Wall Street brokerages forecast that CACI International Inc (NYSE:CACI) will post $1.49 billion in sales for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for CACI International’s earnings. The lowest sales estimate is $1.48 billion and the highest is $1.50 billion. CACI International posted sales of $1.46 billion during the same quarter last year, which suggests a positive year over year growth rate of 2.1%. The firm is scheduled to issue its next earnings results on Wednesday, October 27th.
According to Zacks, analysts expect that CACI International will report full-year sales of $6.29 billion for the current year, with estimates ranging from $6.25 billion to $6.35 billion. For the next financial year, analysts anticipate that the firm will report sales of $6.54 billion, with estimates ranging from $6.42 billion to $6.67 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for CACI International.
CACI International (NYSE:CACI) last released its earnings results on Wednesday, August 11th. The information technology services provider reported $5.74 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $5.74. CACI International had a net margin of 7.57% and a return on equity of 17.80%. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.56 billion.
In other CACI International news, Director Gregory G. Johnson sold 300 shares of the firm’s stock in a transaction on Monday, August 23rd. The stock was sold at an average price of $260.00, for a total transaction of $78,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director William S. Wallace sold 167 shares of the firm’s stock in a transaction on Monday, August 9th. The shares were sold at an average price of $252.40, for a total value of $42,150.80. Following the sale, the director now directly owns 4,187 shares of the company’s stock, valued at approximately $1,056,798.80. The disclosure for this sale can be found here. Insiders sold 3,967 shares of company stock valued at $1,017,726 over the last three months. 1.56% of the stock is owned by company insiders.
A number of hedge funds have recently bought and sold shares of the stock. Cigna Investments Inc. New grew its position in CACI International by 6.1% in the first quarter. Cigna Investments Inc. New now owns 973 shares of the information technology services provider’s stock valued at $239,000 after acquiring an additional 56 shares during the last quarter. Arizona State Retirement System grew its position in CACI International by 0.9% in the first quarter. Arizona State Retirement System now owns 7,341 shares of the information technology services provider’s stock valued at $1,811,000 after acquiring an additional 63 shares during the last quarter. Johnson Investment Counsel Inc. grew its position in CACI International by 0.9% in the first quarter. Johnson Investment Counsel Inc. now owns 7,430 shares of the information technology services provider’s stock valued at $1,833,000 after acquiring an additional 65 shares during the last quarter. Public Employees Retirement System of Ohio grew its position in CACI International by 0.5% in the second quarter. Public Employees Retirement System of Ohio now owns 15,164 shares of the information technology services provider’s stock valued at $3,869,000 after acquiring an additional 73 shares during the last quarter. Finally, Lazard Asset Management LLC grew its position in CACI International by 1.4% in the first quarter. Lazard Asset Management LLC now owns 8,616 shares of the information technology services provider’s stock valued at $2,125,000 after acquiring an additional 117 shares during the last quarter. 88.04% of the stock is owned by institutional investors and hedge funds.
Shares of NYSE:CACI traded up $1.34 during mid-day trading on Friday, reaching $252.75. The stock had a trading volume of 333,088 shares, compared to its average volume of 205,650. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.63. The firm has a market cap of $5.96 billion, a PE ratio of 13.69, a price-to-earnings-growth ratio of 2.54 and a beta of 1.04. The firm has a 50 day simple moving average of $258.78 and a two-hundred day simple moving average of $254.78. CACI International has a twelve month low of $198.46 and a twelve month high of $270.73.
About CACI International
CACI International, Inc operates as holding company, which engages in the provision of information solutions and services in support of national security missions and government transformation for intelligence, defense, and federal civilian customers. It operates through the Domestic Operations and International Operations segment.
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