Analysts predict that Caci International Inc (NYSE:CACI) will announce $1.37 billion in sales for the current quarter, Zacks reports. Six analysts have provided estimates for Caci International’s earnings. The highest sales estimate is $1.41 billion and the lowest is $1.35 billion. Caci International posted sales of $1.17 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 17.1%. The business is scheduled to announce its next quarterly 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 fiscal year, with estimates ranging from $4.96 billion to $5.02 billion. For the next fiscal year, analysts forecast that the firm will post sales of $5.52 billion, with estimates ranging from $5.44 billion to $5.57 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Caci International.

Caci International (NYSE:CACI) last released its quarterly earnings results on Wednesday, May 1st. The information technology services provider reported $2.69 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.30 by $0.39. Caci International had a return on equity of 11.80% and a net margin of 5.59%. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.24 billion. During the same quarter in the prior year, the firm posted $2.56 EPS. Caci International’s quarterly revenue was up 12.5% compared to the same quarter last year.

Several research firms recently weighed in on CACI. Wells Fargo & Co restated a “buy” rating on shares of Caci International in a report on Friday, March 1st. Credit Suisse Group increased their price target on Caci International from $179.00 to $212.00 and gave the company a “neutral” rating in a report on Tuesday, May 7th. Goldman Sachs Group began coverage on Caci International in a report on Thursday, May 9th. They set a “buy” rating and a $260.00 price target on the stock. Cowen restated a “buy” rating and set a $195.00 price target on shares of Caci International in a report on Thursday, May 2nd. Finally, ValuEngine lowered Caci International from a “buy” rating to a “hold” rating in a report on Monday, April 1st. Seven research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Caci International has an average rating of “Buy” and a consensus price target of $203.21.

In other news, CFO Thomas A. Mutryn sold 2,000 shares of the stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $206.00, for a total transaction of $412,000.00. Following the transaction, the chief financial officer now owns 35,650 shares of the company’s stock, valued at approximately $7,343,900. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Gregory R. Bradford sold 5,000 shares of the stock in a transaction 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 transaction, the insider now directly 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 ninety days. 1.51% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. One Wealth Advisors LLC bought a new stake in Caci International during the first quarter valued at about $25,000. Private Capital Group LLC boosted its position in Caci International by 18.0% during the first quarter. Private Capital Group LLC now owns 360 shares of the information technology services provider’s stock valued at $66,000 after purchasing an additional 55 shares in the last quarter. Marshall Wace LLP bought a new stake in Caci International during the first quarter valued at about $93,000. Flagship Harbor Advisors LLC boosted its position in Caci International by 1,312.8% during the first quarter. Flagship Harbor Advisors LLC now owns 551 shares of the information technology services provider’s stock valued at $100,000 after purchasing an additional 512 shares in the last quarter. Finally, Ffcm LLC boosted its position in Caci International by 284.0% during the fourth quarter. Ffcm LLC now owns 1,106 shares of the information technology services provider’s stock valued at $159,000 after purchasing an additional 818 shares in the last quarter. 90.41% of the stock is currently owned by institutional investors and hedge funds.

NYSE:CACI traded down $0.73 during midday trading on Tuesday, hitting $203.26. 4,317 shares of the company traded hands, compared to its average volume of 164,255. 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 $5.07 billion, a PE ratio of 25.83, a PEG ratio of 1.92 and a beta of 1.41. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.54 and a current 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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Earnings History and Estimates for Caci International (NYSE:CACI)

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