CACI International (NYSE:CACI) Issues Earnings Results, Beats Estimates By $0.67 EPS

CACI International (NYSE:CACI) issued its earnings results on Wednesday. The information technology services provider reported $5.95 EPS for the quarter, topping analysts’ consensus estimates of $5.28 by $0.67, Zacks reports. CACI International had a net margin of 5.77% and a return on equity of 14.78%.

CACI International Stock Up 0.0 %

NYSE:CACI traded up $0.06 during mid-day trading on Wednesday, hitting $465.24. 658,546 shares of the company’s stock were exchanged, compared to its average volume of 303,922. CACI International has a one year low of $326.60 and a one year high of $588.26. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. The business has a fifty day moving average price of $437.77 and a 200 day moving average price of $471.57. The company has a market cap of $10.43 billion, a PE ratio of 23.05, a P/E/G ratio of 1.37 and a beta of 0.87.

Analysts Set New Price Targets

CACI has been the topic of a number of analyst reports. Jefferies Financial Group upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price objective on the stock in a research report on Thursday, January 16th. JPMorgan Chase & Co. boosted their price objective on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company decreased their price objective on shares of CACI International from $564.00 to $503.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. StockNews.com upgraded shares of CACI International from a “hold” rating to a “buy” rating in a research report on Friday, January 17th. Finally, UBS Group initiated coverage on shares of CACI International in a research report on Monday, December 2nd. They issued a “buy” rating and a $557.00 price objective on the stock. One analyst has rated the stock with a sell rating and twelve have given a buy rating to the company. According to data from MarketBeat, CACI International currently has an average rating of “Moderate Buy” and a consensus price target of $521.50.

CACI International Company Profile

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.