$1.66 Billion in Sales Expected for CACI International Inc (NYSE:CACI) This Quarter

Equities analysts predict that CACI International Inc (NYSE:CACIGet Rating) will report $1.66 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have made estimates for CACI International’s earnings, with estimates ranging from $1.61 billion to $1.72 billion. CACI International posted sales of $1.56 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 6.4%. The company is scheduled to announce its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that CACI International will report full year sales of $6.23 billion for the current year, with estimates ranging from $6.17 billion to $6.35 billion. For the next financial year, analysts anticipate that the firm will report sales of $6.62 billion, with estimates ranging from $6.36 billion to $6.86 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow CACI International.

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

CACI has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their price target on CACI International from $310.00 to $329.00 and gave the company an “overweight” rating in a report on Thursday, March 24th. StockNews.com upgraded CACI International from a “hold” rating to a “buy” rating in a research report on Thursday. Barclays boosted their price objective on CACI International from $300.00 to $340.00 and gave the company an “overweight” rating in a research report on Monday, April 25th. The Goldman Sachs Group cut shares of CACI International from a “buy” rating to a “neutral” rating and raised their price target for the stock from $304.00 to $336.00 in a research note on Wednesday, April 13th. Finally, Stifel Nicolaus assumed coverage on shares of CACI International in a research note on Thursday, March 17th. They issued a “hold” rating for the company. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $321.00.

In related news, CFO Thomas A. Mutryn sold 3,089 shares of the stock in a transaction dated Tuesday, May 10th. The stock was sold at an average price of $260.00, for a total transaction of $803,140.00. Following the sale, the chief financial officer now owns 33,761 shares of the company’s stock, valued at approximately $8,777,860. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William S. Wallace sold 137 shares of the firm’s stock in a transaction dated Wednesday, February 16th. The shares were 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. 1.56% of the stock is owned by corporate insiders.

Several institutional investors have recently made changes to their positions in CACI. Counterpoint Mutual Funds LLC bought a new position in shares of CACI International during the 4th quarter valued at about $26,000. UMB Bank N A MO bought a new position in CACI International during the 4th quarter worth approximately $28,000. Rosenberg Matthew Hamilton grew its position in CACI International by 29.7% during the 1st quarter. Rosenberg Matthew Hamilton now owns 166 shares of the information technology services provider’s stock worth $50,000 after acquiring an additional 38 shares during the last quarter. Okabena Investment Services Inc. bought a new position in CACI International during the 4th quarter worth approximately $71,000. Finally, Vestor Capital LLC bought a new position in CACI International during the 1st quarter worth approximately $72,000. Hedge funds and other institutional investors own 86.78% of the company’s stock.

CACI traded up $0.19 during trading on Monday, reaching $256.67. 155,272 shares of the company’s stock were exchanged, compared to its average volume of 149,923. CACI International has a fifty-two week low of $238.29 and a fifty-two week high of $313.52. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.62. The business has a 50 day moving average price of $289.22 and a 200 day moving average price of $276.48. The company has a market capitalization of $6.01 billion, a P/E ratio of 14.83, a PEG ratio of 3.54 and a beta of 0.98.

About CACI International (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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