CACI International Inc (NYSE:CACI) Receives Average Rating of “Moderate Buy” from Analysts

CACI International Inc (NYSE:CACI) has earned a consensus recommendation of “Moderate Buy” from the twelve analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $524.45.

A number of research analysts have weighed in on CACI shares. Barclays increased their price target on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. Truist Financial reduced their target price on CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. The Goldman Sachs Group cut CACI International from a “neutral” rating to a “sell” rating and lowered their price target for the company from $540.00 to $373.00 in a report on Thursday, December 12th. Robert W. Baird reiterated an “outperform” rating and set a $640.00 price objective on shares of CACI International in a report on Tuesday, December 17th. Finally, JPMorgan Chase & Co. boosted their target price on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a report on Wednesday, October 2nd.

Hedge Funds Weigh In On CACI International

A number of institutional investors have recently modified their holdings of CACI. Geode Capital Management LLC grew its holdings in CACI International by 5.0% in the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after buying an additional 22,823 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of CACI International by 1.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider’s stock valued at $146,623,000 after acquiring an additional 5,610 shares during the period. Van ECK Associates Corp grew its stake in shares of CACI International by 42.5% in the third quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock worth $60,917,000 after acquiring an additional 34,647 shares during the last quarter. Segall Bryant & Hamill LLC increased its position in CACI International by 3.7% during the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock worth $34,179,000 after acquiring an additional 2,396 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in shares of CACI International by 37.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock worth $29,745,000 after purchasing an additional 15,961 shares during the period. Institutional investors own 86.43% of the company’s stock.

CACI International Trading Down 0.0 %

Shares of CACI International stock opened at $404.88 on Wednesday. CACI International has a 1 year low of $314.06 and a 1 year high of $588.26. 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 business has a 50 day moving average price of $487.42 and a 200 day moving average price of $472.06. The company has a market capitalization of $9.07 billion, a P/E ratio of 20.06, a P/E/G ratio of 1.33 and a beta of 0.85.

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

About CACI International

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.