CACI International (NYSE:CACI) Stock Rating Lowered by StockNews.com

StockNews.com cut shares of CACI International (NYSE:CACI) from a buy rating to a hold rating in a research note published on Monday.

Several other equities research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. upped 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. Stifel Nicolaus raised shares of CACI International from a hold rating to a buy rating and upped their price target for the stock from $365.00 to $380.00 in a research report on Friday, January 5th. Jefferies Financial Group cut shares of CACI International from a buy rating to a hold rating and lowered their price target for the stock from $375.00 to $350.00 in a research report on Wednesday, January 3rd. Truist Financial upped their price target on shares of CACI International from $385.00 to $410.00 and gave the stock a buy rating in a research report on Tuesday, April 9th. Finally, Robert W. Baird upped their price target on shares of CACI International from $370.00 to $464.00 and gave the stock an outperform rating in a research report on Monday, April 8th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus target price of $396.27.

CACI International Price Performance

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

CACI International (NYSE:CACI) last released its quarterly earnings data 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 company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.84 billion. CACI International had a net margin of 5.31% and a return on equity of 13.65%. CACI International’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period last year, the firm earned $4.28 earnings per share. On average, research analysts forecast that CACI International will post 20.27 earnings per share for the current year.

Insider Activity at CACI International

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. ST Germain D J Co. Inc. acquired a new stake in shares of CACI International in the second quarter worth $41,000. Eagle Bay Advisors LLC increased its stake in shares of CACI International by 91.3% in the fourth quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock worth $43,000 after acquiring an additional 63 shares during the period. Brown Brothers Harriman & Co. increased its stake 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 acquiring an additional 93 shares during the period. Anchor Investment Management LLC acquired a new stake in shares of CACI International in the fourth quarter worth $152,000. Finally, Covestor Ltd increased its stake in shares of CACI International by 9.1% in the third quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock worth $170,000 after acquiring an additional 45 shares during the period. Institutional investors and hedge funds 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.