CACI International, Inc. (CACI) Downgraded by BidaskClub to Sell

BidaskClub cut shares of CACI International, Inc. (NYSE:CACI) from a hold rating to a sell rating in a research report released on Tuesday.

CACI has been the topic of several other research reports. Noble Financial restated a buy rating on shares of CACI International in a research note on Monday, November 13th. Zacks Investment Research cut CACI International from a buy rating to a hold rating in a research note on Wednesday, August 16th. Cowen and Company reiterated a buy rating and set a $152.00 price objective on shares of CACI International in a research note on Thursday, October 12th. FBR & Co reissued a neutral rating and set a $123.00 target price on shares of CACI International in a report on Sunday, August 20th. Finally, Jefferies Group LLC reissued a buy rating and set a $154.00 target price on shares of CACI International in a report on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of $146.60.

CACI International (NYSE:CACI) opened at $125.20 on Tuesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.53 and a quick ratio of 1.53. CACI International has a 12-month low of $112.10 and a 12-month high of $147.31. The stock has a market capitalization of $3,039.48, a P/E ratio of 18.34, a P/E/G ratio of 1.79 and a beta of 1.61.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, November 1st. The information technology services provider reported $1.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.52 by $0.15. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. CACI International had a return on equity of 9.57% and a net margin of 3.87%. CACI International’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.47 EPS. research analysts anticipate that CACI International will post 6.9 earnings per share for the current fiscal year.

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In related news, Director Charles P. Revoile sold 750 shares of the company’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of $127.28, for a total transaction of $95,460.00. Following the completion of the sale, the director now directly owns 31,583 shares in the company, valued at approximately $4,019,884.24. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Gregory G. Johnson sold 400 shares of the company’s stock in a transaction on Monday, August 28th. The stock was sold at an average price of $125.25, for a total value of $50,100.00. Following the sale, the director now owns 4,817 shares of the company’s stock, valued at $603,329.25. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,806 shares of company stock worth $1,016,310. 1.44% of the stock is currently owned by insiders.

Several hedge funds have recently made changes to their positions in CACI. Sterling Capital Management LLC raised its position in CACI International by 0.4% in the third quarter. Sterling Capital Management LLC now owns 212,520 shares of the information technology services provider’s stock valued at $29,615,000 after purchasing an additional 779 shares during the last quarter. California Public Employees Retirement System raised its position in CACI International by 5.8% in the third quarter. California Public Employees Retirement System now owns 69,871 shares of the information technology services provider’s stock valued at $9,737,000 after purchasing an additional 3,851 shares during the last quarter. Eagle Asset Management Inc. raised its position in CACI International by 0.3% in the third quarter. Eagle Asset Management Inc. now owns 140,425 shares of the information technology services provider’s stock valued at $19,968,000 after purchasing an additional 473 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its position in CACI International by 2.0% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 19,529 shares of the information technology services provider’s stock valued at $2,721,000 after purchasing an additional 392 shares during the last quarter. Finally, American International Group Inc. raised its position in CACI International by 5.7% in the third quarter. American International Group Inc. now owns 19,345 shares of the information technology services provider’s stock valued at $2,696,000 after purchasing an additional 1,051 shares during the last quarter. Institutional investors and hedge funds own 85.50% of the company’s stock.

CACI International Company Profile

CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.

Analyst Recommendations for CACI International (NYSE:CACI)

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