Research Analysts Issue Forecasts for CACI International Inc’s FY2018 Earnings (CACI)
CACI International Inc (NYSE:CACI) – Research analysts at SunTrust Banks lifted their FY2018 EPS estimates for shares of CACI International in a report released on Thursday. SunTrust Banks analyst T. Sommer now anticipates that the information technology services provider will post earnings of $7.16 per share for the year, up from their previous forecast of $6.69. SunTrust Banks currently has a “Hold” rating and a $155.00 target price on the stock. SunTrust Banks also issued estimates for CACI International’s Q4 2018 earnings at $1.90 EPS and Q1 2019 earnings at $1.84 EPS.
CACI International (NYSE:CACI) last released its earnings results on Wednesday, January 31st. The information technology services provider reported $2.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.29). CACI International had a net margin of 6.13% and a return on equity of 9.64%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.69 earnings per share.
Shares of CACI International (NYSE CACI) traded up $2.85 during trading hours on Monday, hitting $146.40. 39,863 shares of the company were exchanged, compared to its average volume of 149,038. The firm has a market cap of $3,513.17, a P/E ratio of 13.72, a price-to-earnings-growth ratio of 1.28 and a beta of 1.63. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.54. CACI International has a 1-year low of $112.10 and a 1-year high of $159.40.
In other news, Director J Phillip London sold 11,161 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $145.00, for a total transaction of $1,618,345.00. Following the completion of the transaction, the director now directly owns 75,000 shares of the company’s stock, valued at approximately $10,875,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Thomas A. Mutryn sold 4,743 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $150.00, for a total transaction of $711,450.00. Following the transaction, the chief financial officer now directly owns 37,555 shares of the company’s stock, valued at $5,633,250. The disclosure for this sale can be found here. Insiders have sold a total of 15,995 shares of company stock valued at $2,341,084 over the last ninety days. Company insiders own 1.44% of the company’s stock.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of CACI International by 3.6% in the 2nd quarter. State Street Corp now owns 601,924 shares of the information technology services provider’s stock valued at $75,282,000 after buying an additional 21,125 shares during the last quarter. Sterling Capital Management LLC boosted its holdings in shares of CACI International by 0.4% in the 3rd quarter. Sterling Capital Management LLC now owns 212,520 shares of the information technology services provider’s stock valued at $29,615,000 after buying an additional 779 shares during the last quarter. Eagle Asset Management Inc. boosted its holdings in shares of CACI International by 0.3% in the 3rd quarter. Eagle Asset Management Inc. now owns 140,425 shares of the information technology services provider’s stock valued at $19,968,000 after buying an additional 473 shares during the last quarter. Parametric Portfolio Associates LLC boosted its holdings in shares of CACI International by 5.4% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 100,409 shares of the information technology services provider’s stock valued at $12,556,000 after buying an additional 5,106 shares during the last quarter. Finally, Phocas Financial Corp. boosted its holdings in shares of CACI International by 39.2% in the 2nd quarter. Phocas Financial Corp. now owns 83,331 shares of the information technology services provider’s stock valued at $10,421,000 after buying an additional 23,456 shares during the last quarter. 88.34% of the stock is owned by institutional investors.
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CACI International Company Profile
CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.
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