Advertisement
UK markets close in 5 hours 12 minutes
  • FTSE 100

    8,137.35
    -9.51 (-0.12%)
     
  • FTSE 250

    20,126.03
    +5.67 (+0.03%)
     
  • AIM

    775.68
    -0.36 (-0.05%)
     
  • GBP/EUR

    1.1829
    -0.0016 (-0.14%)
     
  • GBP/USD

    1.2664
    -0.0022 (-0.17%)
     
  • Bitcoin GBP

    51,908.49
    -467.46 (-0.89%)
     
  • CMC Crypto 200

    1,359.35
    -28.81 (-2.08%)
     
  • S&P 500

    5,431.60
    -2.14 (-0.04%)
     
  • DOW

    38,589.16
    -57.94 (-0.15%)
     
  • CRUDE OIL

    78.40
    -0.05 (-0.06%)
     
  • GOLD FUTURES

    2,335.80
    -13.30 (-0.57%)
     
  • NIKKEI 225

    38,102.44
    -712.12 (-1.83%)
     
  • HANG SENG

    17,936.12
    -5.66 (-0.03%)
     
  • DAX

    18,029.20
    +27.18 (+0.15%)
     
  • CAC 40

    7,510.92
    +7.65 (+0.10%)
     

Why CACI International (CACI) is a Top Stock for the Long-Term

Building an investment portfolio from scratch can be difficult, especially if you're new to investing. It's easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start.

Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.

Why You Should Pay Attention to CACI International (CACI)

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.

ADVERTISEMENT

On December 2, 2015, CACI was added to the Zacks Focus List at $103.31 per share. Shares have increased 312.08% to $425.72 since then.

For fiscal 2024, seven analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.11 to $20.35. CACI boasts an average earnings surprise of 1.7%.

Earnings for CACI International are forecasted to see growth of 8.1% for the current fiscal year as well.

It can be very profitable to buy stocks with rising earnings estimates, as stock prices respond to revisions. By adding a Focus List stock like CACI, there's a great chance you'll be getting into a company whose future earnings estimates will be raised, which can lead to price momentum.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

CACI International, Inc. (CACI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research