Jefferies Financial Group Comments on CACI INTERNATIONAL INC Common Stock’s FY2018 Earnings (CACI)

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CACI INTERNATIONAL INC Common Stock (NYSE:CACI) – Research analysts at Jefferies Financial Group boosted their FY2018 earnings per share (EPS) estimates for shares of CACI INTERNATIONAL INC Common Stock in a research report issued on Wednesday, June 20th, Zacks Investment Research reports. Jefferies Financial Group analyst S. Kahyaoglu now forecasts that the information technology services provider will earn $7.76 per share for the year, up from their prior forecast of $7.61. Jefferies Financial Group also issued estimates for CACI INTERNATIONAL INC Common Stock’s FY2019 earnings at $9.15 EPS.

Several other analysts also recently weighed in on the company. B. Riley boosted their target price on CACI INTERNATIONAL INC Common Stock from $150.00 to $165.00 and gave the company a “neutral” rating in a report on Friday, June 22nd. Raymond James cut CACI INTERNATIONAL INC Common Stock from a “strong-buy” rating to an “outperform” rating in a research report on Thursday, June 21st. Loop Capital boosted their price target on CACI INTERNATIONAL INC Common Stock to $188.00 and gave the company a “buy” rating in a research report on Thursday, June 21st. Zacks Investment Research cut CACI INTERNATIONAL INC Common Stock from a “buy” rating to a “hold” rating in a research report on Wednesday, June 20th. Finally, Noble Financial upgraded CACI INTERNATIONAL INC Common Stock from a “hold” rating to a “buy” rating in a research report on Friday, May 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $164.83.

CACI INTERNATIONAL INC Common Stock opened at $168.55 on Friday, Marketbeat Ratings reports. CACI INTERNATIONAL INC Common Stock has a fifty-two week low of $118.10 and a fifty-two week high of $174.80. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $4.15 billion, a PE ratio of 21.66, a PEG ratio of 2.16 and a beta of 1.43.

CACI INTERNATIONAL INC Common Stock (NYSE:CACI) last posted its earnings results on Wednesday, May 2nd. The information technology services provider reported $2.56 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.80 by $0.76. CACI INTERNATIONAL INC Common Stock had a return on equity of 10.20% and a net margin of 6.62%. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the business earned $1.61 EPS. The business’s quarterly revenue was up 3.5% on a year-over-year basis.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Point72 Asset Management L.P. acquired a new position in CACI INTERNATIONAL INC Common Stock during the 1st quarter worth approximately $7,401,000. ETF Managers Group LLC acquired a new position in CACI INTERNATIONAL INC Common Stock during the 1st quarter worth approximately $51,530,000. Element Capital Management LLC acquired a new position in CACI INTERNATIONAL INC Common Stock during the 1st quarter worth approximately $240,000. Bayesian Capital Management LP acquired a new position in CACI INTERNATIONAL INC Common Stock during the 1st quarter worth approximately $428,000. Finally, Mason Street Advisors LLC increased its position in CACI INTERNATIONAL INC Common Stock by 6.7% during the 1st quarter. Mason Street Advisors LLC now owns 6,832 shares of the information technology services provider’s stock worth $1,034,000 after purchasing an additional 428 shares during the period. Institutional investors own 89.10% of the company’s stock.

In other CACI INTERNATIONAL INC Common Stock news, CEO Kenneth Asbury sold 18,994 shares of the business’s stock in a transaction that occurred on Thursday, May 17th. The stock was sold at an average price of $164.20, for a total transaction of $3,118,814.80. Following the transaction, the chief executive officer now owns 58,700 shares in the company, valued at approximately $9,638,540. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.44% of the company’s stock.

About CACI INTERNATIONAL INC Common Stock

CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.

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Earnings History and Estimates for CACI INTERNATIONAL INC Common Stock (NYSE:CACI)

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