Brokerages Set Caci International Inc (NYSE:CACI) Target Price at $215.58

Caci International Inc (NYSE:CACI) has earned an average rating of “Buy” from the thirteen ratings firms that are currently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $224.50.

Several research firms have recently commented on CACI. Wells Fargo & Co raised their price objective on shares of Caci International from $225.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, June 20th. Citigroup lowered shares of Caci International from a “buy” rating to a “neutral” rating and raised their price objective for the company from $200.00 to $230.00 in a research note on Tuesday, July 9th. Cowen reissued a “buy” rating and issued a $195.00 price objective on shares of Caci International in a research note on Thursday, May 2nd. ValuEngine lowered shares of Caci International from a “buy” rating to a “hold” rating in a research note on Saturday, June 22nd. Finally, Credit Suisse Group raised their price objective on shares of Caci International from $179.00 to $212.00 and gave the company a “neutral” rating in a research note on Tuesday, May 7th.

CACI stock traded up $5.37 during mid-day trading on Tuesday, hitting $208.36. 216,900 shares of the company were exchanged, compared to its average volume of 186,090. The company has a quick ratio of 1.54, a current ratio of 1.49 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $5.05 billion, a P/E ratio of 19.92, a PEG ratio of 1.69 and a beta of 1.33. The business has a fifty day simple moving average of $211.64 and a 200-day simple moving average of $195.86. Caci International has a 12-month low of $138.39 and a 12-month high of $219.95.

Caci International (NYSE:CACI) last announced its earnings results on Wednesday, August 14th. The information technology services provider reported $1.96 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.12 by ($0.16). Caci International had a return on equity of 11.61% and a net margin of 5.33%. The company had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period last year, the business earned $2.05 EPS. The company’s quarterly revenue was up 17.4% compared to the same quarter last year. Research analysts predict that Caci International will post 12.02 EPS for the current year.

In other Caci International news, CFO Thomas A. Mutryn sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $206.00, for a total transaction of $412,000.00. Following the sale, the chief financial officer now owns 35,650 shares of the company’s stock, valued at $7,343,900. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director James Gilmore III sold 207 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $203.18, for a total transaction of $42,058.26. Following the sale, the director now directly owns 13,818 shares in the company, valued at approximately $2,807,541.24. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,707 shares of company stock worth $556,538. 1.51% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Private Capital Group LLC raised its holdings in Caci International by 18.0% during the first quarter. Private Capital Group LLC now owns 360 shares of the information technology services provider’s stock worth $66,000 after purchasing an additional 55 shares in the last quarter. Advisor Partners LLC grew its position in shares of Caci International by 4.9% during the second quarter. Advisor Partners LLC now owns 1,281 shares of the information technology services provider’s stock worth $262,000 after acquiring an additional 60 shares during the last quarter. Miles Capital Inc. grew its position in shares of Caci International by 3.6% during the second quarter. Miles Capital Inc. now owns 1,770 shares of the information technology services provider’s stock worth $362,000 after acquiring an additional 61 shares during the last quarter. Crossmark Global Holdings Inc. grew its position in shares of Caci International by 2.9% during the first quarter. Crossmark Global Holdings Inc. now owns 2,677 shares of the information technology services provider’s stock worth $487,000 after acquiring an additional 76 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its position in shares of Caci International by 1.4% during the second quarter. Oregon Public Employees Retirement Fund now owns 10,029 shares of the information technology services provider’s stock worth $2,052,000 after acquiring an additional 142 shares during the last quarter. 89.17% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for Caci International (NYSE:CACI)

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