Cantor Fitzgerald Forecasts Strong Price Appreciation for CACI International (NYSE:CACI) Stock

CACI International (NYSE:CACI) had its price objective hoisted by research analysts at Cantor Fitzgerald from $675.00 to $785.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the information technology services provider’s stock. Cantor Fitzgerald’s target price suggests a potential upside of 29.51% from the stock’s current price.

A number of other equities analysts have also commented on the stock. UBS Group lifted their price target on shares of CACI International from $598.00 to $804.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Weiss Ratings upgraded CACI International from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, October 13th. BNP Paribas Exane downgraded CACI International from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $675.00 to $540.00 in a report on Tuesday, October 6th. JPMorgan Chase & Co. raised their target price on CACI International from $645.00 to $715.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $715.00 target price on shares of CACI International in a research report on Monday, August 10th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CACI International currently has an average rating of “Moderate Buy” and an average price target of $710.36.

CACI International Stock Down 1.7%

NYSE:CACI opened at $606.13 on Wednesday. CACI International has a one year low of $434.70 and a one year high of $683.50. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.48 and a quick ratio of 1.48. The company has a market cap of $13.40 billion, a PE ratio of 25.10, a P/E/G ratio of 2.00 and a beta of 0.59. The firm’s 50 day simple moving average is $625.77 and its 200 day simple moving average is $550.24.

CACI International (NYSE:CACI) last announced its quarterly earnings results on Wednesday, August 5th. The information technology services provider reported $8.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.39 by $1.52. CACI International had a net margin of 5.60% and a return on equity of 15.65%. The firm had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same period in the prior year, the company posted $8.40 EPS. The company’s revenue was up 17.6% on a year-over-year basis. CACI International has set its FY 2027 guidance at 32.960-33.860 EPS. On average, research analysts anticipate that CACI International will post 33.42 earnings per share for the current year.

Hedge Funds Weigh In On CACI International

Several institutional investors have recently made changes to their positions in the stock. Bogart Wealth LLC raised its holdings in shares of CACI International by 2,350.0% during the first quarter. Bogart Wealth LLC now owns 49 shares of the information technology services provider’s stock valued at $27,000 after purchasing an additional 47 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of CACI International in the 2nd quarter valued at about $32,000. First Bancorp Inc ME acquired a new stake in shares of CACI International in the 2nd quarter valued at about $32,000. Pinnacle Holdings LLC acquired a new stake in shares of CACI International in the 2nd quarter valued at about $56,000. Finally, Versant Capital Management Inc increased its position in CACI International by 44.4% in the 3rd quarter. Versant Capital Management Inc now owns 117 shares of the information technology services provider’s stock valued at $71,000 after buying an additional 36 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

CACI International Company Profile

CACI International Inc is a professional services and information technology company that provides mission-critical solutions to government customers, primarily in the United States. The company supports defense, intelligence, homeland security, and federal civilian agencies with expertise in areas such as enterprise IT, data analytics, artificial intelligence, cybersecurity, and software development.

CACI also delivers capabilities for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR), electronic warfare, signals intelligence, and other national security missions.