Caci International Inc (NYSE:CACI) – Stock analysts at Seaport Global Securities upped their Q1 2020 earnings estimates for Caci International in a research note issued on Monday, June 24th, Zacks Investment Research reports. Seaport Global Securities analyst J. Sullivan now expects that the information technology services provider will post earnings per share of $2.62 for the quarter, up from their prior forecast of $2.31. Seaport Global Securities also issued estimates for Caci International’s Q2 2020 earnings at $2.87 EPS, Q4 2020 earnings at $3.37 EPS and FY2020 earnings at $12.02 EPS.
Caci International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, May 1st. The information technology services provider reported $2.69 EPS for the quarter, topping the consensus estimate of $2.30 by $0.39. Caci International had a net margin of 5.59% and a return on equity of 11.80%. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.24 billion. During the same quarter in the previous year, the firm posted $2.56 earnings per share. The company’s revenue for the quarter was up 12.5% on a year-over-year basis.
NYSE CACI traded up $1.32 on Wednesday, reaching $212.09. 143,300 shares of the stock were exchanged, compared to its average volume of 219,498. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.54 and a quick ratio of 1.54. The firm’s 50-day moving average price is $207.10. The firm has a market cap of $5.32 billion, a price-to-earnings ratio of 27.05, a PEG ratio of 1.78 and a beta of 1.33. Caci International has a one year low of $138.39 and a one year high of $215.57.
In other Caci International news, Director Debora A. Plunkett sold 183 shares of the company’s stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of $206.23, for a total value of $37,740.09. Following the sale, the director now owns 232 shares in the company, valued at approximately $47,845.36. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Gregory R. Bradford sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $195.00, for a total value of $975,000.00. Following the transaction, the insider now directly owns 44,095 shares of the company’s stock, valued at $8,598,525. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,204 shares of company stock worth $1,631,040. 1.51% of the stock is owned by insiders.
Several hedge funds have recently made changes to their positions in the company. Oakbrook Investments LLC raised its position in shares of Caci International by 57.1% during the 2nd quarter. Oakbrook Investments LLC now owns 2,750 shares of the information technology services provider’s stock worth $563,000 after acquiring an additional 1,000 shares in the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Caci International by 1.4% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 10,029 shares of the information technology services provider’s stock worth $2,052,000 after acquiring an additional 142 shares in the last quarter. CENTRAL TRUST Co raised its position in shares of Caci International by 5.3% during the 2nd quarter. CENTRAL TRUST Co now owns 4,538 shares of the information technology services provider’s stock worth $949,000 after acquiring an additional 227 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in Caci International during the second quarter worth approximately $1,478,000. Finally, Copper Rock Capital Partners LLC increased its position in Caci International by 7.8% during the second quarter. Copper Rock Capital Partners LLC now owns 120,877 shares of the information technology services provider’s stock worth $24,730,000 after buying an additional 8,705 shares during the period. 89.32% of the stock is owned by institutional investors and hedge funds.
About Caci International
CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of 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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