Equities research analysts forecast that CACI International Inc (NYSE:CACI) will report earnings of $1.77 per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have issued estimates for CACI International’s earnings, with the lowest EPS estimate coming in at $1.59 and the highest estimate coming in at $1.90. CACI International reported earnings per share of $1.61 during the same quarter last year, which would indicate a positive year-over-year growth rate of 9.9%. The firm is expected to issue its next quarterly earnings results on Wednesday, May 2nd.
On average, analysts expect that CACI International will report full year earnings of $11.14 per share for the current financial year, with EPS estimates ranging from $11.10 to $11.17. For the next financial year, analysts forecast that the firm will report earnings of $8.71 per share, with EPS estimates ranging from $8.15 to $8.95. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow CACI International.
CACI International (NYSE:CACI) last released its quarterly earnings results on Wednesday, January 31st. The information technology services provider reported $2.00 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.29 by ($0.29). The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. CACI International had a return on equity of 9.64% and a net margin of 6.13%. The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the business earned $1.69 earnings per share.
Several equities research analysts have recently issued reports on CACI shares. Wells Fargo & Co raised CACI International from a “market perform” rating to an “outperform” rating and set a $158.00 target price on the stock in a report on Wednesday, October 25th. Noble Financial raised CACI International from a “hold” rating to a “buy” rating in a research note on Friday, November 3rd. Zacks Investment Research cut CACI International from a “hold” rating to a “sell” rating in a research note on Friday, November 3rd. BidaskClub cut CACI International from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Finally, B. Riley reissued a “neutral” rating on shares of CACI International in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company’s stock. CACI International currently has a consensus rating of “Buy” and a consensus price target of $152.55.
CACI International (CACI) opened at $149.10 on Thursday. CACI International has a 52-week low of $112.10 and a 52-week high of $159.40. The company has a market capitalization of $3,672.02, a PE ratio of 13.93, a PEG ratio of 1.34 and a beta of 1.63. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.55 and a quick ratio of 1.55.
In other news, Director Gregory G. Johnson sold 300 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $149.97, for a total transaction of $44,991.00. Following the transaction, the director now owns 4,769 shares of the company’s stock, valued at $715,206.93. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Thomas A. Mutryn sold 4,743 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $150.00, for a total value of $711,450.00. Following the transaction, the chief financial officer now directly owns 37,555 shares in the company, valued at approximately $5,633,250. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,294 shares of company stock worth $2,388,412. Insiders own 1.44% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of CACI International in the fourth quarter valued at approximately $10,834,000. Glenmede Trust Co. NA boosted its holdings in shares of CACI International by 9.5% in the fourth quarter. Glenmede Trust Co. NA now owns 402,120 shares of the information technology services provider’s stock valued at $53,218,000 after purchasing an additional 34,804 shares during the period. Arizona State Retirement System boosted its holdings in shares of CACI International by 225.0% in the fourth quarter. Arizona State Retirement System now owns 41,382 shares of the information technology services provider’s stock valued at $5,477,000 after purchasing an additional 28,650 shares during the period. State Street Corp boosted its holdings in shares of CACI International by 3.6% in the second quarter. State Street Corp now owns 601,924 shares of the information technology services provider’s stock valued at $75,282,000 after purchasing an additional 21,125 shares during the period. Finally, TIAA CREF Investment Management LLC boosted its holdings in shares of CACI International by 6.2% in the fourth quarter. TIAA CREF Investment Management LLC now owns 205,514 shares of the information technology services provider’s stock valued at $27,200,000 after purchasing an additional 11,924 shares during the period. 87.04% of the stock is currently owned by hedge funds and other institutional investors.
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About CACI International
CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.
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