Charles River Laboratories International, Inc. (CRL)

NYSE: CRL · Real-Time Price · USD
189.22
-1.52 (-0.80%)
Oct 7, 2024, 4:00 PM EDT - Market closed
-0.80%
Market Cap 9.77B
Revenue (ttm) 4.08B
Net Income (ttm) 431.79M
Shares Out 51.63M
EPS (ttm) 8.35
PE Ratio 22.66
Forward PE 18.70
Dividend n/a
Ex-Dividend Date n/a
Volume 728,360
Open 187.99
Previous Close 190.74
Day's Range 185.97 - 189.49
52-Week Range 161.65 - 275.00
Beta 1.36
Analysts Hold
Price Target 210.73 (+11.37%)
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]

Sector Healthcare
IPO Date Jun 23, 2000
Employees 21,800
Stock Exchange NYSE
Ticker Symbol CRL
Full Company Profile

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 Statements

Analyst Forecast

According to 13 analysts, the average rating for CRL stock is "Hold." The 12-month stock price forecast is $210.73, which is an increase of 11.37% from the latest price.

Price Target
$210.73
(11.37% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 days ago - Business Wire

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.

5 days ago - Business Wire

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...

18 days ago - Business Wire

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

19 days ago - GlobeNewsWire

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...

20 days ago - Business Wire

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 ...

4 weeks ago - Business Wire

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.

4 weeks ago - Business Wire

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...

7 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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.

2 months ago - Investopedia

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.

2 months ago - Benzinga

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...

2 months ago - Reuters

Charles River Laboratories Announces Second-Quarter 2024 Results

WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories issues its second-quarter 2024 financial results.

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Business Wire

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...

3 months ago - Business Wire

Charles River Laboratories Announces Strategic Lentiviral Vector Manufacturing Collaboration with Gates Institute at University of Colorado Anschutz Medical Campus

ROCKVILLE, Md.--(BUSINESS WIRE)--Charles River Laboratories International, Inc. (NYSE: CRL) and the Gates Institute at the University of Colorado Anschutz Medical Campus today announced a lentiviral v...

3 months ago - Business Wire

Charles River and Captain T Cell Announce Plasmid DNA and Viral Vector Manufacturing Alliance for Gene-Modified Cell Therapy

WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories International, Inc. (NYSE: CRL) and Captain T Cell, a spinoff from the renowned Max Delbrück Center Berlin, Germany, today announced a pl...

4 months ago - Business Wire

A.I. Impact On Biopharma: LLY, AMGN, TMO, CRL

The use of artificial intelligence across biopharma and life science tools and services is developing quickly. Will A.I. become a major disruptive technology in healthcare with the potential to signif...

Other symbols: LLYAMGNTMO
4 months ago - Schwab Network

Charles River Laboratories, in Collaboration With MatTek Corporation, Awarded Grant from the Foundation for Chemistry Research and Initiatives to Advance Research Alternatives

WILMINGTON, Mass.--(BUSINESS WIRE)---- $CRL #LIFEatCRL--Charles River announces an integrated program, funded by a $1.3 million grant, to develop an in vitro alternative to inhalation toxicology studi...

4 months ago - Business Wire

Charles River Laboratories Expands Access to CRADL® Contract Vivarium Space in Somerville

WILMINGTON, Mass.--(BUSINESS WIRE)---- $CRL #LIFEatCRL--Charles River announces the opening of a new CRADL® facility on Chestnut Street in Somerville, Massachusetts, an emerging life sciences hub.

4 months ago - Business Wire

Charles River Laboratories Announces Development of Nonclinical Virtual Control Groups with Sanofi to Reduce the Use of Animals in Research

WILMINGTON, Mass.--(BUSINESS WIRE)---- $CRL #LIFEatCRL--Charles River announces the launch of its Virtual Control Groups (VCG) initiative with Sanofi to reduce the use of animals in research.

4 months ago - Business Wire

Charles River Laboratories to Present at William Blair and Jefferies Conferences

WILMINGTON, Mass.--(BUSINESS WIRE)--Charles River Laboratories International, Inc. (NYSE: CRL) announced today that it will present at the William Blair 44th Annual Growth Stock Conference on Tuesday,...

4 months ago - Business Wire