CACI International (NYSE:CACI) Raised to “Strong-Buy” at Cantor Fitzgerald

CACI International (NYSE:CACI) was upgraded by Cantor Fitzgerald to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other research firms also recently commented on CACI. TD Cowen cut their price objective on CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. StockNews.com downgraded CACI International from a “buy” rating to a “hold” rating in a report on Saturday, January 25th. Wells Fargo & Company raised their target price on CACI International from $503.00 to $536.00 and gave the company an “overweight” rating in a report on Friday, January 24th. Robert W. Baird reiterated an “outperform” rating and set a $640.00 target price on shares of CACI International in a report on Tuesday, December 17th. Finally, 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. One analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, CACI International has an average rating of “Moderate Buy” and an average price target of $526.23.

CACI International Stock Up 1.5 %

Shares of NYSE:CACI opened at $332.05 on Tuesday. The stock’s 50-day moving average price is $396.59 and its two-hundred day moving average price is $458.27. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. CACI International has a 12-month low of $318.60 and a 12-month high of $588.26. The firm has a market cap of $7.44 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 1.01 and a beta of 0.87.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, topping analysts’ consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. On average, research analysts forecast that CACI International will post 23.94 EPS for the current year.

Institutional Investors Weigh In On CACI International

Several hedge funds and other institutional investors have recently bought and sold shares of CACI. Toronto Dominion Bank grew its position in shares of CACI International by 261.5% in the 4th quarter. Toronto Dominion Bank now owns 1,316 shares of the information technology services provider’s stock worth $531,000 after acquiring an additional 952 shares in the last quarter. Studio Investment Management LLC grew its position in shares of CACI International by 22.4% in the 4th quarter. Studio Investment Management LLC now owns 1,670 shares of the information technology services provider’s stock worth $675,000 after acquiring an additional 306 shares in the last quarter. Lazard Asset Management LLC grew its position in shares of CACI International by 62.3% in the 4th quarter. Lazard Asset Management LLC now owns 14,214 shares of the information technology services provider’s stock worth $5,741,000 after acquiring an additional 5,458 shares in the last quarter. Ethic Inc. grew its position in shares of CACI International by 110.5% in the 4th quarter. Ethic Inc. now owns 1,745 shares of the information technology services provider’s stock worth $705,000 after acquiring an additional 916 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in shares of CACI International by 149.3% in the 4th quarter. Captrust Financial Advisors now owns 2,052 shares of the information technology services provider’s stock worth $829,000 after acquiring an additional 1,229 shares in 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.