CACI International (NYSE:CACI) PT Raised to $430.00

CACI International (NYSE:CACI) had its target price upped by analysts at Stifel Nicolaus from $390.00 to $430.00 in a report released on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the information technology services provider’s stock. Stifel Nicolaus’ price target would indicate a potential upside of 13.39% from the stock’s previous close.

CACI has been the topic of a number of other reports. Truist Financial lifted their price objective on shares of CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a report on Tuesday, April 9th. The Goldman Sachs Group lifted their price objective on shares of CACI International from $379.00 to $425.00 and gave the company a “neutral” rating in a report on Tuesday, April 16th. Robert W. Baird lifted their price objective on shares of CACI International from $370.00 to $464.00 and gave the company an “outperform” rating in a report on Monday, April 8th. StockNews.com downgraded shares of CACI International from a “buy” rating to a “hold” rating in a report on Monday, April 15th. Finally, JPMorgan Chase & Co. boosted their target price on shares of CACI International from $375.00 to $383.00 and gave the stock an “overweight” rating in a report on Tuesday, February 6th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, CACI International has an average rating of “Moderate Buy” and an average target price of $400.82.

CACI International Stock Performance

Shares of CACI stock opened at $379.21 on Tuesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.32 and a current ratio of 1.32. The company has a market capitalization of $8.45 billion, a P/E ratio of 22.97, a price-to-earnings-growth ratio of 1.87 and a beta of 0.89. The company’s 50 day moving average price is $371.27 and its two-hundred day moving average price is $344.37. CACI International has a 52 week low of $293.69 and a 52 week high of $385.70.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, January 24th. The information technology services provider reported $4.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.50 by ($0.14). CACI International had a net margin of 5.31% and a return on equity of 13.65%. The business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same quarter last year, the business earned $4.28 earnings per share. CACI International’s revenue for the quarter was up 11.2% on a year-over-year basis. On average, analysts expect that CACI International will post 20.27 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other CACI International news, EVP J William Koegel, Jr. sold 500 shares of CACI International stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total transaction of $188,740.00. Following the completion of the transaction, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other CACI International news, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction on Monday, February 12th. The shares were sold at an average price of $361.69, for a total transaction of $54,253.50. Following the completion of the transaction, the director now directly owns 6,446 shares of the company’s stock, valued at $2,331,453.74. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP J William Koegel, Jr. sold 500 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total transaction of $188,740.00. Following the completion of the sale, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On CACI International

A number of institutional investors have recently modified their holdings of the business. Confluence Wealth Services Inc. bought a new stake in shares of CACI International in the first quarter valued at about $237,000. Running Oak Capital LLC boosted its position in shares of CACI International by 10.6% in the first quarter. Running Oak Capital LLC now owns 30,101 shares of the information technology services provider’s stock valued at $11,403,000 after acquiring an additional 2,883 shares during the period. M&R Capital Management Inc. bought a new stake in shares of CACI International in the first quarter valued at about $1,092,000. Ophir Asset Management Pty Ltd boosted its position in shares of CACI International by 12.9% in the fourth quarter. Ophir Asset Management Pty Ltd now owns 66,359 shares of the information technology services provider’s stock valued at $21,491,000 after acquiring an additional 7,596 shares during the period. Finally, Pinebridge Investments L.P. raised its stake in CACI International by 75.0% in the fourth quarter. Pinebridge Investments L.P. now owns 8,980 shares of the information technology services provider’s stock valued at $2,908,000 after purchasing an additional 3,848 shares in the last quarter. Institutional investors own 86.43% of the company’s stock.

CACI International Company Profile

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.