Stock Tracker: Inside the Numbers for Charles River Laboratories International, Inc. (NYSE:CRL)

Investors have the ability to track Wall Street analyst opinions in order to assist with stock research. Analysts often provide Buy, Sell, or Hold recommendations ratings for companies that they cover. Taking a look at shares Charles River Laboratories International, Inc. (NYSE:CRL), we can see that 9 have rated the stock a Strong Buy or Buy, based on data provided by Zacks Research. Checking on the average broker rating, we note that the current score is 1.69. This recommendation score uses a 1 to 5 scale where a score of 1 would indicate a Buy rating, and a score of 5 would indicate a Sell recommendation. 

Stock market triumph can be just as much about learning how to minimize losses as it is about picking winning stocks. Not even the most seasoned professional investors are right all the time. Successful investors know how to act quickly and protect themselves from big losses. Sometimes those sure-fire stock picks don’t perform as planned. Being able to detach from any emotion that one might have to a certain stock can help with being able to cut and run when the time is right. Investors will often try to convince themselves that the research was correct and the stock will bounce back, but this can lead to extended losses and future portfolio disaster. Sometimes markets or individual stocks will move in a direction that nobody expected. Being able to take a punch and move on is what may keep investors from experiencing quick defeat in the stock market.

Individual investors might be looking at all the angles in order to concoct a winning plan for the next few quarters. The diligent investor is typically on the ball and ready to encounter any unforeseen market movements. Monitoring recent stock price activity on shares of Charles River Laboratories International, Inc. (NYSE:CRL) we have noted that the stock price has been trading near $144.21. Turning the focus to some historical price information, we note that the stock has moved 21.75% over the previous 12 weeks. Since the start of the year, we note that shares have seen a change of 27.42%. Over the last 4 weeks, shares have seen a change of 2.28%. Over the last 5 sessions, the stock has moved 0.22%. After a recent scan, we can see that the 52-week high is currently $148.55, and the 52-week low is presently $103.73.

Following shares of Charles River Laboratories International, Inc. (NYSE:CRL), we can see that the average consensus target price based on contributing analysts is currently $151.45. Wall Street analysts often provide price target projections on where they believe the stock will be headed in the future. Because price target projections are essentially the opinions of covering analysts, they have the ability to vary widely from one analyst to another. Navigating the equity markets can seem daunting at times. Finding ways to identify the important data can make a big difference in sustaining profits into the future. As we move closer to the end of the year, investors will be watching to see which way the momentum shifts and if stocks are still primed to go higher. Investors might choose to rely heavily on analyst research and corresponding target predictions, or they may choose to use them as a guide to supplement their own research.

Zooming in on the current quarter EPS consensus estimate for Charles River Laboratories International, Inc. (NYSE:CRL), we see that the current number is 1.58. This EPS estimate is using 13 Wall Street analysts polled by Zacks Research. Last quarter, the company stated a quarterly EPS of 1.49. Sell-side analysts have the task of examining companies and providing estimates relating to future results. These estimates carry a lot of weight on the Street, and earnings hits or misses revolve around these numbers. Sometimes these predictions are very close to the actual reported number, and other times they are not. Many investors will be closely watching which way analyst estimates are being adjusted right before earnings. This may provide some insight on how good or bad the numbers for the quarter are likely to be. Investors might want to take a look at their holdings after the earnings reports to make sure that nothing extremely out of the ordinary after combing through the results.

There are various types of investment philosophies that investors may choose to follow when approaching the stock market. Value investing involves searching for undervalued or bargain stocks that may eventually offer solid returns. Growth investors often buy companies that have highly promising growth potential. Some investors will choose to invest with a contrarian approach. This entails making investment decisions that are opposite of what the majority are doing, such as buying when everyone else is selling and vice-versa. Socially responsible investors may be searching for companies that subscribe to a high level of ethical or moral standards.  

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