net margin for Charles River Laboratories International Inc. stands at 0.11. The total capital return value is set at 0.09. Equity return is now at value 12.54, with 5.56 for asset returns.
Based on Charles River Laboratories International Inc. (CRL), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 4.42.
Currently, EBITDA for the company is 1.03 billion with net debt to EBITDA at 2.58. When we switch over and look at the enterprise to sales, we see a ratio of 2.96. The receivables turnover for the company is 5.35for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.58.
Conclusion
To wrap up, the performance of Charles River Laboratories International Inc. (CRL) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
