CACI International (NYSE:CACI) Coverage Initiated at UBS Group

Equities research analysts at UBS Group began coverage on shares of CACI International (NYSE:CACI) in a note issued to investors on Monday,Benzinga reports. The brokerage set a “buy” rating and a $557.00 price target on the information technology services provider’s stock. UBS Group’s target price indicates a potential upside of 21.12% from the company’s previous close.

CACI has been the subject of several other research reports. Barclays upped their price objective on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. Bank of America boosted their target price on shares of CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a report on Tuesday, September 17th. Raymond James cut shares of CACI International from an “outperform” rating to a “market perform” rating in a report on Monday, August 5th. JPMorgan Chase & Co. increased their price objective on CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Finally, Robert W. Baird boosted their target price on CACI International from $533.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $537.82.

CACI International Stock Performance

Shares of CACI stock opened at $459.88 on Monday. The business has a 50 day simple moving average of $515.01 and a 200 day simple moving average of $471.40. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. The firm has a market capitalization of $10.30 billion, a price-to-earnings ratio of 22.79, a price-to-earnings-growth ratio of 1.42 and a beta of 0.91. CACI International has a 12-month low of $314.06 and a 12-month high of $588.26.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.08 by $0.85. The firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. CACI International’s 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 EPS. On average, equities research analysts anticipate that CACI International will post 23.45 EPS for the current year.

Insider Buying and Selling at CACI International

In related news, insider Gregory R. Bradford sold 10,000 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $492.41, for a total value of $4,924,100.00. Following the transaction, the insider now owns 35,538 shares in the company, valued at approximately $17,499,266.58. This represents a 21.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.35% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Sumitomo Mitsui Trust Group Inc. acquired a new position in CACI International during the 3rd quarter worth $1,955,000. Comerica Bank increased its position in CACI International by 13.4% during the first quarter. Comerica Bank now owns 11,609 shares of the information technology services provider’s stock worth $4,398,000 after acquiring an additional 1,372 shares during the period. Segall Bryant & Hamill LLC raised its stake in CACI International by 3.7% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock valued at $34,179,000 after purchasing an additional 2,396 shares during the last quarter. Bridges Investment Management Inc. bought a new stake in CACI International in the 2nd quarter valued at $489,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of CACI International by 286.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,302 shares of the information technology services provider’s stock worth $657,000 after purchasing an additional 965 shares during the period. Institutional investors and hedge funds 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.