CACI International (NYSE:CACI) Announces Quarterly Earnings Results

Key Points

• CACI International reported a quarterly earnings per share (EPS) of $6.85, exceeding analysts' expectations of $6.27 by $0.58.
• During mid-day trading, CACI shares dropped $14.10 to reach a price of $519.59, with a market capitalization of $11.43 billion.
• Analysts have mixed ratings on CACI, with a consensus of "Moderate Buy" and a target price of $561.45, while recent reports showed upgrades and downgrades from various firms.

CACI International (NYSE:CACI - Get Free Report) posted its quarterly earnings data on Wednesday. The information technology services provider reported $6.85 earnings per share for the quarter, beating the consensus estimate of $6.20 by $0.65, Zacks reports. The business had revenue of $2.29 billion for the quarter, compared to analysts' expectations of $2.26 billion. CACI International had a return on equity of 15.84% and a net margin of 5.79%.The business's revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the firm posted $5.93 EPS. CACI International updated its FY 2026 guidance to 27.130-28.030 EPS.

CACI International Price Performance

Shares of NYSE CACI opened at $519.59 on Thursday. CACI International has a twelve month low of $318.60 and a twelve month high of $588.26. The firm has a market cap of $11.43 billion, a P/E ratio of 23.25, a PEG ratio of 2.01 and a beta of 0.63. The company has a 50 day moving average of $497.07 and a 200 day moving average of $470.99. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.73.

Insiders Place Their Bets

In other CACI International news, CEO John S. Mengucci sold 10,175 shares of the business's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $492.82, for a total transaction of $5,014,443.50. Following the completion of the sale, the chief executive officer directly owned 101,536 shares in the company, valued at approximately $50,038,971.52. The trade was a 9.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CACI International

A number of hedge funds have recently added to or reduced their stakes in CACI. EverSource Wealth Advisors LLC increased its stake in shares of CACI International by 595.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 146 shares of the information technology services provider's stock worth $70,000 after purchasing an additional 125 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of CACI International by 3.7% in the 2nd quarter. Baird Financial Group Inc. now owns 4,416 shares of the information technology services provider's stock worth $2,105,000 after purchasing an additional 157 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of CACI International by 344.7% in the 1st quarter. Jones Financial Companies Lllp now owns 885 shares of the information technology services provider's stock worth $325,000 after purchasing an additional 686 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of CACI International in the 2nd quarter worth $423,000. Finally, Redwood Investment Management LLC purchased a new stake in shares of CACI International in the 2nd quarter worth $1,366,000. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on CACI. UBS Group reaffirmed a "buy" rating and set a $614.00 price objective (up from $562.00) on shares of CACI International in a research report on Friday, August 8th. Jefferies Financial Group cut CACI International from a "buy" rating to a "hold" rating and dropped their price target for the stock from $570.00 to $535.00 in a research report on Wednesday, August 6th. Weiss Ratings reissued a "hold (c+)" rating on shares of CACI International in a research report on Wednesday, October 8th. Truist Financial set a $575.00 price target on CACI International in a research report on Friday, August 8th. Finally, The Goldman Sachs Group upgraded shares of CACI International from a "sell" rating to a "buy" rating and boosted their price objective for the stock from $407.00 to $544.00 in a report on Wednesday, August 13th. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $561.45.

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.