CACI International (NYSE:CACI) Announces Earnings Results

CACI International (NYSE:CACI) posted its quarterly earnings results on Wednesday. The information technology services provider reported $8.91 earnings per share for the quarter, topping the consensus estimate of $7.26 by $1.65, Zacks reports. CACI International had a return on equity of 15.90% and a net margin of 5.86%.During the same quarter last year, the business posted $8.40 EPS. CACI International’s revenue was up 17.6% compared to the same quarter last year. CACI International updated its FY 2027 guidance to 32.960-33.860 EPS.

CACI International Price Performance

Shares of CACI stock traded down $6.06 on Wednesday, hitting $518.13. 222,648 shares of the company’s stock were exchanged, compared to its average volume of 265,425. The company has a 50 day moving average of $491.24 and a 200 day moving average of $541.34. The stock has a market cap of $11.45 billion, a P/E ratio of 21.38, a price-to-earnings-growth ratio of 1.63 and a beta of 0.53. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.61 and a quick ratio of 1.61. CACI International has a 12 month low of $434.70 and a 12 month high of $683.50.

Hedge Funds Weigh In On CACI International

Institutional investors have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC acquired a new position in shares of CACI International during the fourth quarter worth approximately $54,000. EverSource Wealth Advisors LLC increased its stake in CACI International by 595.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 146 shares of the information technology services provider’s stock valued at $70,000 after buying an additional 125 shares during the last quarter. BOKF NA increased its stake in CACI International by 6,566.7% in the 3rd quarter. BOKF NA now owns 200 shares of the information technology services provider’s stock valued at $100,000 after buying an additional 197 shares during the last quarter. Hilltop Holdings Inc. lifted its position in shares of CACI International by 5.8% during the 3rd quarter. Hilltop Holdings Inc. now owns 545 shares of the information technology services provider’s stock worth $272,000 after buying an additional 30 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of CACI International by 344.7% during the 1st quarter. Jones Financial Companies Lllp now owns 885 shares of the information technology services provider’s stock worth $325,000 after buying an additional 686 shares in the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CACI has been the subject of several analyst reports. JPMorgan Chase & Co. decreased their target price on shares of CACI International from $700.00 to $645.00 and set an “overweight” rating for the company in a research note on Monday, June 15th. BNP Paribas Exane began coverage on shares of CACI International in a research report on Wednesday, May 27th. They set a “neutral” rating and a $550.00 price target on the stock. Citigroup cut their price target on shares of CACI International from $555.00 to $519.00 and set a “neutral” rating for the company in a research note on Wednesday, July 1st. TD Cowen dropped their target price on shares of CACI International from $625.00 to $550.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. Finally, Weiss Ratings downgraded shares of CACI International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $609.09.

About CACI International

CACI International Inc is a leading provider of information solutions and services to the U.S. federal government, with a primary focus on defense, intelligence, homeland security and federal civilian agencies. The company delivers advanced technology and domain expertise to support mission-critical operations, offering capabilities in areas such as data analytics, cyber security, network integration, enterprise IT modernization and logistics support. By integrating software, hardware and professional services, CACI helps clients enhance situational awareness, improve decision making and maintain critical infrastructure resilience.

Founded in 1962 and headquartered in Arlington, Virginia, CACI has evolved from a small consulting operation into a global enterprise.