CACI International (NYSE:CACI) Rating Increased to Strong-Buy at Cantor Fitzgerald

Cantor Fitzgerald upgraded shares of CACI International (NYSE:CACI) to a strong-buy rating in a research note released on Thursday,Zacks.com reports.

Several other equities analysts have also recently issued reports on CACI. UBS Group assumed coverage on CACI International in a research report on Monday, December 2nd. They set a “buy” rating and a $557.00 target price on the stock. Barclays raised their target price on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. Robert W. Baird restated an “outperform” rating and set a $640.00 target price on shares of CACI International in a research report on Tuesday, December 17th. Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price for the company in a report on Thursday, January 16th. Finally, Truist Financial decreased their price target on CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $526.23.

CACI International Price Performance

Shares of CACI opened at $376.59 on Thursday. CACI International has a fifty-two week low of $350.33 and a fifty-two week high of $588.26. The firm has a 50-day simple moving average of $418.89 and a 200-day simple moving average of $467.39. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. The company has a market capitalization of $8.44 billion, a price-to-earnings ratio of 17.66, a price-to-earnings-growth ratio of 1.12 and a beta of 0.87.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, beating analysts’ consensus estimates of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. On average, equities research analysts anticipate that CACI International will post 24.41 earnings per share for the current year.

Institutional Investors Weigh In On CACI International

Several institutional investors have recently bought and sold shares of the business. First Horizon Advisors Inc. lifted its position in CACI International by 40.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after acquiring an additional 18 shares in the last quarter. UMB Bank n.a. lifted its position in shares of CACI International by 81.4% during the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock worth $39,000 after purchasing an additional 35 shares during the last quarter. Coastline Trust Co acquired a new position in shares of CACI International in the 3rd quarter worth approximately $45,000. GAMMA Investing LLC grew its position in shares of CACI International by 69.4% during the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after buying an additional 50 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in CACI International by 452.8% in the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock valued at $80,000 after buying an additional 163 shares during the last quarter. 86.43% of the stock is currently owned by hedge funds and other 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.