CACI International (NYSE:CACI) Price Target Lowered to $480.00 at Wells Fargo & Company

CACI International (NYSE:CACI) had its price objective lowered by Wells Fargo & Company from $536.00 to $480.00 in a research note released on Wednesday morning,Benzinga reports. The firm currently has an overweight rating on the information technology services provider’s stock.

Several other equities analysts have also issued reports on CACI. William Blair lowered CACI International from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Truist Financial reduced their price target on shares of CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Raymond James restated an “outperform” rating and issued a $490.00 price objective (up previously from $475.00) on shares of CACI International in a report on Thursday, January 23rd. Cantor Fitzgerald raised shares of CACI International to a “strong-buy” rating in a research note on Tuesday. Finally, Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price on the stock in a report on Thursday, January 16th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, CACI International presently has a consensus rating of “Moderate Buy” and a consensus target price of $521.92.

CACI International Trading Down 0.4 %

NYSE CACI opened at $331.01 on Wednesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52. The stock has a market capitalization of $7.42 billion, a P/E ratio of 15.53, a PEG ratio of 1.01 and a beta of 0.87. The firm’s 50-day moving average is $395.15 and its two-hundred day moving average is $457.38. CACI International has a 12 month low of $318.60 and a 12 month high of $588.26.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, topping the consensus estimate 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, sell-side analysts anticipate that CACI International will post 23.94 earnings per share for the current year.

Hedge Funds Weigh In On CACI International

Institutional investors and hedge funds have recently made changes to their positions in the stock. First Horizon Advisors Inc. lifted its stake in shares of CACI International by 40.0% in the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 18 shares during the period. UMB Bank n.a. lifted its position in shares of CACI International by 37.2% during the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 29 shares during the period. Coastline Trust Co acquired a new stake in shares of CACI International during the 3rd quarter valued at approximately $45,000. GAMMA Investing LLC boosted its stake 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 worth $49,000 after acquiring an additional 50 shares in the last quarter. Finally, VSM Wealth Advisory LLC acquired a new stake in shares of CACI International in the 4th quarter worth approximately $69,000. 86.43% of the stock is owned by institutional investors and hedge funds.

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.