CACI International, Inc. (CACI) Updates FY18 Earnings Guidance
CACI International, Inc. (NYSE:CACI) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $6.52-6.84 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.80. The company issued revenue guidance of $4.35-4.50 billion, compared to the consensus revenue estimate of $4.43 billion.
CACI International, Inc. (NYSE CACI) traded up 0.98% during midday trading on Wednesday, reaching $128.80. The company had a trading volume of 335,408 shares. The stock has a 50-day moving average price of $127.24 and a 200 day moving average price of $123.87. The company has a market capitalization of $3.15 billion, a PE ratio of 19.76 and a beta of 1.57. CACI International, Inc. has a 12-month low of $92.65 and a 12-month high of $135.35.
A number of analysts recently commented on CACI shares. Noble Financial reaffirmed a buy rating on shares of CACI International in a research report on Saturday, June 24th. Zacks Investment Research lowered CACI International from a buy rating to a hold rating in a report on Wednesday. BidaskClub upgraded CACI International from a strong sell rating to a sell rating in a research note on Tuesday, August 8th. Cowen and Company restated a buy rating and issued a $145.00 target price on shares of CACI International in a research note on Monday. Finally, Maxim Group restated a buy rating and issued a $161.00 target price on shares of CACI International in a research note on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the stock. CACI International presently has a consensus rating of Buy and a consensus price target of $125.33.
In related news, Director Gregory G. Johnson sold 355 shares of the stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $127.00, for a total value of $45,085.00. Following the transaction, the director now owns 4,965 shares of the company’s stock, valued at $630,555. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.15% of the stock is owned by corporate insiders.
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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