CACI International (NYSE:CACI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of CACI International (NYSE:CACI – Free Report) from a hold rating to a buy rating in a research report report published on Saturday,Wall Street Zen reports.

A number of other analysts have also recently weighed in on the company. Citigroup increased their price objective on CACI International from $648.00 to $689.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 7th. Cantor Fitzgerald boosted their target price on CACI International from $675.00 to $785.00 and gave the company an “overweight” rating in a report on Wednesday, October 21st. BNP Paribas Exane cut CACI International from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $675.00 to $540.00 in a research note on Tuesday, October 6th. Stifel Nicolaus upped their price target on CACI International from $892.00 to $925.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $715.00 price target on shares of CACI International in a report on Monday, August 10th. Nine analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $726.70.

Read Our Latest Stock Analysis on CACI

CACI International Stock Up 4.9%

CACI International stock opened at $665.30 on Friday. CACI International has a 1-year low of $434.70 and a 1-year high of $683.50. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.61 and a quick ratio of 1.61. The stock has a market cap of $14.78 billion, a PE ratio of 27.31, a P/E/G ratio of 2.06 and a beta of 0.59. The stock’s fifty day moving average is $623.65 and its two-hundred day moving average is $568.03.

CACI International (NYSE:CACI – Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The information technology services provider reported $7.66 earnings per share for the quarter, beating analysts’ consensus estimates of $6.57 by $1.09. CACI International had a net margin of 5.55% and a return on equity of 15.56%. The firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.51 billion. During the same period in the previous year, the company earned $6.85 earnings per share. CACI International’s quarterly revenue was up 8.2% compared to the same quarter last year. On average, sell-side analysts expect that CACI International will post 33.43 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bogart Wealth LLC raised its position in CACI International by 2,350.0% in the first quarter. Bogart Wealth LLC now owns 49 shares of the information technology services provider’s stock worth $27,000 after acquiring an additional 47 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of CACI International during the 2nd quarter worth $32,000. First Bancorp Inc ME purchased a new stake in shares of CACI International during the 2nd quarter worth $32,000. Root Financial Partners LLC acquired a new position in shares of CACI International during the 3rd quarter worth $41,000. Finally, SBI Securities Co. Ltd. grew its stake in shares of CACI International by 53.4% during the 3rd quarter. SBI Securities Co. Ltd. now owns 89 shares of the information technology services provider’s stock worth $54,000 after purchasing an additional 31 shares during the period. Institutional investors and hedge funds own 86.43% of the company’s stock.

Key Headlines Impacting CACI International

Here are the key news stories impacting CACI International this week:

CACI International Company Profile

(Get Free Report)

CACI International Inc is a professional services and information technology company that provides mission-critical solutions to government customers, primarily in the United States. The company supports defense, intelligence, homeland security, and federal civilian agencies with expertise in areas such as enterprise IT, data analytics, artificial intelligence, cybersecurity, and software development.

CACI also delivers capabilities for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR), electronic warfare, signals intelligence, and other national security missions.

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