CACI International’s (NYSE:CACI) Buy Rating Reaffirmed at Noble Financial

Noble Financial restated their buy rating on shares of CACI International (NYSE:CACI) in a research note released on Monday, November 13th.

A number of other equities research analysts have also issued reports on the stock. Zacks Investment Research lowered shares of CACI International from a buy rating to a hold rating in a research note on Monday, October 23rd. BidaskClub lowered shares of CACI International from a hold rating to a sell rating in a research note on Thursday, September 14th. ValuEngine lowered shares of CACI International from a buy rating to a hold rating in a research note on Tuesday, October 10th. SunTrust Banks reiterated a hold rating and set a $134.00 price objective on shares of CACI International in a research note on Friday, October 20th. Finally, Maxim Group dropped their price objective on shares of CACI International from $161.00 to $159.00 and set a buy rating on the stock in a research note on Thursday, August 31st. Two research analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $147.00.

Shares of CACI International (CACI) traded down $0.95 during trading on Monday, reaching $131.00. 143,526 shares of the company were exchanged, compared to its average volume of 136,998. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.60. CACI International has a 12-month low of $112.10 and a 12-month high of $147.31. The stock has a market cap of $3,248.75, a PE ratio of 19.61, a price-to-earnings-growth ratio of 1.91 and a beta of 1.57.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, November 1st. The information technology services provider reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.15. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. CACI International had a net margin of 3.87% and a return on equity of 9.57%. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.47 EPS. analysts predict that CACI International will post 6.91 earnings per share for the current year.

In other CACI International news, Director Charles P. Revoile sold 750 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $127.28, for a total value of $95,460.00. Following the completion of the sale, the director now owns 31,583 shares in the company, valued at approximately $4,019,884.24. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Thomas A. Mutryn sold 6,165 shares of the stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $131.28, for a total transaction of $809,341.20. Following the completion of the sale, the chief financial officer now owns 37,555 shares of the company’s stock, valued at approximately $4,930,220.40. The disclosure for this sale can be found here. Insiders have sold 7,006 shares of company stock valued at $916,090 over the last 90 days. 1.44% of the stock is currently owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in CACI. Riverhead Capital Management LLC raised its holdings in shares of CACI International by 66.5% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,332 shares of the information technology services provider’s stock valued at $167,000 after purchasing an additional 532 shares in the last quarter. Miles Capital Inc. acquired a new stake in CACI International in the 2nd quarter worth $211,000. World Asset Management Inc grew its position in CACI International by 0.3% in the 2nd quarter. World Asset Management Inc now owns 1,800 shares of the information technology services provider’s stock worth $225,000 after purchasing an additional 6 shares during the last quarter. SG Americas Securities LLC grew its position in CACI International by 8.6% in the 2nd quarter. SG Americas Securities LLC now owns 1,800 shares of the information technology services provider’s stock worth $225,000 after purchasing an additional 142 shares during the last quarter. Finally, Dubuque Bank & Trust Co. grew its position in CACI International by 9.0% in the 2nd quarter. Dubuque Bank & Trust Co. now owns 2,123 shares of the information technology services provider’s stock worth $265,000 after purchasing an additional 175 shares during the last quarter. Institutional investors own 88.46% of the company’s stock.

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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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