Brokerages expect that Caci International Inc (NYSE:CACI) will announce $1.15 billion in sales for the current fiscal quarter, Zacks reports. Eight analysts have made estimates for Caci International’s earnings. The highest sales estimate is $1.18 billion and the lowest is $1.11 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 firm is scheduled to report its next earnings report on Wednesday, November 7th.

According to Zacks, analysts expect that Caci International will report full year sales of $4.83 billion for the current financial year, with estimates ranging from $4.80 billion to $4.90 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $5.04 billion per share, with estimates ranging from $4.89 billion to $5.23 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Caci International.

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

Several equities research analysts have issued reports on the stock. Zacks Investment Research cut shares of Caci International from a “buy” rating to a “hold” rating in a research report on Wednesday, June 20th. ValuEngine lowered shares of Caci International from a “buy” rating to a “hold” rating in a report on Friday. Raymond James boosted their price target on shares of Caci International from $183.00 to $199.00 and gave the company a “buy” rating in a report on Thursday, August 16th. Stifel Nicolaus boosted their price target on shares of Caci International from $190.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, August 16th. Finally, Loop Capital boosted their price target on shares of Caci International to $210.00 and gave the company a “buy” rating in a report on Thursday, August 16th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $190.23.

Caci International stock traded up $1.65 during trading hours on Tuesday, hitting $186.70. The company had a trading volume of 5,181 shares, compared to its average volume of 121,017. The stock has a market cap of $4.65 billion, a price-to-earnings ratio of 23.88, a price-to-earnings-growth ratio of 1.98 and a beta of 1.53. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.73 and a quick ratio of 1.73. Caci International has a 1 year low of $121.60 and a 1 year high of $200.85.

In related news, CFO Thomas A. Mutryn sold 5,000 shares of the stock in a transaction on Tuesday, August 21st. The shares were sold at an average price of $192.50, for a total transaction of $962,500.00. Following the sale, the chief financial officer now directly owns 32,555 shares of the company’s stock, valued at $6,266,837.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 directly owns 5,074 shares in the company, valued at $958,986. The disclosure for this sale can be found here. Insiders sold a total of 10,731 shares of company stock worth $2,080,561 over the last ninety days. Insiders own 1.44% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Phocas Financial Corp. raised its position in Caci International by 11.8% during the second quarter. Phocas Financial Corp. now owns 67,220 shares of the information technology services provider’s stock worth $11,330,000 after acquiring an additional 7,110 shares during the period. Federated Investors Inc. PA raised its position in Caci International by 11,974.1% during the first quarter. Federated Investors Inc. PA now owns 35,015 shares of the information technology services provider’s stock worth $5,300,000 after acquiring an additional 34,725 shares during the period. Sun Life Financial INC acquired a new position in Caci International during the second quarter worth $317,000. Alps Advisors Inc. raised its position in Caci International by 11.4% during the second quarter. Alps Advisors Inc. now owns 4,491 shares of the information technology services provider’s stock worth $757,000 after acquiring an additional 459 shares during the period. Finally, Bank of New York Mellon Corp raised its position in Caci International by 7.1% during 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 acquiring an additional 33,990 shares during the period. 89.31% of the stock is currently owned by hedge funds and other institutional investors.

Caci International Company Profile

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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