CACI International, Inc. (CACI) – What Are Investment Firms Thinking About This Stock?

Shares of CACI International, Inc. (NYSE:CACI) have received a consensus rating of “Moderate Buy” from the eleven research firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $727.70.

Several analysts recently commented on the stock. Citigroup upped their price target on shares of CACI International from $648.00 to $689.00 and gave the company a “neutral” rating in a research report on Wednesday, October 7th. Wells Fargo & Company reissued an “overweight” rating and set a $715.00 price objective on shares of CACI International in a research report on Monday, August 10th. Wall Street Zen raised shares of CACI International from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Weiss Ratings lowered shares of CACI International from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday. Finally, Stifel Nicolaus upped their target price on shares of CACI International from $892.00 to $925.00 and gave the company a “buy” rating in a report on Friday, October 23rd.

Hedge Funds Weigh In On CACI International

Several institutional investors have recently added to or reduced their stakes in the stock. Westport Asset Management Inc. acquired a new stake in shares of CACI International in the 2nd quarter worth $2,316,000. Public Employees Retirement System of Ohio purchased a new position in CACI International during the second quarter worth about $2,887,000. Quantitative Investment Management LLC purchased a new position in CACI International during the second quarter worth about $658,000. Argent Capital Management LLC purchased a new position in CACI International during the first quarter worth about $5,158,000. Finally, California State Teachers Retirement System lifted its position in CACI International by 22.6% in the first quarter. California State Teachers Retirement System now owns 25,494 shares of the information technology services provider’s stock valued at $13,865,000 after purchasing an additional 4,696 shares during the period. Institutional investors and hedge funds own 86.43% of the company’s stock.

CACI International Stock Performance

Shares of CACI stock opened at $674.48 on Friday. The stock’s 50-day moving average is $624.92 and its two-hundred day moving average is $569.67. The firm has a market cap of $14.98 billion, a price-to-earnings ratio of 27.69, a PEG ratio of 2.18 and a beta of 0.59. CACI International has a 1 year low of $434.70 and a 1 year high of $689.15. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.61 and a current ratio of 1.61.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, October 21st. The information technology services provider reported $7.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.57 by $1.09. The firm had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.51 billion. CACI International had a return on equity of 15.56% and a net margin of 5.55%. The business’s revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned $6.85 EPS. Analysts predict that CACI International will post 33.50 earnings per share for the current year.

About CACI International

CACI International Inc is a professional services and information technology company that provides mission-critical solutions to government customers, primarily in the United States. The company supports defense, intelligence, homeland security, and federal civilian agencies with expertise in areas such as enterprise IT, data analytics, artificial intelligence, cybersecurity, and software development.

CACI also delivers capabilities for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR), electronic warfare, signals intelligence, and other national security missions.