CACI International (CACI) Scheduled to Post Quarterly Earnings on Wednesday

CACI International (NYSE:CACIGet Rating) is scheduled to be releasing its earnings data after the market closes on Wednesday, January 25th. Analysts expect CACI International to post earnings of $4.35 per share for the quarter. CACI International has set its FY 2023 guidance at $17.65-$18.49 EPS and its FY23 guidance at $17.65-$18.49 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

CACI International (NYSE:CACIGet Rating) last released its quarterly earnings data on Wednesday, October 26th. The information technology services provider reported $4.36 EPS for the quarter, topping the consensus estimate of $4.25 by $0.11. CACI International had a net margin of 5.82% and a return on equity of 14.12%. The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.59 billion. On average, analysts expect CACI International to post $18 EPS for the current fiscal year and $20 EPS for the next fiscal year.

CACI International Price Performance

Shares of CACI International stock traded up $2.93 on Tuesday, hitting $288.91. The company’s stock had a trading volume of 128,013 shares, compared to its average volume of 160,501. CACI International has a 52-week low of $238.29 and a 52-week high of $319.33. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.51. The firm has a fifty day moving average price of $301.44 and a 200-day moving average price of $287.96. The company has a market capitalization of $6.79 billion, a P/E ratio of 18.57, a price-to-earnings-growth ratio of 2.42 and a beta of 0.95.

Insider Activity

In other news, Director Gregory G. Johnson sold 150 shares of the company’s stock in a transaction dated Friday, November 18th. The shares were sold at an average price of $310.00, for a total transaction of $46,500.00. Following the completion of the transaction, the director now owns 5,778 shares of the company’s stock, valued at approximately $1,791,180. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, Director Lisa S. Disbrow sold 135 shares of the company’s stock in a transaction dated Thursday, December 1st. The shares were sold at an average price of $313.00, for a total transaction of $42,255.00. Following the completion of the transaction, the director now owns 414 shares of the company’s stock, valued at approximately $129,582. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Gregory G. Johnson sold 150 shares of the company’s stock in a transaction dated Friday, November 18th. The shares were sold at an average price of $310.00, for a total transaction of $46,500.00. Following the transaction, the director now directly owns 5,778 shares of the company’s stock, valued at approximately $1,791,180. The disclosure for this sale can be found here. Insiders sold a total of 423 shares of company stock valued at $129,756 in the last 90 days. 1.23% of the stock is currently owned by insiders.

Institutional Trading of CACI International

A number of institutional investors and hedge funds have recently bought and sold shares of CACI. Brown Brothers Harriman & Co. increased its position in CACI International by 47.7% during the 1st quarter. Brown Brothers Harriman & Co. now owns 288 shares of the information technology services provider’s stock worth $87,000 after purchasing an additional 93 shares in the last quarter. Captrust Financial Advisors increased its position in CACI International by 14.3% during the 2nd quarter. Captrust Financial Advisors now owns 1,055 shares of the information technology services provider’s stock worth $297,000 after purchasing an additional 132 shares in the last quarter. Neuberger Berman Group LLC increased its position in CACI International by 43.8% during the 1st quarter. Neuberger Berman Group LLC now owns 1,911 shares of the information technology services provider’s stock worth $576,000 after purchasing an additional 582 shares in the last quarter. Zions Bancorporation N.A. increased its position in CACI International by 37.3% during the 1st quarter. Zions Bancorporation N.A. now owns 2,762 shares of the information technology services provider’s stock worth $832,000 after purchasing an additional 751 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its position in CACI International by 0.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 13,625 shares of the information technology services provider’s stock worth $3,557,000 after purchasing an additional 122 shares in the last quarter. Institutional investors and hedge funds own 87.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CACI. Morgan Stanley upgraded shares of CACI International from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $325.00 to $355.00 in a research report on Tuesday, January 3rd. Cowen upped their target price on shares of CACI International from $313.00 to $330.00 in a report on Monday, January 9th. Truist Financial upped their target price on shares of CACI International from $310.00 to $345.00 and gave the company a “buy” rating in a report on Friday, October 28th. StockNews.com assumed coverage on shares of CACI International in a report on Wednesday, October 12th. They issued a “buy” rating on the stock. Finally, Raymond James upped their target price on shares of CACI International from $300.00 to $324.00 and gave the company an “outperform” rating in a report on Friday, October 28th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $336.75.

CACI International Company Profile

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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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Earnings History for CACI International (NYSE:CACI)

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