Caci International Inc (NYSE:CACI) Director William S. Wallace sold 67 shares of the stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $196.82, for a total transaction of $13,186.94. Following the sale, the director now owns 10,005 shares in the company, valued at approximately $1,969,184.10. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of CACI stock traded up $4.00 during trading hours on Thursday, hitting $206.19. 5,183 shares of the company’s stock traded hands, compared to its average volume of 176,468. The company has a market capitalization of $4.90 billion, a P/E ratio of 26.30, a PEG ratio of 1.86 and a beta of 1.56. Caci International Inc has a 12 month low of $138.39 and a 12 month high of $207.77. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.54 and a current ratio of 1.54.
Caci International (NYSE:CACI) last released its quarterly earnings results on Wednesday, May 1st. The information technology services provider reported $2.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.30 by $0.39. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.24 billion. Caci International had a net margin of 5.59% and a return on equity of 11.80%. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.56 earnings per share. As a group, sell-side analysts forecast that Caci International Inc will post 10.62 earnings per share for the current fiscal year.
Several hedge funds have recently added to or reduced their stakes in CACI. Geode Capital Management LLC raised its stake in Caci International by 7.0% during the fourth quarter. Geode Capital Management LLC now owns 303,691 shares of the information technology services provider’s stock worth $43,739,000 after buying an additional 19,892 shares during the last quarter. Securian Asset Management Inc bought a new stake in Caci International in the fourth quarter valued at $446,000. HL Financial Services LLC bought a new stake in Caci International in the fourth quarter valued at $3,150,000. Advisor Partners LLC increased its stake in Caci International by 5.0% in the fourth quarter. Advisor Partners LLC now owns 1,493 shares of the information technology services provider’s stock valued at $215,000 after purchasing an additional 71 shares in the last quarter. Finally, James Investment Research Inc. bought a new stake in Caci International in the fourth quarter valued at $1,008,000. 89.86% of the stock is owned by hedge funds and other institutional investors.
A number of brokerages have weighed in on CACI. ValuEngine upgraded shares of Caci International from a “hold” rating to a “buy” rating in a research report on Friday, May 3rd. Cowen restated a “buy” rating and issued a $195.00 target price on shares of Caci International in a research report on Thursday, May 2nd. Goldman Sachs Group began coverage on shares of Caci International in a research report on Thursday, May 9th. They issued a “buy” rating and a $260.00 target price on the stock. Credit Suisse Group raised their target price on shares of Caci International from $179.00 to $212.00 and gave the company a “neutral” rating in a research report on Tuesday, May 7th. Finally, Vertical Research upgraded shares of Caci International from a “buy” rating to a “top pick” rating in a research report on Wednesday, March 13th. Six research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $202.31.
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Caci International Company Profile
CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.
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