Charles River Laboratories International, Inc. (CRL)
Market Cap | 9.61B |
Revenue (ttm) | 4.06B |
Net Income (ttm) | 413.08M |
Shares Out | 51.14M |
EPS (ttm) | 8.00 |
PE Ratio | 23.48 |
Forward PE | 18.62 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 636,063 |
Open | 186.54 |
Previous Close | 186.10 |
Day's Range | 183.55 - 188.32 |
52-Week Range | 176.48 - 275.00 |
Beta | 1.38 |
Analysts | Hold |
Price Target | 212.09 (+12.87%) |
Earnings Date | Nov 6, 2024 |
About CRL
Charles River Laboratories International, Inc. provides drug discovery, non-clinical development, and safety testing services in the United States, Europe, Canada, the Asia Pacific, and internationally. It operates through three segments: Research Models and Services (RMS), Discovery and Safety Assessment (DSA), and Manufacturing Solutions (Manufacturing). The RMS segment produces and sells rodents, and purpose-bred rats and mice for use by researchers. This segment also provides a range of services to assist its clients in supporting the use o... [Read more]
Financial Performance
In 2023, CRL's revenue was $4.13 billion, an increase of 3.86% compared to the previous year's $3.98 billion. Earnings were $474.62 million, a decrease of -2.39%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for CRL stock is "Hold." The 12-month stock price forecast is $212.09, which is an increase of 12.87% from the latest price.
News
Charles River Laboratories to Present at UBS and Jefferies Conferences
WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories to Present at UBS and Jefferies Conferences.
Charles River Laboratories International, Inc. (CRL) Q3 2024 Earnings Call Transcript
Charles River Laboratories International, Inc. (NYSE:CRL) Q3 2024 Earnings Conference Call November 6, 2024 9:30 AM ET Company Participants Todd Spencer - Corporate Vice President of Investor Relatio...
Charles River Laboratories raises annual profit forecast on stabilizing biotech demand
Charles River Laboratories raised its full-year profit forecast after beating analysts' estimates for quarterly results as the contract research firm expects demand to stabilize from biotech clients f...
Charles River Laboratories Announces Third-Quarter 2024 Results
WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories issues its third-quarter 2024 financial results.
Charles River Launches New Retrogenix® Non-Human Protein Library
WILMINGTON, Mass.--(BUSINESS WIRE)---- $CRL #LIFEatCRL--Charles River launches the Retrogenix® Non-Human Protein Library to support assessment of off-target binding, de-risk studies & aid model select...
Charles River Laboratories Schedules Third-Quarter 2024 Earnings Release and Conference Call
WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories schedules third-quarter 2024 earnings release and conference call.
Operadora de Fondos Banorte Adopts Charles River's Cloud-Based Platform
BOSTON--(BUSINESS WIRE)--Banorte is now live on Charles River's cloud-based Investment Management Solution.
Charles River Provides Translational Expertise at Neuroscience 2024
WILMINGTON, Mass.--(BUSINESS WIRE)---- $CRL #LIFEatCRL--Charles River previews SfN 2024, including the latest developments in CNS research and innovative approaches to tackling neurodegenerative disor...
Charles River and Lundbeck Enter Agreement Utilizing AI-Powered Logica® to Advance the Discovery of Novel Drugs for Neurological Disease
WILMINGTON, Mass.--(BUSINESS WIRE)---- $CRL #LIFEatCRL--Charles River and Lundbeck enter agreement to utilize AI-powered Logica to advance the discovery of novel drugs for neurological disease.
Xspray Pharma Announces Positive FDA Meeting and Plans for Dasynoc NDA Resubmission
STOCKHOLM--(BUSINESS WIRE)--Xspray Pharma AB (publ) (Nasdaq Stockholm: XSPRAY), a pharmaceutical company leveraging its proprietary HyNap™ technology to develop enhanced cancer therapies, today announ...
Ori Biotech and Charles River Laboratories Collaborate to Accelerate Life-Saving Cell and Gene Therapy Development and Manufacturing
New Biological Data Released from IRO® Cell Therapy Manufacturing Platform New Biological Data Released from IRO® Cell Therapy Manufacturing Platform
Charles River Laboratories and CEBINA Announce Strategic Collaboration to Accelerate Cutting Edge Neuroscience Research
WILMINGTON, Mass. & VIENNA--(BUSINESS WIRE)---- $CRL #LIFEatCRL--Charles River announces strategic collaboration with CEBINA to accelerate neuroscience research, advancing innovative projects & techno...
Charles River and Insightec Announce Strategic Collaboration to Advance Therapeutic Development Utilizing Focused Ultrasound in Neuroscience
WILMINGTON, Mass. & MIAMI & HAIFA, Israel--(BUSINESS WIRE)---- $CRL #LIFEatCRL--Charles River and Insightec announce a strategic collaboration to provide access to a low-frequency ultrasound platform ...
Charles River Laboratories to Present at Baird and Morgan Stanley Conferences
WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories to Present at Baird and Morgan Stanley Conferences.
Charles River Laboratories: Changing Economics Reduces Compounding Ability (Rating Downgrade)
Charles River came in with another set of soft numbers, indicating a period of weaker business ahead for the company. Management is scaling back CapEx into the business and focusing on buybacks, sugge...
Charles River Laboratories: Q2, Cost Structure Streamlining (Rating Upgrade)
Weak biopharma market challenges persist, impacting CRL's revenue and bottom-line growth. Cost streamlining initiatives in place to generate $150 million in annualized cost savings by FY25. Growth pro...
Charles River Laboratories International Inc (CRL) Q2 2024 Earnings Call Transcript
Charles River Laboratories International Inc (NYSE:CRL) Q2 2024 Results Conference Call August 7, 2024 9:00 AM ET Company Participants Todd Spencer - Corporate Vice President of Investor Relations Ji...
Charles River Labs Says It Expects Sales To Fall, Sending Its Stock Tumbling
Shares of Charles River Laboratories (CRL) tumbled over 12% in intraday trading Wednesday after the company said it expects to post a decline in sales for the full fiscal year, instead of growth.
Charles River Laboratories Stock Sinks As It Warns Of Continued Biotech Demand Slump, Lowers Forecast
Charles River Laboratories International Inc CRL reported second-quarter 2024 revenue of $1.03 billion on Wednesday, a decrease of 3.2% year over year, beating the consensus of $1.024 billion.
Charles River cuts 2024 forecast as funding crunch among biotech clients persists
Charles River Laboratories trimmed its annual forecast on Thursday, as it no longer expects demand for its drug discovery and development services to improve in the second half of the year, sending it...
Charles River Laboratories Announces Second-Quarter 2024 Results
WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories issues its second-quarter 2024 financial results.
Charles River Collaborates with Patient Advocacy Group, FOXG1 Research Foundation to Advance Rare Disease Gene Therapy Development
WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories International, Inc. (NYSE: CRL) announced today a collaboration with the FOXG1 Research Foundation (FRF) highlighting the patient advocac...
Charles River Laboratories and Autobahn Labs Announce Collaborative Program to Accelerate Academic Drug Discovery
WILMINGTON, Mass. & SAN FRANCISCO--(BUSINESS WIRE)---- $CRL #LIFEatCRL--Charles River and Autobahn Labs announce collaborative program; Charles River CSO Justin Bryans joins Autobahn's Board of Direct...
Charles River Laboratories Schedules Second-Quarter 2024 Earnings Release and Conference Call
WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories schedules second-quarter 2024 earnings release and conference call for Wednesday, August 7th.
Charles River to Perform Plasmid Manufacturing for AAVantgarde
WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories International, Inc. (NYSE: CRL) and AAVantgarde today announced a contract development and manufacturing organization (CDMO) agreement to...