CACI International (NYSE:CACI) Price Target Lowered to $503.00 at Wells Fargo & Company

CACI International (NYSE:CACI) had its price objective cut by Wells Fargo & Company from $564.00 to $503.00 in a report released on Wednesday morning,Benzinga reports. They currently have an overweight rating on the information technology services provider’s stock.

Several other equities research analysts have also recently issued reports on CACI. The Goldman Sachs Group cut CACI International from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $540.00 to $373.00 in a report on Thursday, December 12th. Barclays lifted their price objective on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. Robert W. Baird reiterated an “outperform” rating and set a $640.00 target price on shares of CACI International in a research report on Tuesday, December 17th. Raymond James raised shares of CACI International from a “market perform” rating to an “outperform” rating and set a $475.00 price target on the stock in a research note on Thursday, January 2nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $522.09.

CACI International Stock Performance

NYSE:CACI opened at $415.76 on Wednesday. The stock has a 50-day moving average price of $458.73 and a 200 day moving average price of $470.35. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. CACI International has a 12-month low of $321.85 and a 12-month high of $588.26. The stock has a market capitalization of $9.32 billion, a P/E ratio of 20.60, a P/E/G ratio of 1.33 and a beta of 0.87.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping the consensus estimate of $5.08 by $0.85. The firm had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.36 earnings per share. Equities research analysts forecast that CACI International will post 23.45 EPS for the current fiscal year.

Institutional Trading of CACI International

Institutional investors and hedge funds have recently made changes to their positions in the business. First Hawaiian Bank grew its holdings in shares of CACI International by 43.0% in the fourth quarter. First Hawaiian Bank now owns 3,668 shares of the information technology services provider’s stock worth $1,482,000 after purchasing an additional 1,103 shares during the last quarter. Central Pacific Bank Trust Division grew its stake in CACI International by 44.1% in the 4th quarter. Central Pacific Bank Trust Division now owns 490 shares of the information technology services provider’s stock worth $198,000 after acquiring an additional 150 shares in the last quarter. GAMMA Investing LLC increased its position in shares of CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after acquiring an additional 50 shares during the period. TD Private Client Wealth LLC raised its stake in shares of CACI International by 49.1% during the third quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider’s stock valued at $127,000 after acquiring an additional 83 shares in the last quarter. Finally, Toronto Dominion Bank purchased a new stake in shares of CACI International in the third quarter valued at approximately $184,000. 86.43% of the stock is currently owned by institutional investors.

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.