Cantor Fitzgerald Begins Coverage on CACI International (NYSE:CACI)

Equities researchers at Cantor Fitzgerald began coverage on shares of CACI International (NYSE:CACI) in a research note issued on Friday,Briefing.com Automated Import reports. The brokerage set an “overweight” rating and a $535.00 price target on the information technology services provider’s stock. Cantor Fitzgerald’s price target points to a potential upside of 42.96% from the company’s current price.

Other analysts also recently issued reports about the company. The Goldman Sachs Group downgraded CACI International from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $540.00 to $373.00 in a research report on Thursday, December 12th. Jefferies Financial Group upgraded CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price on the stock in a research report on Thursday, January 16th. Barclays increased their target price on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Truist Financial reduced their target price on CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Finally, UBS Group began coverage on CACI International in a research report on Monday, December 2nd. They set a “buy” rating and a $557.00 target price on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, CACI International presently has an average rating of “Moderate Buy” and a consensus price target of $526.23.

CACI International Stock Down 1.5 %

Shares of NYSE:CACI opened at $374.24 on Friday. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. CACI International has a 52-week low of $349.67 and a 52-week high of $588.26. The stock’s fifty day simple moving average is $420.56 and its 200-day simple moving average is $467.91. The company has a market capitalization of $8.39 billion, a P/E ratio of 17.55, a P/E/G ratio of 1.12 and a beta of 0.87.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. As a group, equities research analysts forecast that CACI International will post 24.41 earnings per share for the current fiscal year.

Institutional Investors Weigh In On CACI International

A number of large investors have recently modified their holdings of CACI. First Horizon Advisors Inc. grew its stake in shares of CACI International by 40.0% in the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after buying an additional 18 shares in the last quarter. UMB Bank n.a. boosted its holdings in CACI International by 81.4% in the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after purchasing an additional 35 shares during the last quarter. Coastline Trust Co purchased a new position in CACI International in the third quarter valued at about $45,000. GAMMA Investing LLC boosted its holdings 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 purchasing an additional 50 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in CACI International by 452.8% in the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock valued at $80,000 after purchasing an additional 163 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

CACI International Company Profile

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.