TD Cowen Increases CACI International (NYSE:CACI) Price Target to $435.00

CACI International (NYSE:CACI) had its target price hoisted by TD Cowen from $400.00 to $435.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm presently has a “buy” rating on the information technology services provider’s stock. TD Cowen’s price objective would suggest a potential upside of 3.32% from the stock’s current price.

Other research analysts also recently issued reports about the company. Stifel Nicolaus lifted their target price on CACI International from $390.00 to $430.00 and gave the stock a “buy” rating in a report on Tuesday, April 23rd. Wells Fargo & Company upped their target price on CACI International from $410.00 to $468.00 and gave the company an “overweight” rating in a report on Tuesday, April 30th. Truist Financial increased their target price on shares of CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a research report on Tuesday, April 9th. JPMorgan Chase & Co. boosted their price target on shares of CACI International from $375.00 to $383.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th. Finally, Barclays increased their price objective on shares of CACI International from $400.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 30th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, CACI International currently has an average rating of “Moderate Buy” and a consensus target price of $415.45.

CACI International Trading Down 0.6 %

Shares of CACI stock opened at $421.04 on Monday. CACI International has a twelve month low of $293.69 and a twelve month high of $427.52. The stock’s fifty day simple moving average is $379.46 and its 200 day simple moving average is $349.40. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $9.39 billion, a P/E ratio of 24.32, a P/E/G ratio of 1.97 and a beta of 0.85.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 EPS for the quarter, topping the consensus estimate of $5.55 by $0.19. CACI International had a net margin of 5.37% and a return on equity of 13.80%. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same period last year, the company earned $4.92 EPS. The firm’s revenue was up 11.1% compared to the same quarter last year. As a group, sell-side analysts predict that CACI International will post 20.36 EPS for the current fiscal year.

Insider Buying and Selling at CACI International

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vaughan Nelson Investment Management L.P. increased its holdings in CACI International by 0.8% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 145,141 shares of the information technology services provider’s stock worth $45,563,000 after buying an additional 1,139 shares during the last quarter. California Public Employees Retirement System increased its stake in shares of CACI International by 0.5% during the 3rd quarter. California Public Employees Retirement System now owns 129,405 shares of the information technology services provider’s stock worth $40,624,000 after purchasing an additional 630 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. raised its holdings in shares of CACI International by 21.4% in the 1st quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 82,741 shares of the information technology services provider’s stock worth $31,345,000 after purchasing an additional 14,602 shares during the period. Ophir Asset Management Pty Ltd raised its holdings in shares of CACI International by 12.9% in the 4th quarter. Ophir Asset Management Pty Ltd now owns 66,359 shares of the information technology services provider’s stock worth $21,491,000 after purchasing an additional 7,596 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH purchased a new position in CACI International in the fourth quarter valued at approximately $18,360,000. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

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.