CACI International (NYSE:CACI) Posts Quarterly Earnings Results, Beats Expectations By $0.67 EPS

CACI International (NYSE:CACI) announced its quarterly earnings results on Wednesday. The information technology services provider reported $5.95 EPS for the quarter, beating the consensus estimate of $5.28 by $0.67, Zacks reports. CACI International had a return on equity of 14.78% and a net margin of 5.77%.

CACI International Price Performance

Shares of NYSE CACI traded up $0.06 during mid-day trading on Wednesday, hitting $465.24. 659,081 shares of the stock were exchanged, compared to its average volume of 303,922. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 1.75. The company has a market cap of $10.43 billion, a P/E ratio of 23.05, a PEG ratio of 1.37 and a beta of 0.87. The stock’s fifty day simple moving average is $437.77 and its two-hundred day simple moving average is $471.57. CACI International has a twelve month low of $326.60 and a twelve month high of $588.26.

Analyst Upgrades and Downgrades

CACI has been the subject of several recent analyst reports. Jefferies Financial Group upgraded CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price for the company in a research note on Thursday, January 16th. Barclays upped their target price on shares of CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. boosted their price objective on shares of CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. Truist Financial reduced their target price on shares of CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. Finally, UBS Group began coverage on CACI International in a research note on Monday, December 2nd. They set a “buy” rating and a $557.00 price target on the stock. One analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company. According to MarketBeat, CACI International currently has an average rating of “Moderate Buy” and a consensus price target of $521.50.

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.