Wall Street brokerages forecast that CACI International, Inc. (NYSE:CACI) will report $1.07 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have issued estimates for CACI International’s earnings, with the lowest sales estimate coming in at $1.04 billion and the highest estimate coming in at $1.10 billion. CACI International also posted sales of $1.07 billion in the same quarter last year. The company is expected to issue its next quarterly earnings results on Wednesday, October 25th.

According to Zacks, analysts expect that CACI International will report full-year sales of $1.07 billion for the current fiscal year, with estimates ranging from $4.37 billion to $4.49 billion. For the next fiscal year, analysts forecast that the firm will report sales of $4.55 billion per share, with estimates ranging from $4.45 billion to $4.65 billion. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover CACI International.

CACI International (NYSE:CACI) last released its quarterly earnings results on Wednesday, August 16th. The information technology services provider reported $1.76 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.68 by $0.08. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.09 billion. CACI International had a net margin of 3.76% and a return on equity of 9.52%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.75 earnings per share.

CACI has been the subject of a number of research reports. ValuEngine raised shares of CACI International from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. BidaskClub raised shares of CACI International from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. Maxim Group dropped their price target on shares of CACI International from $161.00 to $159.00 and set a “buy” rating for the company in a research report on Thursday, August 31st. Cowen and Company reissued an “outperform” rating and set a $145.00 price target on shares of CACI International in a research report on Monday, June 19th. Finally, Jefferies Group LLC raised shares of CACI International from a “hold” rating to a “buy” rating and set a $154.00 price target for the company in a research report on Monday, July 17th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $128.33.

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In related news, Director Warren R. Phillips sold 400 shares of the stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $125.30, for a total value of $50,120.00. Following the completion of the transaction, the director now directly owns 5,344 shares in the company, valued at approximately $669,603.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Thomas A. Mutryn sold 6,165 shares of the stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $131.28, for a total transaction of $809,341.20. Following the completion of the transaction, the chief financial officer now owns 37,555 shares of the company’s stock, valued at $4,930,220.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 7,056 shares of company stock valued at $921,136. 1.15% of the stock is owned by company insiders.

Several institutional investors have recently modified their holdings of CACI. Glen Harbor Capital Management LLC increased its stake in shares of CACI International by 12.5% in the 1st quarter. Glen Harbor Capital Management LLC now owns 990 shares of the information technology services provider’s stock worth $116,000 after acquiring an additional 110 shares in the last quarter. Elkfork Partners LLC increased its stake in shares of CACI International by 12.5% in the 1st quarter. Elkfork Partners LLC now owns 1,260 shares of the information technology services provider’s stock worth $148,000 after acquiring an additional 140 shares in the last quarter. Riverhead Capital Management LLC increased its stake in CACI International by 66.5% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,332 shares of the information technology services provider’s stock valued at $167,000 after purchasing an additional 532 shares in the last quarter. Meadow Creek Investment Management LLC increased its stake in CACI International by 12.5% during the 1st quarter. Meadow Creek Investment Management LLC now owns 1,530 shares of the information technology services provider’s stock valued at $180,000 after purchasing an additional 170 shares in the last quarter. Finally, SG Americas Securities LLC increased its stake in CACI International by 5.9% during the 1st quarter. SG Americas Securities LLC now owns 1,658 shares of the information technology services provider’s stock valued at $194,000 after purchasing an additional 93 shares in the last quarter. Institutional investors own 89.20% of the company’s stock.

CACI International (NYSE:CACI) opened at 129.10 on Friday. The stock’s 50 day moving average is $127.87 and its 200 day moving average is $124.06. CACI International has a 1-year low of $96.05 and a 1-year high of $135.35. The company has a market cap of $3.16 billion, a P/E ratio of 19.77 and a beta of 1.58.

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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