TD Cowen Raises CACI International (NYSE:CACI) Price Target to $435.00

CACI International (NYSE:CACI) had its price target hoisted by TD Cowen from $400.00 to $435.00 in a research report released on Monday, Benzinga reports. TD Cowen currently has a buy rating on the information technology services provider’s stock.

Several other equities analysts have also recently weighed in on the stock. Wells Fargo & Company raised their target price on shares of CACI International from $410.00 to $468.00 and gave the company an overweight rating in a research note on Tuesday, April 30th. 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 research report on Tuesday, April 9th. The Goldman Sachs Group raised their target price on shares of CACI International from $379.00 to $425.00 and gave the company a neutral rating in a research note on Tuesday, April 16th. Robert W. Baird boosted their price target on CACI International from $370.00 to $464.00 and gave the stock an outperform rating in a research report on Monday, April 8th. Finally, Barclays upped their price objective on CACI International from $400.00 to $450.00 and gave the company an overweight rating in a research note on Tuesday, April 30th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of $415.45.

CACI International Stock Performance

Shares of CACI opened at $422.82 on Monday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.48. CACI International has a 12 month low of $293.69 and a 12 month high of $427.52. The firm has a fifty day simple moving average of $380.47 and a 200 day simple moving average of $349.92. The stock has a market capitalization of $9.43 billion, a price-to-earnings ratio of 24.43, a PEG ratio of 1.97 and a beta of 0.85.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share for the quarter, beating the consensus estimate of $5.55 by $0.19. CACI International had a return on equity of 13.80% and a net margin of 5.37%. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter last year, the company earned $4.92 EPS. CACI International’s revenue for the quarter was up 11.1% compared to the same quarter last year. Research analysts forecast that CACI International will post 20.36 EPS for the current fiscal year.

Insider Activity at CACI International

In other CACI International news, EVP J William Koegel, Jr. sold 500 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total transaction of $188,740.00. Following the transaction, the executive vice president now owns 23,385 shares in the company, valued at approximately $8,827,369.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other CACI International news, 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 value of $188,740.00. Following the completion of the sale, the executive vice president now owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gregory G. Johnson sold 150 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $361.69, for a total transaction of $54,253.50. Following the transaction, the director now directly owns 6,446 shares in the company, valued at $2,331,453.74. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by corporate insiders.

Institutional Trading of CACI International

Several large investors have recently modified their holdings of CACI. Eagle Bay Advisors LLC raised its stake in CACI International by 91.3% in the fourth quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 63 shares in the last quarter. Anchor Investment Management LLC bought a new position in CACI International in the 4th quarter valued at about $152,000. Covestor Ltd raised its position in shares of CACI International by 9.1% in the 3rd quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock valued at $170,000 after buying an additional 45 shares in the last quarter. HTLF Bank bought a new stake in shares of CACI International during the 1st quarter worth approximately $229,000. Finally, Confluence Wealth Services Inc. acquired a new stake in shares of CACI International during the 1st quarter worth approximately $237,000. 86.43% of the stock is owned by institutional investors and hedge funds.

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.