CACI International (NYSE:CACI – Get Free Report) had its price objective reduced by research analysts at Citigroup from $721.00 to $614.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the information technology services provider’s stock. Citigroup’s target price indicates a potential upside of 7.59% from the stock’s current price.
A number of other research firms have also issued reports on CACI. Stifel Nicolaus raised their price target on shares of CACI International from $670.00 to $765.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of CACI International in a research report on Monday, December 29th. Wells Fargo & Company began coverage on shares of CACI International in a research report on Wednesday. They issued an “overweight” rating and a $275.00 target price on the stock. Jefferies Financial Group boosted their target price on shares of CACI International from $670.00 to $690.00 and gave the stock a “hold” rating in a research note on Monday, March 16th. Finally, Truist Financial set a $800.00 price target on shares of CACI International in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, CACI International presently has a consensus rating of “Moderate Buy” and a consensus price target of $641.82.
Read Our Latest Analysis on CACI International
CACI International Stock Up 1.7%
CACI International (NYSE:CACI – Get Free Report) last posted its quarterly earnings results on Wednesday, January 21st. The information technology services provider reported $6.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.41 by $0.40. The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.28 billion. CACI International had a net margin of 5.77% and a return on equity of 15.93%. The business’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the company posted $5.95 earnings per share. CACI International has set its FY 2026 guidance at 28.250-28.920 EPS. On average, analysts forecast that CACI International will post 23.94 EPS for the current year.
Insiders Place Their Bets
In related news, EVP J William Koegel, Jr. sold 2,000 shares of the stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $615.06, for a total value of $1,230,120.00. Following the transaction, the executive vice president owned 25,931 shares of the company’s stock, valued at $15,949,120.86. This represents a 7.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Debora A. Plunkett sold 220 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $603.30, for a total transaction of $132,726.00. Following the sale, the director directly owned 2,428 shares in the company, valued at approximately $1,464,812.40. The trade was a 8.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.10% of the company’s stock.
Hedge Funds Weigh In On CACI International
Hedge funds have recently modified their holdings of the business. Elyxium Wealth LLC purchased a new stake in CACI International in the 4th quarter valued at $29,000. Eagle Bay Advisors LLC purchased a new stake in shares of CACI International in the fourth quarter valued at about $35,000. Root Financial Partners LLC purchased a new stake in shares of CACI International in the third quarter valued at about $38,000. V Square Quantitative Management LLC acquired a new stake in shares of CACI International during the fourth quarter worth about $39,000. Finally, Los Angeles Capital Management LLC purchased a new position in shares of CACI International during the fourth quarter worth about $54,000. 86.43% of the stock is currently owned by hedge funds and other institutional investors.
CACI International Company Profile
CACI International Inc is a leading provider of information solutions and services to the U.S. federal government, with a primary focus on defense, intelligence, homeland security and federal civilian agencies. The company delivers advanced technology and domain expertise to support mission-critical operations, offering capabilities in areas such as data analytics, cyber security, network integration, enterprise IT modernization and logistics support. By integrating software, hardware and professional services, CACI helps clients enhance situational awareness, improve decision making and maintain critical infrastructure resilience.
Founded in 1962 and headquartered in Arlington, Virginia, CACI has evolved from a small consulting operation into a global enterprise.
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