CACI International Inc (NYSE:CACI) – Research analysts at Seaport Global Securities cut their Q2 2018 earnings per share estimates for CACI International in a research report issued to clients and investors on Thursday. Seaport Global Securities analyst J. Sullivan now expects that the information technology services provider will earn $1.70 per share for the quarter, down from their prior forecast of $1.74. Seaport Global Securities currently has a “Buy” rating and a $152.00 target price on the stock.

CACI International (NYSE:CACI) last announced its quarterly earnings results on Wednesday, November 1st. The information technology services provider reported $1.67 EPS for the quarter, topping the Zacks’ consensus estimate of $1.52 by $0.15. The business had revenue of $1.09 billion for 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 business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.47 EPS.

Other equities analysts have also recently issued reports about the company. B. Riley reaffirmed a “neutral” rating on shares of CACI International in a research note on Friday, November 3rd. Zacks Investment Research raised CACI International from a “hold” rating to a “buy” rating and set a $154.00 price target on the stock in a research note on Wednesday, January 10th. Noble Financial raised CACI International from a “hold” rating to a “buy” rating in a research note on Friday, November 3rd. Jefferies Group reaffirmed a “buy” rating and issued a $154.00 price target on shares of CACI International in a research note on Tuesday, October 24th. Finally, ValuEngine cut CACI International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $148.55.

Shares of CACI International (CACI) traded down $1.40 during trading on Friday, reaching $137.45. The company’s stock had a trading volume of 61,800 shares, compared to its average volume of 94,150. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.60. The stock has a market cap of $3,418.64, a PE ratio of 20.42, a P/E/G ratio of 1.94 and a beta of 1.57. CACI International has a 1-year low of $112.10 and a 1-year high of $147.31.

Several hedge funds have recently modified their holdings of the company. Riverhead Capital Management LLC boosted its position in shares of CACI International by 66.5% during the second 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. Miles Capital Inc. bought a new stake in shares of CACI International during the second quarter valued at approximately $211,000. Sawgrass Asset Management LLC bought a new stake in shares of CACI International during the second quarter valued at approximately $315,000. Ramsey Quantitative Systems bought a new stake in shares of CACI International during the second quarter valued at approximately $326,000. Finally, Amalgamated Bank boosted its position in shares of CACI International by 1.4% during the second quarter. Amalgamated Bank now owns 3,341 shares of the information technology services provider’s stock valued at $418,000 after purchasing an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 88.39% of the company’s stock.

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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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