Analysts Expect CACI International Inc (NYSE:CACI) to Post $4.53 Earnings Per Share

Brokerages forecast that CACI International Inc (NYSE:CACIGet Rating) will post $4.53 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have issued estimates for CACI International’s earnings, with the highest EPS estimate coming in at $4.60 and the lowest estimate coming in at $4.43. CACI International reported earnings of $6.26 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 27.6%. The business is expected to report its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that CACI International will report full year earnings of $17.87 per share for the current fiscal year, with EPS estimates ranging from $17.70 to $18.40. For the next year, analysts anticipate that the firm will post earnings of $19.57 per share, with EPS estimates ranging from $18.52 to $20.25. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for CACI International.

CACI International (NYSE:CACIGet Rating) last posted its quarterly earnings results on Wednesday, April 27th. The information technology services provider reported $4.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.79 by ($0.15). The business had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.65 billion. CACI International had a return on equity of 16.52% and a net margin of 6.71%. CACI International’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.28 earnings per share.

Several brokerages have weighed in on CACI. StockNews.com upgraded CACI International from a “hold” rating to a “buy” rating in a research note on Thursday. Morgan Stanley lifted their price objective on CACI International from $286.00 to $311.00 and gave the stock an “equal weight” rating in a report on Friday, March 18th. The Goldman Sachs Group lowered CACI International from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $304.00 to $336.00 in a report on Wednesday, April 13th. Barclays raised their target price on CACI International from $300.00 to $340.00 and gave the stock an “overweight” rating in a research note on Monday, April 25th. Finally, Stifel Nicolaus started coverage on CACI International in a research note on Thursday, March 17th. They issued a “hold” rating for the company. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $321.00.

In related news, CFO Thomas A. Mutryn sold 3,089 shares of the business’s stock in a transaction that occurred on Tuesday, May 10th. The stock was sold at an average price of $260.00, for a total value of $803,140.00. Following the completion of the sale, the chief financial officer now owns 33,761 shares in the company, valued at approximately $8,777,860. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William S. Wallace sold 137 shares of the business’s stock in a transaction that occurred on Wednesday, February 16th. The stock was sold at an average price of $251.04, for a total value of $34,392.48. The disclosure for this sale can be found here. Company insiders own 1.56% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. Marshall Wace LLP purchased a new position in CACI International in the 1st quarter worth approximately $93,000. OLD Mission Capital LLC purchased a new position in CACI International in the 3rd quarter worth approximately $721,000. First Horizon Advisors Inc. increased its stake in CACI International by 255.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 405 shares of the information technology services provider’s stock worth $96,000 after purchasing an additional 291 shares during the period. Pinebridge Investments L.P. increased its stake in CACI International by 83.4% in the 3rd quarter. Pinebridge Investments L.P. now owns 9,341 shares of the information technology services provider’s stock worth $2,448,000 after purchasing an additional 4,249 shares during the period. Finally, Mutual of America Capital Management LLC increased its stake in CACI International by 1.2% in the 3rd quarter. Mutual of America Capital Management LLC now owns 20,786 shares of the information technology services provider’s stock worth $5,448,000 after purchasing an additional 243 shares during the period. Institutional investors own 86.78% of the company’s stock.

Shares of CACI traded up $0.19 during trading hours on Friday, reaching $256.67. The stock had a trading volume of 155,272 shares, compared to its average volume of 149,923. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.62. The firm has a 50-day simple moving average of $289.22 and a 200 day simple moving average of $276.48. CACI International has a 12 month low of $238.29 and a 12 month high of $313.52. The company has a market capitalization of $6.01 billion, a price-to-earnings ratio of 14.83, a P/E/G ratio of 3.54 and a beta of 0.98.

CACI International Company Profile (Get Rating)

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 in two segments, Domestic Operations and International Operations.

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Earnings History and Estimates for CACI International (NYSE:CACI)

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