Equities research analysts expect that CACI International Inc (NYSE:CACI) will post $1.08 billion in sales for the current quarter, Zacks Investment Research reports. Eight analysts have provided estimates for CACI International’s earnings. The lowest sales estimate is $1.06 billion and the highest is $1.09 billion. CACI International reported sales of $1.06 billion in the same quarter last year, which indicates a positive year over year growth rate of 1.9%. The firm is scheduled to announce its next quarterly earnings results after the market closes on Wednesday, January 31st.

According to Zacks, analysts expect that CACI International will report full year sales of $1.08 billion for the current financial year, with estimates ranging from $4.38 billion to $4.47 billion. For the next fiscal year, analysts expect that the business will report sales of $4.57 billion per share, with estimates ranging from $4.46 billion to $4.64 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow CACI International.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, November 1st. The information technology services provider reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.15. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. CACI International had a return on equity of 9.57% and a net margin of 3.87%. The firm’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.47 EPS.

A number of equities research analysts recently weighed in on the company. Loop Capital upped their price objective on CACI International to $140.00 in a research note on Wednesday. ValuEngine upgraded CACI International from a “hold” rating to a “buy” rating in a research note on Sunday. Stifel Nicolaus restated a “buy” rating and set a $151.00 price objective on shares of CACI International in a research note on Tuesday, November 21st. BidaskClub cut CACI International from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Finally, Noble Financial restated a “buy” rating on shares of CACI International in a research note on Monday, November 13th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $148.09.

Shares of CACI International (NYSE:CACI) opened at $137.80 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.53 and a current ratio of 1.53. The firm has a market capitalization of $3,302.92, a price-to-earnings ratio of 20.48, a P/E/G ratio of 1.94 and a beta of 1.57. CACI International has a 12 month low of $112.10 and a 12 month high of $147.31.

A number of large investors have recently made changes to their positions in CACI. Riverhead Capital Management LLC increased its position 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 buying an additional 532 shares in the last quarter. Miles Capital Inc. acquired a new position in CACI International during the 2nd quarter valued at about $211,000. SG Americas Securities LLC increased its position in CACI International by 8.6% during the 2nd quarter. SG Americas Securities LLC now owns 1,800 shares of the information technology services provider’s stock valued at $225,000 after buying an additional 142 shares in the last quarter. Sawgrass Asset Management LLC acquired a new position in CACI International during the 2nd quarter valued at about $315,000. Finally, Ramsey Quantitative Systems acquired a new position in CACI International during the 2nd quarter valued at about $326,000. 88.39% of the stock is currently owned by institutional investors.

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About CACI International

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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