Wall Street analysts expect CACI International, Inc. (NYSE:CACI) to announce $1.09 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have issued estimates for CACI International’s earnings, with the highest sales estimate coming in at $1.11 billion and the lowest estimate coming in at $1.02 billion. CACI International reported sales of $1.11 billion in the same quarter last year, which would suggest a negative year-over-year growth rate of 1.8%. The company is scheduled to issue its next earnings results after the market closes on Wednesday, August 16th.

On average, analysts expect that CACI International will report full-year sales of $1.09 billion for the current financial year, with estimates ranging from $4.24 billion to $4.33 billion. For the next fiscal year, analysts anticipate that the company will post sales of $4.42 billion per share, with estimates ranging from $4.40 billion to $4.45 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow CACI International.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, May 3rd. The information technology services provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.47 by $0.14. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.04 billion. CACI International had a return on equity of 9.75% and a net margin of 3.76%. CACI International’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period last year, the company earned $1.38 earnings per share.

CACI has been the subject of several analyst reports. Zacks Investment Research raised CACI International from a “hold” rating to a “buy” rating and set a $143.00 price objective for the company in a research note on Wednesday. Jefferies Group LLC raised CACI International from a “hold” rating to a “buy” rating and set a $154.00 price objective for the company in a research note on Monday. Noble Financial reaffirmed a “buy” rating on shares of CACI International in a research note on Saturday, June 24th. Maxim Group reaffirmed a “buy” rating and set a $161.00 price objective on shares of CACI International in a research note on Thursday, June 22nd. Finally, ValuEngine raised CACI International from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. CACI International currently has an average rating of “Buy” and an average target price of $125.33.

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In related news, CEO Kenneth Asbury sold 25,050 shares of the company’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $124.86, for a total value of $3,127,743.00. Following the sale, the chief executive officer now owns 50,315 shares in the company, valued at approximately $6,282,330.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Warren R. Phillips sold 365 shares of the company’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $124.32, for a total value of $45,376.80. Following the completion of the sale, the director now owns 5,240 shares in the company, valued at approximately $651,436.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,861 shares of company stock worth $3,229,425. Insiders own 1.15% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan boosted its stake in CACI International by 0.5% in the first quarter. Municipal Employees Retirement System of Michigan now owns 8,330 shares of the information technology services provider’s stock worth $977,000 after buying an additional 40 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in CACI International by 0.6% in the second quarter. Nisa Investment Advisors LLC now owns 8,830 shares of the information technology services provider’s stock worth $1,104,000 after buying an additional 50 shares in the last quarter. Cardinal Capital Management boosted its stake in CACI International by 1.3% in the first quarter. Cardinal Capital Management now owns 5,118 shares of the information technology services provider’s stock worth $600,000 after buying an additional 64 shares in the last quarter. Paloma Partners Management Co boosted its stake in CACI International by 0.6% in the first quarter. Paloma Partners Management Co now owns 13,682 shares of the information technology services provider’s stock worth $1,605,000 after buying an additional 78 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in CACI International by 5.9% in the first quarter. SG Americas Securities LLC now owns 1,658 shares of the information technology services provider’s stock worth $194,000 after buying an additional 93 shares in the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.

Shares of CACI International (CACI) opened at 128.90 on Thursday. CACI International has a 12-month low of $91.93 and a 12-month high of $135.35. The company’s 50-day moving average price is $125.19 and its 200 day moving average price is $123.27. The firm has a market capitalization of $3.15 billion, a price-to-earnings ratio of 19.78 and a beta of 1.57.

CACI International Company Profile

CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.

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