CACI International logged a 0.1% change during today's morning session, and is now trading at a price of $297.84 per share. The S&P 500 index moved -0.0% and the Nasdaq posted a -1.0% change.
CACI International shares moved -2.3% over the last 52 weeks, with a high of $319.33 and a low of $245.32. During this time, the stock outperformed the S&P 500 index by 7.0%. As of January 2022, the company's 50-day average price is $295.0. CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates in two segments, Domestic Operations and International Operations. The mid-cap Technology company has 22,000 full time employees and is based in Reston, VA. CACI International has not offered any dividends in the last year.
The Company Has a Steady Stream of Strong Cash Flows:
| 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 | |
|---|---|---|---|---|
| Revenue | $4,986,341 | $5,720,042 | $6,044,135 | $6,202,917 |
| Gross Margins | 7.6% | 8.0% | 8.9% | 8.0% |
| Operating Margins | 7.6% | 8.0% | 8.9% | 8.0% |
| Net Income | $265,604 | $321,480 | $457,443 | $366,794 |
| Net Margins | 5.33% | 5.62% | 7.57% | 5.91% |
| Earnings Per Share | $10.46 | $12.61 | $18.3 | $15.67 |
| Diluted Shares | 25,395 | 25,485 | 24,992 | 23,508 |
| Free Cash Flow | $507,395 | $446,402 | $519,086 | $670,990 |
| Capital Expenditures | -$47,902 | -$72,303 | -$73,129 | -$74,564 |
| Net Current Assets | -$1,683,857 | -$1,795,276 | -$2,175,918 | -$2,366,250 |
| Current Ratio | 1.49 | 1.41 | 1.5 | 1.18 |
| Long Term Debt | $1,618,093 | $1,357,519 | $1,688,919 | $1,702,148 |
| Net Debt / EBITDA | 3.44 | 2.28 | 2.48 | 2.56 |
CACI International Is Fairly Priced at Current Levels:
Compared to the Technology sector's average of 27.16, CACI International has a trailing twelve month P/E ratio of 19.0 and, according to its EPS guidance of 20.03, an expected P/E ratio of 14.9. CACI International's PEG ratio is 0.95 based on its 17.6% compound average growth rate of historical and projected earnings per share. This suggests that the company's shares are undervalued.
Furthermore, CACI International is likely undervalued in terms of its equity because its P/B ratio is 2.2 compared to its sector average of 6.23. The company's shares are currently trading 41.4% above their fair value as expressed by Benjamin Graham's formula:
√(22.5 * 4-year average EPS * book value per share) = √(22.5 * 14.26 * 138.256) = $210.62
CACI International Is the Subject of Mixed Market Indicators:
11 analysts are following CACI International and have set target prices ranging from $305.0 to $365.0 per share. On average, they have given the company a rating of buy. At the current price of $297.84, CACI is trading -11.64% away from its average analyst target price of $337.09 per share, implying an analyst consensus of some upside potential for the stock.
The company has an average amount of shares sold short since 2.6% of the company's shares are tied to short positions. Institutions own 89.2% of CACI International's shares, while the insider ownership rate stands at 1.59%. The biggest shareholder is the Vanguard Group, Inc. with a 10% stake in the company worth approximately $698,353,183.
