CACI International (CACI) Releases Quarterly Earnings Results
CACI International (NASDAQ:CACI) posted its quarterly earnings results on Wednesday. The company reported $1.49 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.43 by $0.06, AnalystRatings.NET reports. The company had revenue of $905.70 million for the quarter, compared to the consensus estimate of $891.63 million. During the same quarter last year, the company posted $1.56 earnings per share. CACI International’s revenue was down .8% compared to the same quarter last year. CACI International updated its FY15 guidance to $5.10-5.31 EPS.
CACI has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of CACI International from a “neutral” rating to an “underperform” rating in a research note on Thursday, July 31st. They now have a $63.00 price target on the stock. On a related note, analysts at JPMorgan Chase & Co. cut their price target on shares of CACI International from $93.00 to $83.00 in a research note on Monday, June 30th. They now have an “overweight” rating on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of CACI International in a research note on Friday, June 27th. They now have a $73.00 price target on the stock, up previously from $69.00. One analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. CACI International has an average rating of “Buy” and a consensus target price of $75.00.
CACI International (NASDAQ:CACI) traded up 0.23% during mid-day trading on Wednesday, hitting $70.40. 317,063 shares of the company’s stock traded hands. CACI International has a one year low of $66.09 and a one year high of $80.77. The stock has a 50-day moving average of $69.39 and a 200-day moving average of $71.86. The company has a market cap of $1.654 billion and a P/E ratio of 12.91.
CACI International Inc (NASDAQ:CACI), is an simulation technology company.
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