Analysts predict that Caci International Inc (NYSE:CACI) will report earnings per share (EPS) of $3.30 for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Caci International’s earnings, with estimates ranging from $3.19 to $3.51. Caci International posted earnings of $2.69 per share in the same quarter last year, which suggests a positive year over year growth rate of 22.7%. The business is expected to announce its next quarterly earnings results on Wednesday, May 6th.

On average, analysts expect that Caci International will report full year earnings of $12.53 per share for the current financial year, with EPS estimates ranging from $12.20 to $13.00. For the next fiscal year, analysts anticipate that the company will report earnings of $14.04 per share, with EPS estimates ranging from $13.65 to $14.80. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Caci International.

Caci International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, January 29th. The information technology services provider reported $3.11 EPS for the quarter, beating the consensus estimate of $2.78 by $0.33. The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Caci International had a return on equity of 11.01% and a net margin of 4.92%. The company’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.71 EPS.

Several equities analysts have commented on the company. Credit Suisse Group upped their price target on Caci International from $303.00 to $325.00 and gave the company an “outperform” rating in a report on Friday, January 31st. ValuEngine cut Caci International from a “hold” rating to a “sell” rating in a report on Thursday, December 5th. Benchmark initiated coverage on Caci International in a report on Friday, January 31st. They issued a “buy” rating and a $315.00 target price for the company. Morgan Stanley increased their target price on Caci International from $235.00 to $256.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Finally, Stifel Nicolaus increased their target price on Caci International from $260.00 to $305.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Caci International currently has an average rating of “Buy” and an average target price of $283.55.

Caci International stock traded down $2.15 during trading hours on Friday, hitting $275.88. The stock had a trading volume of 135,000 shares, compared to its average volume of 171,174. The company has a 50-day moving average of $265.73 and a two-hundred day moving average of $235.91. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.75. The company has a market cap of $6.83 billion, a PE ratio of 26.48, a price-to-earnings-growth ratio of 2.17 and a beta of 1.27. Caci International has a fifty-two week low of $176.31 and a fifty-two week high of $280.67.

In other news, VP J William Koegel, Jr. sold 1,000 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $272.21, for a total value of $272,210.00. Following the completion of the transaction, the vice president now directly owns 15,398 shares of the company’s stock, valued at approximately $4,191,489.58. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.38% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. LSV Asset Management bought a new stake in Caci International during the 4th quarter worth approximately $45,471,000. California Public Employees Retirement System grew its position in Caci International by 45.7% during the 4th quarter. California Public Employees Retirement System now owns 101,953 shares of the information technology services provider’s stock worth $25,487,000 after acquiring an additional 31,979 shares during the last quarter. Panagora Asset Management Inc. grew its position in Caci International by 400.4% during the 4th quarter. Panagora Asset Management Inc. now owns 93,243 shares of the information technology services provider’s stock worth $23,310,000 after acquiring an additional 74,609 shares during the last quarter. Russell Investments Group Ltd. grew its position in Caci International by 26.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 85,234 shares of the information technology services provider’s stock worth $19,581,000 after acquiring an additional 18,018 shares during the last quarter. Finally, Parametric Portfolio Associates LLC grew its position in Caci International by 12.9% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 80,984 shares of the information technology services provider’s stock worth $18,728,000 after acquiring an additional 9,264 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

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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