Wall Street analysts expect CACI International Inc (NYSE:CACI) to report $5.46 earnings per share (EPS) for the current quarter, according to Zacks. Six analysts have issued estimates for CACI International’s earnings. The highest EPS estimate is $6.02 and the lowest is $3.34. CACI International reported earnings of $3.68 per share in the same quarter last year, which indicates a positive year over year growth rate of 48.4%. The business is scheduled to report its next quarterly earnings report on Wednesday, August 11th.
On average, analysts expect that CACI International will report full-year earnings of $17.97 per share for the current financial year, with EPS estimates ranging from $15.14 to $18.55. For the next financial year, analysts expect that the business will post earnings of $16.75 per share, with EPS estimates ranging from $16.16 to $17.30. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for CACI International.
CACI International (NYSE:CACI) last posted its quarterly earnings results on Tuesday, April 20th. The information technology services provider reported $4.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.69 by $1.09. CACI International had a return on equity of 13.22% and a net margin of 5.97%. The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the company earned $3.16 EPS. The business’s revenue was up 5.9% compared to the same quarter last year.
CACI has been the topic of a number of recent research reports. Credit Suisse Group dropped their price target on CACI International from $296.00 to $288.00 and set an “outperform” rating on the stock in a research report on Friday, January 29th. Zacks Investment Research cut CACI International from a “buy” rating to a “hold” rating and set a $254.00 price objective for the company. in a research note on Monday, March 15th. Cowen restated a “buy” rating and set a $283.00 price objective on shares of CACI International in a research note on Friday, February 5th. Barclays upped their price objective on CACI International from $250.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday. Finally, Morgan Stanley upped their price objective on CACI International from $279.00 to $282.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 25th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $286.70.
In related news, insider Gregory R. Bradford acquired 2,275 shares of CACI International stock in a transaction that occurred on Tuesday, March 2nd. The shares were purchased at an average price of $219.29 per share, for a total transaction of $498,884.75. Following the completion of the transaction, the insider now owns 54,760 shares in the company, valued at approximately $12,008,320.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William S. Wallace sold 167 shares of CACI International stock in a transaction that occurred on Wednesday, February 10th. The stock was sold at an average price of $244.51, for a total value of $40,833.17. Following the transaction, the director now owns 10,387 shares in the company, valued at approximately $2,539,725.37. The disclosure for this sale can be found here. Insiders own 1.56% of the company’s stock.
Institutional investors have recently made changes to their positions in the stock. Thornburg Investment Management Inc. purchased a new stake in CACI International in the fourth quarter valued at $25,681,000. Hallmark Capital Management Inc. purchased a new stake in CACI International in the fourth quarter valued at $16,120,000. GW&K Investment Management LLC raised its position in CACI International by 17.7% in the fourth quarter. GW&K Investment Management LLC now owns 150,046 shares of the information technology services provider’s stock valued at $37,411,000 after purchasing an additional 22,586 shares during the period. Private Capital Advisors Inc. raised its position in CACI International by 89.5% in the fourth quarter. Private Capital Advisors Inc. now owns 39,273 shares of the information technology services provider’s stock valued at $9,792,000 after purchasing an additional 18,550 shares during the period. Finally, SG Americas Securities LLC raised its position in CACI International by 2,242.3% in the fourth quarter. SG Americas Securities LLC now owns 16,607 shares of the information technology services provider’s stock valued at $4,141,000 after purchasing an additional 15,898 shares during the period. Hedge funds and other institutional investors own 84.82% of the company’s stock.
Shares of CACI traded up $1.35 during midday trading on Tuesday, reaching $263.44. 194,033 shares of the stock were exchanged, compared to its average volume of 236,206. CACI International has a 52 week low of $190.16 and a 52 week high of $266.31. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.57. The company’s 50 day moving average is $251.62 and its two-hundred day moving average is $239.79. The company has a market capitalization of $6.20 billion, a P/E ratio of 19.34, a PEG ratio of 1.66 and a beta of 1.10.
CACI International Company Profile
CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions for financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.
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