$1.11 Billion in Sales Expected for CACI International Inc (CACI) This Quarter

Wall Street analysts forecast that CACI International Inc (NYSE:CACI) will announce $1.11 billion in sales for the current quarter, according to Zacks. Eight analysts have made estimates for CACI International’s earnings. The highest sales estimate is $1.12 billion and the lowest is $1.10 billion. CACI International posted sales of $1.09 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 1.8%. The business is scheduled to issue its next quarterly earnings report on Wednesday, May 2nd.

On average, analysts expect that CACI International will report full-year sales of $1.11 billion for the current fiscal year, with estimates ranging from $4.41 billion to $4.47 billion. For the next financial year, analysts anticipate that the company will report sales of $4.58 billion per share, with estimates ranging from $4.53 billion to $4.62 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for CACI International.

CACI International (NYSE:CACI) last issued its earnings results on Wednesday, January 31st. The information technology services provider reported $2.00 EPS for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.29). The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. CACI International had a net margin of 6.13% and a return on equity of 9.64%. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.69 earnings per share.

A number of research analysts recently commented on the company. B. Riley restated a “neutral” rating on shares of CACI International in a research note on Friday, November 3rd. SunTrust Banks reiterated a “hold” rating and set a $155.00 price objective on shares of CACI International in a research note on Friday, February 2nd. Maxim Group increased their price objective on CACI International from $159.00 to $174.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. ValuEngine upgraded CACI International from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Loop Capital upgraded CACI International from a “hold” rating to a “buy” rating and set a $128.00 price objective for the company in a research note on Thursday, February 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $152.55.

CACI International (CACI) opened at $143.55 on Wednesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.55 and a quick ratio of 1.55. The company has a market capitalization of $3,513.17, a price-to-earnings ratio of 20.26, a P/E/G ratio of 1.28 and a beta of 1.63. CACI International has a 12 month low of $112.10 and a 12 month high of $159.40.

In other news, Director J Phillip London sold 11,161 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $145.00, for a total transaction of $1,618,345.00. Following the sale, the director now owns 75,000 shares in the company, valued at $10,875,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Thomas A. Mutryn sold 4,743 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $150.00, for a total value of $711,450.00. Following the sale, the chief financial officer now owns 37,555 shares in the company, valued at approximately $5,633,250. The disclosure for this sale can be found here. Insiders have sold 15,995 shares of company stock valued at $2,341,084 over the last quarter. Corporate insiders own 1.44% of the company’s stock.

Several hedge funds have recently made changes to their positions in CACI. Public Employees Retirement Association of Colorado bought a new stake in shares of CACI International during the fourth quarter worth $207,000. Alps Advisors Inc. bought a new stake in shares of CACI International during the fourth quarter worth $212,000. Bessemer Group Inc. bought a new stake in shares of CACI International during the fourth quarter worth $225,000. Wedge Capital Management L L P NC grew its holdings in shares of CACI International by 18.3% during the fourth quarter. Wedge Capital Management L L P NC now owns 3,165 shares of the information technology services provider’s stock worth $419,000 after purchasing an additional 490 shares during the last quarter. Finally, NorthCoast Asset Management LLC bought a new stake in shares of CACI International during the fourth quarter worth $568,000. Institutional investors own 88.34% of the company’s stock.

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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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Earnings History and Estimates for CACI International (NYSE:CACI)

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