Caci International (NYSE:CACI) Releases FY20 Earnings Guidance

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Caci International (NYSE:CACI) issued an update on its FY20 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $11.52-12.30 for the period, compared to the Thomson Reuters consensus estimate of $11.67. The company issued revenue guidance of $5.50-5.70 billion, compared to the consensus revenue estimate of $5.52 billion.

NYSE CACI traded up $2.18 on Wednesday, hitting $206.21. 310,900 shares of the stock were exchanged, compared to its average volume of 178,940. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.73. Caci International has a fifty-two week low of $138.39 and a fifty-two week high of $210.12. The stock has a market capitalization of $5.07 billion, a PE ratio of 26.30, a price-to-earnings-growth ratio of 1.92 and a beta of 1.41.

Caci International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, May 1st. The information technology services provider reported $2.69 EPS for the quarter, topping the consensus estimate of $2.30 by $0.39. Caci International had a net margin of 5.59% and a return on equity of 11.80%. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same quarter in the previous year, the business posted $2.56 EPS. The firm’s revenue was up 12.5% on a year-over-year basis. On average, equities research analysts expect that Caci International will post 10.6 earnings per share for the current fiscal year.

Several brokerages have recently issued reports on CACI. Zacks Investment Research cut shares of Caci International from a buy rating to a hold rating in a report on Friday, May 10th. Credit Suisse Group upped their target price on shares of Caci International from $179.00 to $212.00 and gave the company a neutral rating in a report on Tuesday, May 7th. Cowen restated a buy rating and issued a $195.00 target price on shares of Caci International in a report on Thursday, May 2nd. Morgan Stanley began coverage on shares of Caci International in a report on Monday, June 3rd. They issued an equal weight rating and a $215.00 target price for the company. Finally, Goldman Sachs Group began coverage on shares of Caci International in a report on Thursday, May 9th. They issued a buy rating and a $260.00 target price for the company. Seven research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of Buy and a consensus price target of $203.21.

In other Caci International news, Director Warren R. Phillips sold 397 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $200.35, for a total transaction of $79,538.95. Following the completion of the transaction, the director now directly owns 5,871 shares in the company, valued at approximately $1,176,254.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Gregory R. Bradford sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $195.00, for a total transaction of $975,000.00. Following the transaction, the insider now owns 44,095 shares of the company’s stock, valued at $8,598,525. The disclosure for this sale can be found here. Insiders sold a total of 8,204 shares of company stock valued at $1,631,040 in the last quarter. Insiders own 1.51% of the company’s stock.

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

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