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Is CACI International (CACI) Outperforming Other Computer and Technology Stocks This Year?

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For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has CACI International (CACI - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

CACI International is a member of the Computer and Technology sector. This group includes 645 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. CACI is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for CACI's full-year earnings has moved 1.87% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, CACI has moved about 22.84% on a year-to-date basis. Meanwhile, the Computer and Technology sector has returned an average of 11.42% on a year-to-date basis. This means that CACI International is outperforming the sector as a whole this year.

Looking more specifically, CACI belongs to the Computer - Services industry, a group that includes 15 individual stocks and currently sits at #25 in the Zacks Industry Rank. On average, this group has gained an average of 13.91% so far this year, meaning that CACI is performing better in terms of year-to-date returns.

Investors with an interest in Computer and Technology stocks should continue to track CACI. The stock will be looking to continue its solid performance.


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