CACI International (CACI) Set to Announce Quarterly Earnings on Wednesday

CACI International (NYSE:CACI) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of $5.55 per share for the quarter. CACI International has set its FY24 guidance at $19.91-20.58 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, January 24th. The information technology services provider reported $4.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.50 by ($0.14). CACI International had a return on equity of 13.65% and a net margin of 5.31%. The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same period last year, the company earned $4.28 earnings per share. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. On average, analysts expect CACI International to post $20 EPS for the current fiscal year and $23 EPS for the next fiscal year.

CACI International Stock Performance

Shares of CACI stock opened at $376.08 on Tuesday. CACI International has a 12-month low of $293.69 and a 12-month high of $382.65. The firm has a market capitalization of $8.38 billion, a price-to-earnings ratio of 22.78, a price-to-earnings-growth ratio of 1.84 and a beta of 0.89. The business has a 50 day simple moving average of $370.77 and a 200 day simple moving average of $343.90. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 1.32.

Insider Activity

In other news, Director Gregory G. Johnson sold 150 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $361.69, for a total transaction of $54,253.50. Following the completion of the sale, the director now owns 6,446 shares in the company, valued at approximately $2,331,453.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, EVP J William Koegel, Jr. sold 500 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total value of $188,740.00. Following the completion of the sale, the executive vice president now owns 23,385 shares in the company, valued at $8,827,369.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gregory G. Johnson sold 150 shares of the stock in a transaction on Monday, February 12th. The shares were sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the sale, the director now owns 6,446 shares of the company’s stock, valued at approximately $2,331,453.74. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

CACI has been the subject of a number of recent analyst reports. StockNews.com lowered CACI International from a “buy” rating to a “hold” rating in a report on Monday, April 15th. Wells Fargo & Company upped their target price on CACI International from $387.00 to $410.00 and gave the stock an “overweight” rating in a research report on Thursday, April 4th. JPMorgan Chase & Co. upped their target price on CACI International from $375.00 to $383.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th. Stifel Nicolaus upgraded CACI International from a “hold” rating to a “buy” rating and upped their target price for the stock from $365.00 to $380.00 in a research report on Friday, January 5th. Finally, Jefferies Financial Group downgraded CACI International from a “buy” rating to a “hold” rating and cut their target price for the stock from $375.00 to $350.00 in a research report on Wednesday, January 3rd. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $396.27.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.