Brokerages Set CACI International Inc (NYSE:CACI) Target Price at $508.31

Shares of CACI International Inc (NYSE:CACI) have been given an average recommendation of “Moderate Buy” by the fourteen analysts that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, eleven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $525.25.

CACI has been the subject of several research reports. Jefferies Financial Group lowered their price objective on shares of CACI International from $520.00 to $455.00 and set a “buy” rating for the company in a research report on Tuesday, March 25th. TD Cowen lowered their price target on CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Wells Fargo & Company raised their price objective on CACI International from $438.00 to $513.00 and gave the stock an “overweight” rating in a report on Monday. StockNews.com lowered CACI International from a “buy” rating to a “hold” rating in a research report on Saturday, January 25th. Finally, Cowen reissued a “buy” rating on shares of CACI International in a research report on Monday.

Insider Buying and Selling at CACI International

In other news, Director Debora A. Plunkett sold 309 shares of the company’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total transaction of $112,358.58. Following the transaction, the director now directly owns 2,315 shares of the company’s stock, valued at approximately $841,780.30. This represents a 11.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.35% of the company’s stock.

Institutional Trading of CACI International

Institutional investors have recently made changes to their positions in the business. UMB Bank n.a. raised its stake in CACI International by 37.2% in the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after buying an additional 29 shares during the last quarter. GAMMA Investing LLC raised its position in shares of CACI International by 69.4% in the 4th 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. VSM Wealth Advisory LLC purchased a new position in shares of CACI International in the 4th quarter valued at approximately $69,000. Jones Financial Companies Lllp boosted its stake in CACI International by 452.8% in the 4th quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock worth $80,000 after purchasing an additional 163 shares in the last quarter. Finally, Central Pacific Bank Trust Division grew its position in CACI International by 44.1% during the 4th quarter. Central Pacific Bank Trust Division now owns 490 shares of the information technology services provider’s stock worth $198,000 after purchasing an additional 150 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

CACI International Price Performance

Shares of CACI stock opened at $449.54 on Tuesday. The stock has a 50 day moving average price of $383.16 and a 200 day moving average price of $427.07. CACI International has a 52-week low of $318.60 and a 52-week high of $588.26. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. The firm has a market capitalization of $10.08 billion, a P/E ratio of 21.09, a P/E/G ratio of 1.01 and a beta of 0.78.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share for the quarter, topping the consensus estimate of $5.53 by $0.70. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.13 billion. CACI International had a return on equity of 15.30% and a net margin of 5.90%. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the company earned $5.74 earnings per share. As a group, sell-side analysts predict that CACI International will post 23.94 earnings per share for the current year.

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.