CACI International (CACI) to Release Earnings on Wednesday

CACI International (NYSE:CACIGet Rating) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, January 25th. Analysts expect CACI International to post earnings of $4.35 per share for the quarter. CACI International has set its FY 2023 guidance at $17.65-$18.49 EPS and its FY23 guidance at $17.65-$18.49 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

CACI International (NYSE:CACIGet Rating) last posted its earnings results on Wednesday, October 26th. The information technology services provider reported $4.36 earnings per share for the quarter, beating analysts’ consensus estimates of $4.25 by $0.11. CACI International had a return on equity of 14.12% and a net margin of 5.82%. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.59 billion. On average, analysts expect CACI International to post $18 EPS for the current fiscal year and $20 EPS for the next fiscal year.

CACI International Stock Performance

CACI stock traded up $2.93 during trading on Tuesday, reaching $288.91. The stock had a trading volume of 128,013 shares, compared to its average volume of 160,501. CACI International has a 52 week low of $238.29 and a 52 week high of $319.33. The stock’s 50 day moving average is $301.44 and its two-hundred day moving average is $287.96. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.51. The firm has a market cap of $6.79 billion, a PE ratio of 18.57, a PEG ratio of 2.42 and a beta of 0.95.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Morgan Stanley raised CACI International from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $325.00 to $355.00 in a report on Tuesday, January 3rd. StockNews.com initiated coverage on CACI International in a research report on Wednesday, October 12th. They issued a “buy” rating for the company. Truist Financial upped their price target on CACI International from $310.00 to $345.00 and gave the stock a “buy” rating in a research report on Friday, October 28th. Raymond James upped their price target on CACI International from $300.00 to $324.00 and gave the stock an “outperform” rating in a research report on Friday, October 28th. Finally, Cowen upped their price target on CACI International from $313.00 to $330.00 in a research report on Monday, January 9th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $336.75.

Insider Buying and Selling

In related news, Director Lisa S. Disbrow sold 135 shares of the stock in a transaction dated Thursday, December 1st. The stock was sold at an average price of $313.00, for a total transaction of $42,255.00. Following the completion of the sale, the director now owns 414 shares in the company, valued at $129,582. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Gregory G. Johnson sold 150 shares of the stock in a transaction dated Friday, November 18th. The stock was sold at an average price of $310.00, for a total transaction of $46,500.00. Following the completion of the sale, the director now owns 5,778 shares in the company, valued at $1,791,180. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lisa S. Disbrow sold 135 shares of the stock in a transaction dated Thursday, December 1st. The stock was sold at an average price of $313.00, for a total value of $42,255.00. Following the sale, the director now owns 414 shares of the company’s stock, valued at approximately $129,582. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 423 shares of company stock worth $129,756. 1.23% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CACI International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CACI. Captrust Financial Advisors boosted its stake in CACI International by 435.5% during the second quarter. Captrust Financial Advisors now owns 4,943 shares of the information technology services provider’s stock valued at $1,393,000 after buying an additional 4,020 shares during the last quarter. Zions Bancorporation N.A. lifted its stake in shares of CACI International by 37.3% in the 1st quarter. Zions Bancorporation N.A. now owns 2,762 shares of the information technology services provider’s stock valued at $832,000 after purchasing an additional 751 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in shares of CACI International by 43.8% in the 1st quarter. Neuberger Berman Group LLC now owns 1,911 shares of the information technology services provider’s stock valued at $576,000 after purchasing an additional 582 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of CACI International by 0.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 13,625 shares of the information technology services provider’s stock valued at $3,557,000 after purchasing an additional 122 shares during the last quarter. Finally, Brown Brothers Harriman & Co. lifted its stake in shares of CACI International by 47.7% in the 1st quarter. Brown Brothers Harriman & Co. now owns 288 shares of the information technology services provider’s stock valued at $87,000 after purchasing an additional 93 shares during the last quarter. 87.08% of the stock is owned by institutional investors.

CACI International Company Profile

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CACI International, Inc operates as holding company, which engages in the provision of information solutions and services in support of national security missions and government transformation for intelligence, defense, and federal civilian customers. It operates through the Domestic Operations and International Operations segment.

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Earnings History for CACI International (NYSE:CACI)

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