CACI International (NYSE:CACI) Issues Earnings Results, Beats Estimates By $0.86 EPS

CACI International (NYSE:CACI) issued its earnings results on Wednesday. The information technology services provider reported $5.93 earnings per share for the quarter, beating analysts’ consensus estimates of $5.07 by $0.86, Briefing.com reports. CACI International had a return on equity of 14.31% and a net margin of 5.48%. The firm had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter last year, the firm earned $4.36 earnings per share. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. CACI International updated its FY25 guidance to $22.89-23.78 EPS and its FY 2025 guidance to 22.890-23.780 EPS.

CACI International Stock Up 5.4 %

CACI International stock traded up $28.24 during midday trading on Thursday, hitting $552.34. The stock had a trading volume of 149,450 shares, compared to its average volume of 111,162. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.42. The stock has a market cap of $12.31 billion, a P/E ratio of 32.29, a P/E/G ratio of 2.22 and a beta of 0.93. CACI International has a 12 month low of $302.21 and a 12 month high of $568.49. The business has a fifty day moving average price of $493.39 and a 200 day moving average price of $448.32.

Insider Activity at CACI International

In related news, Director Gregory G. Johnson sold 300 shares of the business’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total value of $141,300.00. Following the completion of the sale, the director now directly owns 5,910 shares of the company’s stock, valued at $2,783,610. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Gregory G. Johnson sold 300 shares of the business’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total value of $141,300.00. Following the completion of the sale, the director now directly owns 5,910 shares of the company’s stock, valued at $2,783,610. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO John S. Mengucci sold 10,000 shares of CACI International stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $463.18, for a total value of $4,631,800.00. Following the completion of the transaction, the chief executive officer now owns 91,368 shares of the company’s stock, valued at approximately $42,319,830.24. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 21,270 shares of company stock valued at $10,165,972 over the last three months. 1.23% of the stock is owned by insiders.

Analysts Set New Price Targets

CACI has been the topic of several research reports. Barclays raised their price objective on CACI International from $450.00 to $500.00 and gave the company an “overweight” rating in a research report on Monday, August 12th. Raymond James lowered CACI International from an “outperform” rating to a “market perform” rating in a research report on Monday, August 5th. Wells Fargo & Company raised their price objective on CACI International from $525.00 to $577.00 and gave the company an “overweight” rating in a research report on Tuesday, October 1st. Truist Financial raised their price objective on CACI International from $500.00 to $520.00 and gave the company a “buy” rating in a research report on Thursday, September 5th. Finally, TD Cowen raised their price objective on CACI International from $435.00 to $480.00 and gave the company a “buy” rating in a research report on Friday, July 12th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $485.60.

About CACI International

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.