CACI International (NYSE:CACI) Announces Quarterly Earnings Results

CACI International (NYSE:CACI) issued its quarterly earnings data on Wednesday. The information technology services provider reported $5.95 EPS for the quarter, topping 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 Stock Performance

Shares of NYSE:CACI traded up $0.06 during trading on Wednesday, reaching $465.24. 659,081 shares of the stock were exchanged, compared to its average volume of 303,922. CACI International has a 12 month low of $326.60 and a 12 month high of $588.26. The stock has a 50-day moving average price of $437.77 and a 200-day moving average price of $471.57. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The firm has a market cap of $10.43 billion, a PE ratio of 23.05, a PEG ratio of 1.37 and a beta of 0.87.

Wall Street Analysts Forecast Growth

CACI has been the subject of a number of research reports. Wells Fargo & Company lowered their target price on CACI International from $564.00 to $503.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. UBS Group initiated coverage on shares of CACI International in a research report on Monday, December 2nd. They set a “buy” rating and a $557.00 price objective for the company. The Goldman Sachs Group cut shares of CACI International from a “neutral” rating to a “sell” rating and cut their price objective for the company from $540.00 to $373.00 in a research report on Thursday, December 12th. Truist Financial lowered their target price on CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a report on Friday, November 22nd. Finally, Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price objective on the stock in a research report on Thursday, January 16th. One analyst has rated the stock with a sell rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price 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.