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CACI International (CACI) Boasts Earnings & Price Momentum: Should You Buy?

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Breaking Down the Zacks Focus List

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Focus List Methodology

When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.

Earnings estimates are expectations of growth and profitability, and are determined by brokerage analysts. Together with company management, these analysts examine every aspect that may affect future earnings, like interest rates, the economy, and sector and industry optimism.

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The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts.

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Focus List Spotlight: CACI International (CACI - Free Report)

Based in Reston, VA, CACI International 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. The company’s solutions enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.

On December 2, 2015, CACI was added to the Focus List at $103.31 per share. Shares have increased 238.19% to $349.38 since then, and the company is a #3 (Hold) on the Zacks Rank.

Five analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.13 to $20.18. CACI also boasts an average earnings surprise of 2.2%.

Additionally, CACI's earnings are expected to grow 7.2% for the current fiscal year.

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