Wells Fargo Securities Report Highlights CACI EBITDA Milestone, Capgemini-Altran Deal, Accenture Earnings Guidance

Ed Caso

A new Wells Fargo Securities report says CACI International (NYSE: CACI) has reached the milestone of 10 percent earnings before interest, tax, depreciation and amortization margin. WFS Managing Director Ed Caso and Associate Analyst Justin Donati forecast that an improvement in win rates will drive organic growth at the Arlington, Va.-based company.

Caso and Donati also noted that Capgemini‘s planned acquisition of Paris-based engineering consultancy Altran Technologies for approximately $4.1B would help the future combined company establish a presence in the internet and high-technology markets as digital technology becomes mainstream for global enterprises.

In the same report, they said Accenture‘s (NYSE: ACN) fiscal third-quarter results exceeded expectations and that the company raised its fiscal 2019 earnings guidance.

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