CACI International (NYSE:CACI) Sets New 1-Year High – Here’s What Happened

CACI International, Inc. (NYSE:CACI) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $606.40 and last traded at $608.0580, with a volume of 29440 shares. The stock had previously closed at $597.25.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CACI. JPMorgan Chase & Co. lifted their price target on shares of CACI International from $575.00 to $645.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. Raymond James Financial restated a “market perform” rating on shares of CACI International in a report on Friday, August 8th. Truist Financial upped their target price on shares of CACI International from $600.00 to $735.00 and gave the stock a “buy” rating in a research note on Friday, November 14th. Stifel Nicolaus set a $670.00 target price on CACI International in a report on Thursday, October 23rd. Finally, TD Cowen lifted their price target on CACI International from $550.00 to $620.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Thirteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, CACI International currently has a consensus rating of “Moderate Buy” and a consensus price target of $618.00.

CACI International Stock Performance

The company has a market capitalization of $13.29 billion, a price-to-earnings ratio of 26.57, a P/E/G ratio of 2.04 and a beta of 0.63. The stock’s 50 day moving average price is $539.76 and its 200 day moving average price is $494.55. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.67.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, October 22nd. The information technology services provider reported $6.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.20 by $0.65. The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.26 billion. CACI International had a return on equity of 15.92% and a net margin of 5.70%.CACI International’s revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.93 earnings per share. CACI International has set its FY 2026 guidance at 27.130-28.030 EPS. Analysts expect that CACI International, Inc. will post 23.94 earnings per share for the current year.

Insider Activity

In other news, CEO John S. Mengucci sold 10,175 shares of CACI International stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $492.82, for a total transaction of $5,014,443.50. Following the completion of the transaction, the chief executive officer directly owned 101,536 shares in the company, valued at approximately $50,038,971.52. The trade was a 9.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CACI International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors grew its position in shares of CACI International by 3.3% in the third quarter. Captrust Financial Advisors now owns 55,915 shares of the information technology services provider’s stock valued at $27,889,000 after purchasing an additional 1,801 shares during the last quarter. Danske Bank A S acquired a new stake in shares of CACI International during the third quarter worth $1,245,000. Dark Forest Capital Management LP lifted its holdings in shares of CACI International by 53.4% during the third quarter. Dark Forest Capital Management LP now owns 16,592 shares of the information technology services provider’s stock worth $8,276,000 after buying an additional 5,777 shares in the last quarter. FWL Investment Management LLC boosted its position in shares of CACI International by 10.8% in the third quarter. FWL Investment Management LLC now owns 19,195 shares of the information technology services provider’s stock valued at $9,574,000 after acquiring an additional 1,874 shares during the period. Finally, Public Employees Retirement System of Ohio grew its stake in shares of CACI International by 0.4% in the third quarter. Public Employees Retirement System of Ohio now owns 7,292 shares of the information technology services provider’s stock valued at $3,637,000 after acquiring an additional 32 shares in the last quarter. 86.43% of the stock is owned by institutional investors.

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.