CACI International Inc (NYSE:CACI) Receives $515.67 Consensus PT from Analysts

CACI International Inc (NYSE:CACI) has received an average recommendation of “Moderate Buy” from the fourteen research firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $515.67.

A number of equities analysts have commented on CACI shares. UBS Group reissued a “buy” rating on shares of CACI International in a research note on Friday, April 25th. Jefferies Financial Group cut their price objective on shares of CACI International from $520.00 to $455.00 and set a “buy” rating on the stock in a report on Tuesday, March 25th. Barclays increased their price objective on shares of CACI International from $450.00 to $510.00 and gave the company an “overweight” rating in a report on Tuesday, April 29th. William Blair downgraded CACI International from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Finally, Cowen reissued a “buy” rating on shares of CACI International in a research note on Monday, April 28th.

Insider Buying and Selling

In other CACI International news, Director Debora A. Plunkett sold 309 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total transaction of $112,358.58. Following the sale, the director now directly owns 2,315 shares in the company, valued at approximately $841,780.30. This trade represents a 11.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 1.35% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CACI International

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. United Services Automobile Association acquired a new stake in shares of CACI International in the 1st quarter valued at about $553,000. Jones Financial Companies Lllp raised its stake in shares of CACI International by 344.7% in the 1st quarter. Jones Financial Companies Lllp now owns 885 shares of the information technology services provider’s stock valued at $325,000 after purchasing an additional 686 shares during the period. Baird Financial Group Inc. raised its position in CACI International by 3.4% in the 1st quarter. Baird Financial Group Inc. now owns 4,259 shares of the information technology services provider’s stock valued at $1,563,000 after buying an additional 141 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its position in CACI International by 3.8% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 49,355 shares of the information technology services provider’s stock valued at $18,109,000 after buying an additional 1,829 shares during the last quarter. Finally, MetLife Investment Management LLC raised its position in CACI International by 77.1% in the 1st quarter. MetLife Investment Management LLC now owns 22,363 shares of the information technology services provider’s stock valued at $8,205,000 after buying an additional 9,737 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

CACI International Stock Performance

NYSE:CACI opened at $477.49 on Friday. The firm’s fifty day simple moving average is $419.11 and its 200 day simple moving average is $419.58. The firm has a market capitalization of $10.50 billion, a PE ratio of 22.40, a PEG ratio of 1.01 and a beta of 0.67. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. CACI International has a 1 year low of $318.60 and a 1 year high of $588.26.

CACI International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share for the quarter, topping analysts’ consensus estimates of $5.53 by $0.70. The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.13 billion. CACI International had a net margin of 5.90% and a return on equity of 15.30%. The business’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $5.74 earnings per share. On average, sell-side analysts anticipate that CACI International will post 23.94 EPS for the current year.

About CACI International

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.