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Charles River Laboratories International Inc. (CRL) stock has reached a new 52-week low, touching down at $160.73. This latest price point marks a significant downturn for the company, which has seen a -27.13% decline over the past year. InvestingPro analysis indicates the stock is currently in oversold territory, with four analysts recently revising their earnings expectations downward. Investors are closely monitoring the stock as it navigates through a challenging period, with market analysts scrutinizing the factors that could have contributed to this decline. Despite the current downturn, InvestingPro data shows the company maintains a "GOOD" overall financial health score, and analysis suggests the stock is currently undervalued. The 52-week low serves as a critical indicator for potential shifts in the company’s stock performance and investor sentiment. As Charles River Laboratories continues to adapt to the evolving market conditions, stakeholders are keenly awaiting the company’s strategic responses to this financial trough. Discover more valuable insights and 12+ additional ProTips with an InvestingPro subscription.
In other recent news, Charles River Laboratories is facing a series of challenges. S&P Global revised the company’s credit outlook to stable from positive due to weak 2025 guidance, with expected revenue decline and operating margin pressure. Analysts from William Blair, UBS, and TD Cowen have downgraded the company’s stock rating or cut the price target due to various concerns including revenue pressures, anticipated mid-term sales growth pressures, and uncertainty surrounding biotech funding for 2025.
Furthermore, the potential suspension of worldwide trade in wild monkeys from Cambodia, a key resource for Charles River, has raised concerns for the company’s revenue. Evercore ISI has noted that non-human primates are expected to contribute approximately $650 million to the company’s revenue by 2025. These are recent developments and investors should note that analysts maintain a consensus price target above current levels, suggesting potential upside despite near-term headwinds.
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