CACI International Inc (NYSE:CACI) Receives $537.20 Average PT from Brokerages

CACI International Inc (NYSE:CACI) has been given a consensus rating of “Moderate Buy” by the eleven analysts that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $537.20.

CACI has been the topic of a number of research analyst reports. Robert W. Baird increased their price objective on shares of CACI International from $533.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Wells Fargo & Company increased their price objective on shares of CACI International from $525.00 to $577.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 1st. TD Cowen increased their price objective on shares of CACI International from $545.00 to $570.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Truist Financial cut their price objective on shares of CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Barclays increased their price objective on shares of CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th.

CACI International Stock Performance

Shares of CACI opened at $464.60 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $10.41 billion, a P/E ratio of 23.02, a price-to-earnings-growth ratio of 1.45 and a beta of 0.91. The firm’s fifty day simple moving average is $516.95 and its two-hundred day simple moving average is $470.67. CACI International has a 12 month low of $314.06 and a 12 month high of $588.26.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, beating analysts’ consensus estimates of $5.08 by $0.85. The business had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.36 earnings per share. As a group, analysts predict that CACI International will post 23.47 EPS for the current year.

Insider Buying and Selling at CACI International

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the sale, the insider now owns 35,538 shares in the company, valued at approximately $17,499,266.58. This trade represents a 21.96 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP J William Koegel, Jr. sold 970 shares of the stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $483.27, for a total transaction of $468,771.90. Following the completion of the sale, the executive vice president now owns 22,651 shares of the company’s stock, valued at approximately $10,946,548.77. This trade represents a 4.11 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.35% of the company’s stock.

Institutional Investors Weigh In On CACI International

Several large investors have recently modified their holdings of the stock. Geode Capital Management LLC increased its stake in shares of CACI International by 5.0% during the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock worth $243,386,000 after purchasing an additional 22,823 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in CACI International by 1.7% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider’s stock worth $146,623,000 after buying an additional 5,610 shares during the period. Van ECK Associates Corp boosted its holdings in CACI International by 42.5% in the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock worth $60,917,000 after buying an additional 34,647 shares during the period. Segall Bryant & Hamill LLC boosted its holdings in CACI International by 3.7% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock worth $34,179,000 after buying an additional 2,396 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in CACI International by 37.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock worth $29,745,000 after buying an additional 15,961 shares during the period. Hedge funds and other institutional investors own 86.43% of the company’s stock.

CACI International Company Profile

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.