CACI International (NYSE:CACI) Posts Earnings Results

CACI International (NYSE:CACI) issued its earnings results on Wednesday. The information technology services provider reported $5.93 EPS for the quarter, beating the consensus estimate of $5.08 by $0.85, Briefing.com reports. The company had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a net margin of 5.48% and a return on equity of 14.31%. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the company 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 Trading Up 5.4 %

CACI opened at $552.62 on Friday. The firm has a 50 day simple moving average of $495.16 and a 200 day simple moving average of $449.05. CACI International has a fifty-two week low of $302.21 and a fifty-two week high of $570.28. The company has a market cap of $12.32 billion, a price-to-earnings ratio of 31.92, a price-to-earnings-growth ratio of 2.22 and a beta of 0.93. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.27 and a quick ratio of 1.27.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Barclays upped their price objective on shares of CACI International from $450.00 to $500.00 and gave the stock an “overweight” rating in a research note on Monday, August 12th. TD Cowen raised their price target on CACI International from $435.00 to $480.00 and gave the company a “buy” rating in a report on Friday, July 12th. Bank of America boosted their price objective on CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a research note on Tuesday, September 17th. Truist Financial raised their target price on CACI International from $500.00 to $520.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. Finally, JPMorgan Chase & Co. upped their price target on shares of CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $485.60.

Insider Buying and Selling at CACI International

In other news, CEO John S. Mengucci sold 10,000 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $463.18, for a total value of $4,631,800.00. Following the transaction, the chief executive officer now owns 91,368 shares of the company’s stock, valued at $42,319,830.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CEO John S. Mengucci sold 10,000 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $463.18, for a total value of $4,631,800.00. Following the completion of the sale, the chief executive officer now directly owns 91,368 shares of the company’s stock, valued at $42,319,830.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP J William Koegel, Jr. sold 970 shares of CACI International stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $483.27, for a total transaction of $468,771.90. Following the transaction, the executive vice president now directly owns 22,651 shares in the company, valued at $10,946,548.77. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 21,270 shares of company stock valued at $10,165,972. 1.23% of the stock is currently owned by insiders.

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.