CACI International (NYSE:CACI) Price Target Increased to $425.00 by Analysts at The Goldman Sachs Group

CACI International (NYSE:CACI) had its price target hoisted by stock analysts at The Goldman Sachs Group from $379.00 to $425.00 in a research report issued on Tuesday, Benzinga reports. The brokerage currently has a “neutral” rating on the information technology services provider’s stock. The Goldman Sachs Group’s price objective would indicate a potential upside of 17.24% from the company’s previous close.

Several other research analysts have also issued reports on CACI. StockNews.com lowered shares of CACI International from a “buy” rating to a “hold” rating in a research note on Monday. Truist Financial increased their price target on shares of CACI International from $385.00 to $410.00 and gave the stock a “buy” rating in a research note on Tuesday, April 9th. Robert W. Baird raised their price objective on shares of CACI International from $370.00 to $464.00 and gave the company an “outperform” rating in a research note on Monday, April 8th. Wells Fargo & Company raised their price objective on shares of CACI International from $387.00 to $410.00 and gave the company an “overweight” rating in a research note on Thursday, April 4th. Finally, JPMorgan Chase & Co. raised their price objective on shares of CACI International from $375.00 to $383.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $396.27.

CACI International Stock Down 0.9 %

Shares of CACI International stock opened at $362.51 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 1.32. The company has a 50-day moving average of $370.15 and a 200 day moving average of $342.45. The firm has a market cap of $8.08 billion, a price-to-earnings ratio of 21.96, a PEG ratio of 1.82 and a beta of 0.89. CACI International has a 1 year low of $293.69 and a 1 year high of $382.65.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, January 24th. The information technology services provider reported $4.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.50 by ($0.14). The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.84 billion. CACI International had a return on equity of 13.65% and a net margin of 5.31%. The firm’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.28 earnings per share. As a group, sell-side analysts anticipate that CACI International will post 20.27 earnings per share for the current fiscal year.

Insider Transactions at CACI International

In other news, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the sale, the director now directly owns 6,446 shares in the company, valued at $2,331,453.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP J William Koegel, Jr. sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total value of $188,740.00. Following the transaction, the executive vice president now owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gregory G. Johnson sold 150 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $361.69, for a total transaction of $54,253.50. Following the completion of the transaction, the director now directly owns 6,446 shares in the company, valued at approximately $2,331,453.74. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On CACI International

A number of institutional investors and hedge funds have recently made changes to their positions in CACI. Zions Bancorporation N.A. boosted its holdings in shares of CACI International by 37.3% in the first quarter. Zions Bancorporation N.A. now owns 2,762 shares of the information technology services provider’s stock worth $832,000 after buying an additional 751 shares during the last quarter. Brown Brothers Harriman & Co. boosted its holdings in shares of CACI International by 47.7% in the first quarter. Brown Brothers Harriman & Co. now owns 288 shares of the information technology services provider’s stock worth $87,000 after buying an additional 93 shares during the last quarter. Neuberger Berman Group LLC boosted its holdings in shares of CACI International by 43.8% in the first quarter. Neuberger Berman Group LLC now owns 1,911 shares of the information technology services provider’s stock worth $576,000 after buying an additional 582 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of CACI International by 435.5% in the second quarter. Captrust Financial Advisors now owns 4,943 shares of the information technology services provider’s stock worth $1,393,000 after buying an additional 4,020 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of CACI International by 0.9% in the third quarter. Public Employees Retirement System of Ohio now owns 13,625 shares of the information technology services provider’s stock worth $3,557,000 after buying an additional 122 shares during the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.

CACI International Company Profile

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.