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Is CACI International (CACI) Stock Outpacing Its Computer and Technology Peers This Year?

Zacks Equity Research

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has CACI International (CACI) 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 our Computer and Technology group, which includes 640 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

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 #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for CACI's full-year earnings has moved 2.31% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, CACI has moved about 32.33% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 23.98%. As we can see, CACI International is performing better than its sector in the calendar year.

Breaking things down more, CACI is a member of the Computer - Services industry, which includes 15 individual companies and currently sits at #35 in the Zacks Industry Rank. Stocks in this group have gained about 17.21% so far this year, so CACI is performing better this group in terms of year-to-date returns.

Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to CACI as it looks to continue its solid performance.


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