Equities analysts forecast that Caci International Inc (NYSE:CACI) will post $1.15 billion in sales for the current quarter, Zacks Investment Research reports. Eight analysts have provided estimates for Caci International’s earnings, with estimates ranging from $1.11 billion to $1.18 billion. Caci International posted sales of $1.09 billion in the same quarter last year, which would indicate a positive year over year growth rate of 5.5%. The business is scheduled to issue its next earnings results after the market closes on Wednesday, October 31st.

According to Zacks, analysts expect that Caci International will report full-year sales of $4.83 billion for the current year, with estimates ranging from $4.80 billion to $4.90 billion. For the next year, analysts forecast that the company will report sales of $5.04 billion, with estimates ranging from $4.89 billion to $5.23 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Caci International.

Caci International (NYSE:CACI) last announced its earnings results on Wednesday, August 15th. The information technology services provider reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.27. Caci International had a return on equity of 9.91% and a net margin of 6.74%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the business earned $1.76 EPS. The company’s revenue was up 2.9% compared to the same quarter last year.

Several equities analysts recently commented on CACI shares. B. Riley upped their price objective on Caci International from $165.00 to $182.00 and gave the company a “neutral” rating in a research note on Friday, August 17th. SunTrust Banks reiterated a “hold” rating and issued a $210.00 price objective on shares of Caci International in a research note on Thursday, August 16th. Loop Capital upped their price objective on Caci International to $200.00 and gave the company a “buy” rating in a research note on Wednesday, August 8th. ValuEngine downgraded Caci International from a “buy” rating to a “hold” rating in a research note on Thursday, August 2nd. Finally, Cowen reiterated a “buy” rating and issued a $185.00 price objective on shares of Caci International in a research note on Wednesday, August 15th. One research analyst has rated the stock with a sell rating, five have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Caci International has an average rating of “Buy” and a consensus price target of $190.23.

Caci International stock opened at $180.27 on Monday. Caci International has a 12 month low of $121.60 and a 12 month high of $200.85. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $4.46 billion, a P/E ratio of 22.99, a PEG ratio of 1.90 and a beta of 1.55.

In other Caci International news, Director Gregory G. Johnson sold 500 shares of the stock in a transaction on Monday, August 20th. The stock was sold at an average price of $189.00, for a total transaction of $94,500.00. Following the sale, the director now owns 5,074 shares in the company, valued at $958,986. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Thomas A. Mutryn sold 4,995 shares of the stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of $196.00, for a total value of $979,020.00. Following the sale, the chief financial officer now owns 32,055 shares in the company, valued at approximately $6,282,780. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,731 shares of company stock worth $2,080,561. Company insiders own 1.51% of the company’s stock.

Several large investors have recently bought and sold shares of CACI. Bank of New York Mellon Corp increased its holdings in shares of Caci International by 7.1% in the second quarter. Bank of New York Mellon Corp now owns 509,948 shares of the information technology services provider’s stock worth $85,951,000 after purchasing an additional 33,990 shares during the period. Copper Rock Capital Partners LLC bought a new position in shares of Caci International in the second quarter worth $21,146,000. Ferguson Wellman Capital Management Inc. increased its holdings in shares of Caci International by 1.5% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 85,170 shares of the information technology services provider’s stock worth $14,355,000 after purchasing an additional 1,280 shares during the period. California Public Employees Retirement System increased its holdings in shares of Caci International by 4.0% in the second quarter. California Public Employees Retirement System now owns 78,084 shares of the information technology services provider’s stock worth $13,161,000 after purchasing an additional 2,970 shares during the period. Finally, Phocas Financial Corp. increased its holdings in shares of Caci International by 11.8% in the second quarter. Phocas Financial Corp. now owns 67,220 shares of the information technology services provider’s stock worth $11,330,000 after purchasing an additional 7,110 shares during the period. Hedge funds and other institutional investors own 89.48% 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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