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

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

According to Zacks, analysts expect that CACI International will report full-year earnings of $17.87 per share for the current year, with EPS estimates ranging from $17.70 to $18.40. For the next financial 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 Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that cover CACI International.

CACI International (NYSE:CACI – Get Rating) last released its quarterly earnings results on Wednesday, April 27th. The information technology services provider reported $4.64 earnings per share for the quarter, missing analysts’ consensus estimates of $4.79 by ($0.15). CACI International had a net margin of 6.71% and a return on equity of 16.52%. The firm 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 earned $5.28 earnings per share. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis.

A number of research firms recently weighed in on CACI. Raymond James raised shares of CACI International from a “market perform” rating to an “outperform” rating and set a $300.00 price target on the stock in a research report on Monday, January 31st. Morgan Stanley lifted their price objective on shares of CACI International from $286.00 to $311.00 and gave the stock an “equal weight” rating in a research report on Friday, March 18th. StockNews.com lowered shares of CACI International from a “buy” rating to a “hold” rating in a research report on Thursday, April 21st. Wells Fargo & Company lifted their price objective on shares of CACI International from $310.00 to $329.00 and gave the stock an “overweight” rating in a research report on Thursday, March 24th. Finally, The Goldman Sachs Group lowered shares of 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 research report on Wednesday, April 13th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, CACI International presently has a consensus rating of “Buy” and an average target price of $321.00.

In other news, Director William S. Wallace sold 137 shares of CACI International 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.56% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of CACI. Marshall Wace LLP purchased a new position in CACI International during the first quarter valued at approximately $93,000. OLD Mission Capital LLC purchased a new position in CACI International during the third quarter valued at approximately $721,000. First Horizon Advisors Inc. grew its stake in CACI International by 255.3% during the third quarter. First Horizon Advisors Inc. now owns 405 shares of the information technology services provider’s stock valued at $96,000 after acquiring an additional 291 shares in the last quarter. Pinebridge Investments L.P. grew its stake in CACI International by 83.4% during the third quarter. Pinebridge Investments L.P. now owns 9,341 shares of the information technology services provider’s stock valued at $2,448,000 after acquiring an additional 4,249 shares in the last quarter. Finally, Mutual of America Capital Management LLC grew its stake in CACI International by 1.2% during the third quarter. Mutual of America Capital Management LLC now owns 20,786 shares of the information technology services provider’s stock valued at $5,448,000 after acquiring an additional 243 shares in the last quarter. 86.78% of the stock is owned by institutional investors.

CACI opened at $262.70 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.29 and a quick ratio of 1.29. The company’s 50-day moving average is $292.92 and its 200 day moving average is $277.34. CACI International has a fifty-two week low of $238.29 and a fifty-two week high of $313.52. The firm has a market capitalization of $6.15 billion, a P/E ratio of 15.18, a PEG ratio of 3.96 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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