CACI International (CACI) Announces Quarterly Earnings Results, Hits Estimates
CACI International (NASDAQ:CACI) released its earnings data on Thursday. The company reported $1.38 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.38, AnalystRatingsNetwork reports. The company had revenue of $894.20 million for the quarter, compared to the consensus estimate of $895.10 million. During the same quarter in the prior year, the company posted $1.69 earnings per share. The company’s quarterly revenue was down 4.0% on a year-over-year basis.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. initiated coverage on shares of CACI International in a research note to investors on Tuesday, December 10th. They set a “neutral” rating and a $70.00 price target on the stock. On the ratings front, analysts at Cowen and Company upgraded shares of CACI International from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, December 3rd. They now have a $90.00 price target on the stock, up previously from $80.00. They noted that the move was a valuation call. Finally, analysts at Zacks reiterated a “neutral” rating on shares of CACI International in a research note to investors on Monday, November 4th. They now have a $76.00 price target on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $73.29.
CACI International (NASDAQ:CACI) opened at 76.02 on Thursday. CACI International has a 1-year low of $49.98 and a 1-year high of $79.44. The stock’s 50-day moving average is $74.94 and its 200-day moving average is $70.31. The company has a market cap of $1.781 billion and a price-to-earnings ratio of 12.52.
CACI International Inc (NASDAQ:CACI), is an simulation technology company.
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