Zacks: Brokerages Expect Caci International Inc (CACI) Will Announce Earnings of $2.12 Per Share

Equities analysts predict that Caci International Inc (NYSE:CACI) will report $2.12 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Six analysts have issued estimates for Caci International’s earnings, with the lowest EPS estimate coming in at $1.98 and the highest estimate coming in at $2.25. Caci International posted earnings of $2.05 per share during the same quarter last year, which suggests a positive year over year growth rate of 3.4%. The firm is scheduled to report its next earnings report on Wednesday, August 21st.

On average, analysts expect that Caci International will report full year earnings of $10.62 per share for the current financial year, with EPS estimates ranging from $10.48 to $10.75. For the next financial year, analysts forecast that the company will post earnings of $11.54 per share, with EPS estimates ranging from $10.80 to $13.33. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Caci International.

Caci International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, May 1st. The information technology services provider reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.30 by $0.39. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.24 billion. Caci International had a return on equity of 11.80% and a net margin of 5.59%. The business’s revenue was up 12.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.56 earnings per share.

A number of equities research analysts recently commented on CACI shares. ValuEngine upgraded Caci International from a “hold” rating to a “buy” rating in a report on Friday, May 3rd. Vertical Research upgraded Caci International from a “buy” rating to a “top pick” rating in a report on Wednesday, March 13th. Zacks Investment Research upgraded Caci International from a “hold” rating to a “buy” rating and set a $177.00 price objective for the company in a report on Wednesday, January 30th. Cowen reiterated a “buy” rating and issued a $195.00 price objective on shares of Caci International in a report on Thursday, May 2nd. Finally, Wells Fargo & Co reiterated a “buy” rating and issued a $185.00 price objective (down previously from $210.00) on shares of Caci International in a report on Thursday, January 31st. Six analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $202.31.

In other news, Director James L. Pavitt sold 500 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $181.34, for a total transaction of $90,670.00. Following the transaction, the director now owns 6,308 shares in the company, valued at $1,143,892.72. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James Gilmore III sold 269 shares of the stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $181.49, for a total value of $48,820.81. Following the transaction, the director now owns 13,817 shares in the company, valued at approximately $2,507,647.33. The disclosure for this sale can be found here. Insiders have sold 6,540 shares of company stock valued at $1,269,896 over the last three months. Insiders own 1.51% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. One Wealth Advisors LLC bought a new position in Caci International during the 1st quarter worth $25,000. Private Capital Group LLC increased its stake in Caci International by 72.3% during the 4th quarter. Private Capital Group LLC now owns 305 shares of the information technology services provider’s stock worth $44,000 after acquiring an additional 128 shares during the period. Marshall Wace LLP bought a new position in Caci International during the 1st quarter worth $93,000. Flagship Harbor Advisors LLC increased its stake in Caci International by 1,312.8% during the 1st quarter. Flagship Harbor Advisors LLC now owns 551 shares of the information technology services provider’s stock worth $100,000 after acquiring an additional 512 shares during the period. Finally, Ffcm LLC increased its stake in Caci International by 284.0% during the 4th quarter. Ffcm LLC now owns 1,106 shares of the information technology services provider’s stock worth $159,000 after acquiring an additional 818 shares during the period. Institutional investors own 90.06% of the company’s stock.

Caci International stock traded up $0.68 on Friday, reaching $205.65. The company’s stock had a trading volume of 1,960 shares, compared to its average volume of 174,728. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.54 and a current ratio of 1.54. The firm has a market cap of $5.16 billion, a P/E ratio of 26.27, a P/E/G ratio of 1.94 and a beta of 1.56. Caci International has a twelve month low of $138.39 and a twelve month high of $209.79.

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

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