$4.53 Earnings Per Share Expected for CACI International Inc (NYSE:CACI) This Quarter

Brokerages predict that CACI International Inc (NYSE:CACI – Get Rating) will announce earnings per share (EPS) of $4.53 for the current quarter, according to Zacks. 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 in the same quarter last year, which would suggest a negative year over year growth rate of 27.6%. The business is scheduled to report its next quarterly 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 financial year, with EPS estimates ranging from $17.70 to $18.40. For the next year, analysts expect that the business will report earnings of $19.57 per share, with EPS estimates ranging from $18.52 to $20.25. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover CACI International.

CACI International (NYSE:CACI – Get Rating) last announced its quarterly earnings results 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 company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the prior year, the company earned $5.28 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis.

Several research analysts recently weighed in on CACI shares. StockNews.com upgraded shares of CACI International from a “hold” rating to a “buy” rating in a research report on Thursday. Stifel Nicolaus started coverage on shares of CACI International in a research report on Thursday, March 17th. They issued a “hold” rating on the stock. Barclays upped their price objective on shares of CACI International from $300.00 to $340.00 and gave the stock an “overweight” rating in a research report on Monday, April 25th. Raymond James upgraded shares of CACI International from a “market perform” rating to an “outperform” rating and set a $300.00 price objective on the stock in a research report on Monday, January 31st. Finally, Wells Fargo & Company upped 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. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $321.00.

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

Large investors have recently added to or reduced their stakes in the company. Counterpoint Mutual Funds LLC purchased a new stake in CACI International in the fourth quarter worth $26,000. UMB Bank N A MO purchased a new stake in CACI International in the fourth quarter worth $28,000. Rosenberg Matthew Hamilton lifted its stake in CACI International by 29.7% in the first 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 period. Okabena Investment Services Inc. purchased a new stake in CACI International in the fourth quarter worth $71,000. Finally, Vestor Capital LLC purchased a new stake in CACI International in the first quarter worth $72,000. 86.78% of the stock is owned by hedge funds and other institutional investors.

Shares of CACI traded up $0.19 during midday trading on Friday, hitting $256.67. 155,272 shares of the company traded hands, compared to its average volume of 149,923. 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 stock has a 50-day moving average of $289.22 and a 200-day moving average of $276.48. The firm has a market cap of $6.01 billion, a P/E ratio of 14.83, a PEG ratio of 3.54 and a beta of 0.98. CACI International has a one year low of $238.29 and a one year high of $313.52.

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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