CACI International (NYSE:CACI) Announces Earnings Results

CACI International (NYSE:CACI) posted its quarterly earnings results on Wednesday. The information technology services provider reported $7.66 earnings per share for the quarter, beating analysts’ consensus estimates of $6.57 by $1.09, Zacks reports. CACI International had a return on equity of 15.65% and a net margin of 5.60%.

CACI International Stock Performance

NYSE CACI traded up $12.38 during trading hours on Wednesday, hitting $620.13. The company had a trading volume of 244,943 shares, compared to its average volume of 285,592. The business has a 50 day moving average of $625.77 and a 200-day moving average of $550.24. The company has a market cap of $13.70 billion, a PE ratio of 25.68, a price-to-earnings-growth ratio of 2.00 and a beta of 0.59. CACI International has a 1-year low of $434.70 and a 1-year high of $683.50. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.48 and a current ratio of 1.48.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. UBS Group increased their price objective on CACI International from $598.00 to $804.00 and gave the company a “buy” rating in a report on Friday, August 7th. BNP Paribas Exane lowered CACI International from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $675.00 to $540.00 in a research report on Tuesday, October 6th. Weiss Ratings upgraded CACI International from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, October 13th. Citigroup upped their price target on CACI International from $648.00 to $689.00 and gave the company a “neutral” rating in a report on Wednesday, October 7th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $715.00 price target on shares of CACI International in a report on Monday, August 10th. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $710.36.

CACI International Company Profile

CACI International Inc is a professional services and information technology company that provides mission-critical solutions to government customers, primarily in the United States. The company supports defense, intelligence, homeland security, and federal civilian agencies with expertise in areas such as enterprise IT, data analytics, artificial intelligence, cybersecurity, and software development.

CACI also delivers capabilities for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR), electronic warfare, signals intelligence, and other national security missions.