CACI International (CACI) Scheduled to Post Earnings on Wednesday

CACI International (NYSE:CACIGet Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of $5.55 per share for the quarter. CACI International has set its FY24 guidance at $19.91-20.58 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

CACI International (NYSE:CACIGet Free Report) last announced its earnings results on Wednesday, January 24th. The information technology services provider reported $4.36 EPS for the quarter, missing the consensus estimate of $4.50 by ($0.14). CACI International had a return on equity of 13.65% and a net margin of 5.31%. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the previous year, the company posted $4.28 EPS. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. On average, analysts expect CACI International to post $20 EPS for the current fiscal year and $23 EPS for the next fiscal year.

CACI International Stock Up 1.5 %

Shares of CACI stock opened at $369.38 on Monday. The firm’s fifty day moving average price is $370.49 and its two-hundred day moving average price is $343.44. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.53. CACI International has a 1 year low of $293.69 and a 1 year high of $382.65. The firm has a market capitalization of $8.23 billion, a P/E ratio of 22.37, a PEG ratio of 1.84 and a beta of 0.89.

Insider Buying and Selling at CACI International

In other CACI International news, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction on Monday, February 12th. The shares were sold at an average price of $361.69, for a total transaction of $54,253.50. Following the completion of the transaction, the director now directly owns 6,446 shares of the company’s stock, valued at $2,331,453.74. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other CACI International news, Director Gregory G. Johnson sold 150 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $361.69, for a total value of $54,253.50. Following the transaction, the director now directly owns 6,446 shares of the company’s stock, valued at approximately $2,331,453.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP J William Koegel, Jr. sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total transaction of $188,740.00. Following the sale, the executive vice president now owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The disclosure for this sale can be found here. Insiders own 1.23% of the company’s stock.

Institutional Trading of CACI International

Institutional investors have recently added to or reduced their stakes in the company. Studio Investment Management LLC lifted its holdings in shares of CACI International by 3.0% during the fourth quarter. Studio Investment Management LLC now owns 1,534 shares of the information technology services provider’s stock worth $461,000 after buying an additional 44 shares in the last quarter. Putnam Investments LLC bought a new position in CACI International during the fourth quarter worth about $3,445,000. Amundi acquired a new stake in CACI International in the 4th quarter worth about $2,331,000. Campbell & CO Investment Adviser LLC bought a new stake in CACI International in the 4th quarter valued at about $463,000. Finally, Credit Suisse AG boosted its holdings in CACI International by 2.3% in the 4th quarter. Credit Suisse AG now owns 17,614 shares of the information technology services provider’s stock valued at $5,295,000 after purchasing an additional 400 shares during the period. 86.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CACI. Stifel Nicolaus raised CACI International from a “hold” rating to a “buy” rating and lifted their target price for the company from $365.00 to $380.00 in a research report on Friday, January 5th. Robert W. Baird boosted their price target on CACI International from $370.00 to $464.00 and gave the stock an “outperform” rating in a research report on Monday, April 8th. JPMorgan Chase & Co. upped their price objective on CACI International from $375.00 to $383.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 6th. Jefferies Financial Group cut shares of CACI International from a “buy” rating to a “hold” rating and decreased their target price for the company from $375.00 to $350.00 in a research note on Wednesday, January 3rd. Finally, StockNews.com downgraded shares of CACI International from a “buy” rating to a “hold” rating in a report on Monday, April 15th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $396.27.

View Our Latest Analysis on CACI International

About CACI International

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CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.

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Earnings History for CACI International (NYSE:CACI)

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