CACI International Inc.
) made a few noteworthy advancements concerning outlook projections
and buy-back activities. The company's Fiscal Year 2012 guidance
was reiterated and its Fiscal Year 2013 outlook was declared along
with the launch of a new share repurchase program.
Outlook Reiteration and Future Projection
For fiscal 2012, CACI International continues to expect net
revenues of $3.73 billion - $3.83 billion, net income of $163
million - $169 million with diluted EPS of $5.80 - $6.01. A tax
rate of 39.5% is projected for the full fiscal year.
Along with its forecast for the current fiscal year, management
found it fit to declare projections for the upcoming fiscal year
2013 as well. Net revenues are expected to be within $3.8 billion -
$4.0 billion, net income is expected to fall in the range of $160
million - $167 million with diluted EPS of $6.60 - $6.90.
Tax rate for the full year is projected to be at 39.5%. Nearly
$225 million is expected to be generated as cash flow by the end of
Share Repurchase Program
A new share repurchase program was launched today by management
to repurchase 4 million shares of its common stock. This marked the
second repurchase authorization in the fiscal year 2012, first of
which was of completed in May 2012 with buy-back of a total of 4
We find it quite laudatory that the company has an ambitious and
perspicacious eye for making advances. While the 2013 outlook
projections are a clear sign of ambition and determination, its
current fiscal year guidance revision denotes that its short-term
goals are equally important. Another aspect towards which
management never loses focus is returning optimum value to
investors, which shows its interest towards retaining their valued
confidence and faith.
With its current state of affairs, the company appears to be in
quite a formidable position to grapple with its peers in the
industry. However, big players to remain wary of include
The KEYW Holding Corporation
The company currently retains a Zacks #3 Rank, which translates
into a short-term 'Hold' rating. We also have a 'Neutral'
recommendation on the company's stock.
CACI INTL A (CACI): Free Stock Analysis Report
(EBIC): ETF Research Reports
KEYW HOLDING CP (KEYW): Free Stock Analysis
SYNTEL INC (SYNT): Free Stock Analysis Report
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