Back to top

Analyst Blog

CACI International Inc (CACI - Analyst Report) recently announced the completion of Six3 Systems, Inc acquisition for $820 million from GTCR, a private equity firm.

Six3 Systems is a high-end national security and defense intelligence services provider focused on developing and acquiring specialized capabilities that cater to the intelligence community, Department of Defense and civilian security agencies.   

With this acquisition, CACI expands its customer base and its presence in high-growth Cyberspace market as well as builds on its capabilities in the high-volume command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) markets. The acquisition will further help to develop high-end next generation solutions for national security needs and expand the company’s market opportunities by approximately $15 billion.

This transaction is expected to be at least 5% accretive to CACI’s GAAP earnings per share in 2014 and at least 10% accretive to adjusted earnings per share.

Moving ahead, CACI intends to expand in new markets, increase new business developments, drive operational excellence and continue with acquisitions to further increase its market share and create long-term value for its shareholders.

Based in Arlington, VA, CACI delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks; enhance data collection and analysis; and increase efficiency and mission effectiveness.

CACI currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth considering in the industry include Lionbridge Technologies Inc (LIOX - Snapshot Report), carrying a Zacks Rank #1 (Strong Buy),  Carbonite, Inc (CARB - Snapshot Report) and Computer Science Corp. (CSC - Analyst Report), both carrying a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
TRIQUINT SE… TQNT 20.67 +6.65%
RF MICRO DE… RFMD 12.46 +5.91%
VASCO DATA… VDSI 14.84 +5.17%
CHYRONHEGO… CHYR 2.85 +4.78%
STRATTEC SE… STRT 81.23 +4.27%