CACI International Inc (NYSE:CACI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

CACI International Inc (NYSE:CACI) has been given an average rating of “Moderate Buy” by the eleven analysts that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $535.90.

A number of brokerages recently weighed in on CACI. Barclays upped their target price on shares of CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. Truist Financial reduced their price objective on CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a research report on Friday, November 22nd. JPMorgan Chase & Co. boosted their target price on CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research note on Wednesday, October 2nd. Raymond James cut shares of CACI International from an “outperform” rating to a “market perform” rating in a research note on Monday, August 5th. Finally, The Goldman Sachs Group boosted their price objective on shares of CACI International from $471.00 to $520.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th.

Insider Buying and Selling at CACI International

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the transaction, the insider now owns 35,538 shares of the company’s stock, valued at $17,499,266.58. The trade was a 21.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.35% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Lazard Asset Management LLC acquired a new stake in CACI International during the 1st quarter valued at $653,000. Kennedy Capital Management LLC grew its stake in CACI International by 39.9% in the 1st quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider’s stock valued at $3,135,000 after buying an additional 2,359 shares during the last quarter. Comerica Bank raised its holdings in CACI International by 13.4% in the 1st quarter. Comerica Bank now owns 11,609 shares of the information technology services provider’s stock valued at $4,398,000 after acquiring an additional 1,372 shares during the period. LRI Investments LLC acquired a new stake in CACI International during the first quarter worth approximately $293,000. Finally, M&R Capital Management Inc. boosted its holdings in shares of CACI International by 487.2% during the second quarter. M&R Capital Management Inc. now owns 16,930 shares of the information technology services provider’s stock worth $7,282,000 after acquiring an additional 14,047 shares during the period. 86.43% of the stock is currently owned by institutional investors.

CACI International Stock Down 2.6 %

Shares of CACI International stock opened at $460.30 on Friday. CACI International has a 1 year low of $314.06 and a 1 year high of $588.26. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market capitalization of $10.32 billion, a P/E ratio of 22.81, a price-to-earnings-growth ratio of 1.44 and a beta of 0.91. The business has a 50-day moving average of $516.70 and a two-hundred day moving average of $470.98.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping the consensus estimate of $5.08 by $0.85. The firm had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The business’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period last year, the company posted $4.36 EPS. As a group, equities analysts predict that CACI International will post 23.45 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.