CACI International (NYSE:CACI) Announces Quarterly Earnings Results

CACI International (NYSE:CACI) issued its earnings results on Wednesday. The information technology services provider reported $5.93 earnings per share for the quarter, topping the consensus estimate of $5.07 by $0.86, Briefing.com reports. The business had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $1.92 billion. CACI International had a return on equity of 14.31% and a net margin of 5.48%. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the prior year, the business earned $4.36 EPS. 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 Performance

Shares of CACI International stock traded up $28.35 during midday trading on Thursday, hitting $552.45. The company had a trading volume of 137,634 shares, compared to its average volume of 111,105. The company has a fifty day simple moving average of $493.39 and a 200 day simple moving average of $448.32. The stock has a market cap of $12.32 billion, a price-to-earnings ratio of 32.29, a PEG ratio of 2.22 and a beta of 0.93. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.42. CACI International has a 12-month low of $302.21 and a 12-month high of $568.49.

Analysts Set New Price Targets

CACI has been the subject of a number of research reports. JPMorgan Chase & Co. upped their price objective on shares of CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 2nd. Raymond James cut shares of CACI International from an “outperform” rating to a “market perform” rating in a research report on Monday, August 5th. Bank of America lifted their price objective on shares of CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a report on Tuesday, September 17th. Truist Financial upped their target price on CACI International from $500.00 to $520.00 and gave the stock a “buy” rating in a report on Thursday, September 5th. Finally, Barclays lifted their price target on CACI International from $450.00 to $500.00 and gave the company an “overweight” rating in a report on Monday, August 12th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, CACI International currently has an average rating of “Moderate Buy” and an average target price of $485.60.

Insiders Place Their Bets

In other news, insider Gregory R. Bradford sold 10,000 shares of CACI International stock in a transaction on Monday, September 16th. The shares were sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the completion of the sale, the insider now directly owns 35,538 shares in the company, valued at approximately $17,499,266.58. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, Director Gregory G. Johnson sold 300 shares of the company’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $471.00, for a total value of $141,300.00. Following the sale, the director now directly owns 5,910 shares of the company’s stock, valued at $2,783,610. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Gregory R. Bradford sold 10,000 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the transaction, the insider now directly owns 35,538 shares of the company’s stock, valued at approximately $17,499,266.58. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,270 shares of company stock valued at $10,165,972. Insiders own 1.23% of the company’s stock.

CACI International Company Profile

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.