CACI International (NYSE:CACI) Given New $480.00 Price Target at TD Cowen

CACI International (NYSE:CACI) had its price target decreased by TD Cowen from $610.00 to $480.00 in a research report released on Wednesday,Benzinga reports. TD Cowen currently has a buy rating on the information technology services provider’s stock.

Other equities research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. increased their target price on shares of CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. Barclays lifted their target price on shares of CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. Bank of America increased their price target on CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a research report on Tuesday, September 17th. UBS Group started coverage on CACI International in a research report on Monday, December 2nd. They issued a “buy” rating and a $557.00 price objective for the company. Finally, Truist Financial decreased their target price on CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a report on Friday, November 22nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $522.09.

CACI International Stock Performance

NYSE:CACI opened at $415.76 on Wednesday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. The firm has a 50-day moving average price of $458.73 and a 200 day moving average price of $470.35. The firm has a market capitalization of $9.32 billion, a PE ratio of 20.60, a price-to-earnings-growth ratio of 1.33 and a beta of 0.87. CACI International has a 12-month low of $321.85 and a 12-month high of $588.26.

CACI International (NYSE:CACI) last posted 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. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The business had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter last year, the company earned $4.36 EPS. CACI International’s revenue was up 11.2% on a year-over-year basis. Research analysts anticipate that CACI International will post 23.45 earnings per share for the current fiscal year.

Institutional Trading of CACI International

Several institutional investors and hedge funds have recently bought and sold shares of the stock. First Hawaiian Bank boosted its holdings in shares of CACI International by 43.0% in the 4th quarter. First Hawaiian Bank now owns 3,668 shares of the information technology services provider’s stock valued at $1,482,000 after buying an additional 1,103 shares during the last quarter. Central Pacific Bank Trust Division lifted its stake in CACI International by 44.1% in the fourth quarter. Central Pacific Bank Trust Division now owns 490 shares of the information technology services provider’s stock valued at $198,000 after acquiring an additional 150 shares during the last quarter. GAMMA Investing LLC lifted its stake in CACI International by 69.4% in the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after acquiring an additional 50 shares during the last quarter. TD Private Client Wealth LLC increased its stake in shares of CACI International by 49.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider’s stock worth $127,000 after purchasing an additional 83 shares during the last quarter. Finally, Toronto Dominion Bank bought a new stake in shares of CACI International in the 3rd quarter valued at about $184,000. Institutional investors own 86.43% of the company’s stock.

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.