Charles River Laboratories International, Inc. (CRL)
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]
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 $210.73, which is an increase of 11.37% from the latest price.
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...
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...
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...
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...
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...
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...
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.
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.
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,...