Equities research analysts forecast that Caci International Inc (NYSE:CACI) will announce sales of $1.35 billion for the current quarter, Zacks Investment Research reports. Six analysts have provided estimates for Caci International’s earnings, with the highest sales estimate coming in at $1.38 billion and the lowest estimate coming in at $1.31 billion. Caci International reported sales of $1.17 billion during the same quarter last year, which would indicate a positive year over year growth rate of 15.4%. The business is scheduled to issue its next quarterly earnings results on Wednesday, October 30th.

On average, analysts expect that Caci International will report full-year sales of $5.62 billion for the current fiscal year, with estimates ranging from $5.60 billion to $5.66 billion. For the next financial year, analysts anticipate that the firm will post sales of $5.90 billion, with estimates ranging from $5.87 billion to $5.97 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover Caci International.

Caci International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, August 14th. The information technology services provider reported $1.96 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.12 by ($0.16). The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.38 billion. Caci International had a return on equity of 11.61% and a net margin of 5.33%. Caci International’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the company posted $2.05 earnings per share.

Several analysts have recently commented on CACI shares. ValuEngine cut shares of Caci International from a “buy” rating to a “hold” rating in a research note on Saturday, June 22nd. Morgan Stanley increased their price target on shares of Caci International from $215.00 to $224.00 and gave the company an “equal weight” rating in a research note on Monday, June 24th. Credit Suisse Group raised shares of Caci International from a “neutral” rating to an “outperform” rating and increased their price target for the company from $223.00 to $269.00 in a research note on Tuesday, August 20th. Citigroup cut shares of Caci International from a “buy” rating to a “neutral” rating and increased their price target for the company from $200.00 to $230.00 in a research note on Tuesday, July 9th. Finally, Wells Fargo & Co increased their price target on shares of Caci International from $225.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, June 20th. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $225.56.

In other Caci International news, insider Kenneth Asbury sold 14,050 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $209.53, for a total value of $2,943,896.50. Following the sale, the insider now directly owns 51,080 shares in the company, valued at $10,702,792.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Gregory G. Johnson sold 450 shares of the stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $216.17, for a total transaction of $97,276.50. Following the completion of the sale, the director now owns 5,001 shares in the company, valued at $1,081,066.17. The disclosure for this sale can be found here. Insiders sold 14,661 shares of company stock worth $3,075,198 over the last 90 days. 1.51% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. FNY Investment Advisers LLC acquired a new stake in Caci International in the second quarter worth $79,000. Marshall Wace LLP acquired a new stake in shares of Caci International during the first quarter worth $93,000. Flagship Harbor Advisors LLC raised its holdings in shares of Caci International by 50.5% during the second quarter. Flagship Harbor Advisors LLC now owns 829 shares of the information technology services provider’s stock worth $169,000 after acquiring an additional 278 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in shares of Caci International during the second quarter worth $206,000. Finally, Advisor Partners LLC raised its holdings in shares of Caci International by 4.9% during the second quarter. Advisor Partners LLC now owns 1,281 shares of the information technology services provider’s stock worth $262,000 after acquiring an additional 60 shares during the period. Institutional investors own 88.02% of the company’s stock.

Shares of CACI traded up $0.17 during mid-day trading on Tuesday, hitting $216.01. 167,975 shares of the company traded hands, compared to its average volume of 215,186. Caci International has a one year low of $138.39 and a one year high of $229.37. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.68. The business has a 50-day moving average of $214.73 and a 200 day moving average of $200.91. The stock has a market capitalization of $5.36 billion, a price-to-earnings ratio of 20.65, a PEG ratio of 1.74 and a beta of 1.32.

About Caci International

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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