Wall Street analysts forecast that Caci International Inc (NYSE:CACI) will post $1.37 billion in sales for the current quarter, according to Zacks. Six analysts have provided estimates for Caci International’s earnings, with the lowest sales estimate coming in at $1.35 billion and the highest estimate coming in at $1.41 billion. Caci International reported sales of $1.17 billion in the same quarter last year, which would suggest a positive year over year growth rate of 17.1%. The business is expected to report its next earnings report on Wednesday, August 21st.
According to Zacks, analysts expect that Caci International will report full-year sales of $4.98 billion for the current financial year, with estimates ranging from $4.96 billion to $5.02 billion. For the next financial year, analysts expect that the business will post sales of $5.52 billion, with estimates ranging from $5.44 billion to $5.57 billion. Zacks’ sales averages are an average based on a survey of analysts that follow Caci International.
Caci International (NYSE:CACI) last issued its earnings results on Wednesday, May 1st. The information technology services provider reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.30 by $0.39. Caci International had a return on equity of 11.80% and a net margin of 5.59%. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.24 billion. During the same period in the previous year, the company posted $2.56 EPS. The firm’s revenue was up 12.5% compared to the same quarter last year.
In other news, CFO Thomas A. Mutryn sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $206.00, for a total value of $412,000.00. Following the transaction, the chief financial officer now owns 35,650 shares in the company, valued at approximately $7,343,900. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Gregory R. Bradford sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $195.00, for a total value of $975,000.00. Following the completion of the transaction, the insider now owns 44,095 shares in the company, valued at approximately $8,598,525. The disclosure for this sale can be found here. Insiders sold a total of 8,204 shares of company stock worth $1,631,040 in the last 90 days. Company insiders own 1.51% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in CACI. Bank of New York Mellon Corp lifted its stake in Caci International by 5.6% in the fourth quarter. Bank of New York Mellon Corp now owns 574,384 shares of the information technology services provider’s stock valued at $82,728,000 after purchasing an additional 30,363 shares during the last quarter. Norges Bank purchased a new position in Caci International in the fourth quarter valued at approximately $56,876,000. Geode Capital Management LLC lifted its stake in Caci International by 7.4% in the first quarter. Geode Capital Management LLC now owns 326,144 shares of the information technology services provider’s stock valued at $59,364,000 after purchasing an additional 22,453 shares during the last quarter. Tributary Capital Management LLC lifted its stake in Caci International by 13.1% in the first quarter. Tributary Capital Management LLC now owns 169,372 shares of the information technology services provider’s stock valued at $30,829,000 after purchasing an additional 19,681 shares during the last quarter. Finally, Eagle Asset Management Inc. lifted its stake in Caci International by 7.0% in the fourth quarter. Eagle Asset Management Inc. now owns 118,347 shares of the information technology services provider’s stock valued at $17,045,000 after purchasing an additional 7,703 shares during the last quarter. Hedge funds and other institutional investors own 90.41% of the company’s stock.
Caci International stock traded down $1.24 during midday trading on Tuesday, reaching $202.75. The stock had a trading volume of 207,105 shares, compared to its average volume of 167,962. Caci International has a 12 month low of $138.39 and a 12 month high of $210.12. The firm has a market capitalization of $5.04 billion, a price-to-earnings ratio of 25.86, a PEG ratio of 1.91 and a beta of 1.41. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.54 and a quick ratio of 1.54.
Caci International Company Profile
CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.
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