CACI International (NYSE:CACI) Posts Quarterly Earnings Results, Beats Expectations By $0.86 EPS

CACI International (NYSE:CACI) issued its quarterly earnings results on Wednesday. The information technology services provider reported $5.93 EPS for the quarter, beating 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 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 quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the firm 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 Up 6.6 %

Shares of CACI traded up $34.77 during mid-day trading on Thursday, hitting $558.87. 64,973 shares of the company’s stock were exchanged, compared to its average volume of 110,527. The firm has a fifty day moving average of $493.39 and a two-hundred day moving average of $448.32. CACI International has a twelve month low of $302.21 and a twelve month high of $570.28. The stock has a market cap of $12.46 billion, a price-to-earnings ratio of 32.29, a P/E/G 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.

Insider Transactions 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 shares were sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the transaction, the chief executive officer now owns 91,368 shares in the company, valued at $42,319,830.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Gregory G. Johnson sold 300 shares of the firm’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 transaction, the director now directly owns 5,910 shares in the company, valued at approximately $2,783,610. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO John S. Mengucci sold 10,000 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the completion of the transaction, the chief executive officer now owns 91,368 shares in the company, valued at $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 have sold a total of 21,270 shares of company stock worth $10,165,972 in the last 90 days. 1.23% of the stock is owned by insiders.

Analyst Ratings Changes

CACI has been the subject of several research analyst reports. TD Cowen upped their price target on shares of CACI International from $435.00 to $480.00 and gave the company a “buy” rating in a research report on Friday, July 12th. Truist Financial increased their target price on shares of CACI International from $500.00 to $520.00 and gave the stock a “buy” rating in a research report on Thursday, September 5th. Wells Fargo & Company increased their target price on shares of CACI International from $525.00 to $577.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 1st. JPMorgan Chase & Co. increased their target price 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. Finally, Bank of America increased their target price on shares of CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a research report on Tuesday, September 17th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $485.60.

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.