CACI International (NYSE:CACI) Stock Rating Upgraded by StockNews.com

CACI International (NYSE:CACIGet Rating) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a report issued on Thursday.

Several other equities research analysts have also weighed in on CACI. Wells Fargo & Company boosted their target price on CACI International from $310.00 to $329.00 and gave the stock an “overweight” rating in a report on Thursday, March 24th. Barclays boosted their target price on CACI International from $300.00 to $340.00 and gave the stock an “overweight” rating in a report on Monday, April 25th. Raymond James raised CACI International from a “market perform” rating to an “outperform” rating and set a $300.00 price target on the stock in a research report on Monday, January 31st. Morgan Stanley lifted their price target on CACI International from $286.00 to $311.00 and gave the stock an “equal weight” rating in a research report on Friday, March 18th. Finally, The Goldman Sachs Group downgraded CACI International from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $304.00 to $336.00 in a research report on Wednesday, April 13th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, CACI International currently has a consensus rating of “Buy” and a consensus price target of $321.00.

CACI opened at $256.67 on Thursday. The business has a 50 day moving average price of $289.22 and a 200 day moving average price of $276.45. CACI International has a twelve month low of $238.29 and a twelve month high of $313.52. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.29 and a current ratio of 1.29. The firm has a market cap of $6.01 billion, a P/E ratio of 14.83, a price-to-earnings-growth ratio of 3.61 and a beta of 0.98.

CACI International (NYSE:CACIGet Rating) last posted its earnings results on Wednesday, April 27th. The information technology services provider reported $4.64 earnings per share for the quarter, missing the consensus estimate of $4.79 by ($0.15). CACI International had a return on equity of 16.52% and a net margin of 6.71%. The company had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter last year, the firm posted $5.28 earnings per share. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, analysts anticipate that CACI International will post 17.8 earnings per share for the current fiscal year.

In other CACI International news, Director William S. Wallace sold 137 shares of the company’s stock in a transaction on Wednesday, February 16th. The stock was sold at an average price of $251.04, for a total value of $34,392.48. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Thomas A. Mutryn sold 3,089 shares of the company’s stock in a transaction on Tuesday, May 10th. The shares were sold at an average price of $260.00, for a total value of $803,140.00. Following the completion of the sale, the chief financial officer now owns 33,761 shares in the company, valued at $8,777,860. The disclosure for this sale can be found here. Insiders own 1.56% of the company’s stock.

A number of large investors have recently made changes to their positions in CACI. Marshall Wace LLP bought a new stake in CACI International in the first quarter valued at $93,000. OLD Mission Capital LLC bought a new stake in CACI International in the third quarter valued at $721,000. First Horizon Advisors Inc. grew its position in CACI International by 255.3% in the third quarter. First Horizon Advisors Inc. now owns 405 shares of the information technology services provider’s stock valued at $96,000 after acquiring an additional 291 shares during the period. Mutual of America Capital Management LLC grew its position in CACI International by 1.2% in the third quarter. Mutual of America Capital Management LLC now owns 20,786 shares of the information technology services provider’s stock valued at $5,448,000 after acquiring an additional 243 shares during the period. Finally, AGF Investments LLC boosted its stake in CACI International by 5.2% in the third quarter. AGF Investments LLC now owns 2,540 shares of the information technology services provider’s stock worth $666,000 after purchasing an additional 126 shares in the last quarter. Hedge funds and other institutional investors own 86.78% of the company’s stock.

About CACI International (Get Rating)

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates in two segments, Domestic Operations and International Operations.

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