Analysts expect that CACI International Inc (NYSE:CACI) will announce sales of $1.11 billion for the current quarter, Zacks Investment Research reports. Eight analysts have provided 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 in the same quarter last year, which would indicate a positive year over year growth rate of 1.8%. The business is expected to announce 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 financial year, with estimates ranging from $4.41 billion to $4.47 billion. For the next financial year, analysts anticipate that the firm will post 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 a mean average based on a survey of sell-side research analysts that follow CACI International.
CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, January 31st. The information technology services provider reported $2.00 EPS for the quarter, missing the Zacks’ consensus estimate of $2.29 by ($0.29). CACI International had a return on equity of 9.64% and a net margin of 6.13%. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the firm earned $1.69 earnings per share. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year.
CACI International (NYSE CACI) opened at $153.50 on Tuesday. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.54. CACI International has a 52-week low of $112.10 and a 52-week high of $159.40. The company has a market cap of $3,841.95, a price-to-earnings ratio of 14.35, a price-to-earnings-growth ratio of 2.12 and a beta of 1.51.
In related news, Director James L. Pavitt sold 1,000 shares of the business’s stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $154.00, for a total value of $154,000.00. Following the completion of the transaction, the director now owns 8,507 shares of the company’s stock, valued at $1,310,078. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Thomas A. Mutryn sold 4,743 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $150.00, for a total value of $711,450.00. Following the completion of the transaction, the chief financial officer now directly owns 37,555 shares of the company’s stock, valued at approximately $5,633,250. The disclosure for this sale can be found here. In the last ninety days, insiders sold 17,294 shares of company stock valued at $2,542,412. 1.44% of the stock is owned by insiders.
A number of hedge funds have recently bought and sold shares of the stock. Teachers Retirement System of The State of Kentucky raised its stake in CACI International by 2.0% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 19,529 shares of the information technology services provider’s stock valued at $2,721,000 after purchasing an additional 392 shares in the last quarter. Eagle Asset Management Inc. raised its stake in CACI International by 0.3% in the third quarter. Eagle Asset Management Inc. now owns 140,425 shares of the information technology services provider’s stock valued at $19,968,000 after purchasing an additional 473 shares in the last quarter. Wedge Capital Management L L P NC raised its stake in 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 acquiring an additional 490 shares in the last quarter. US Bancorp DE raised its stake in CACI International by 5.5% during the fourth quarter. US Bancorp DE now owns 11,987 shares of the information technology services provider’s stock worth $1,586,000 after acquiring an additional 628 shares in the last quarter. Finally, Meadow Creek Investment Management LLC raised its stake in CACI International by 25.6% during the fourth quarter. Meadow Creek Investment Management LLC now owns 3,672 shares of the information technology services provider’s stock worth $486,000 after acquiring an additional 748 shares in the last quarter. 91.53% of the stock is owned by institutional investors and hedge funds.
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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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