CACI International Inc (NYSE:CACI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

CACI International Inc (NYSE:CACI) has earned a consensus rating of “Moderate Buy” from the eleven analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $393.40.

A number of brokerages have weighed in on CACI. Jefferies Financial Group lowered shares of CACI International from a “buy” rating to a “hold” rating and decreased their price target for the company from $375.00 to $350.00 in a report on Wednesday, January 3rd. StockNews.com raised shares of CACI International from a “hold” rating to a “buy” rating in a research report on Wednesday, March 6th. Wells Fargo & Company boosted their price objective on shares of CACI International from $387.00 to $410.00 and gave the company an “overweight” rating in a research report on Thursday, April 4th. Stifel Nicolaus raised shares of CACI International from a “hold” rating to a “buy” rating and boosted their price objective for the company from $365.00 to $380.00 in a research report on Friday, January 5th. Finally, Truist Financial boosted their target price on shares of CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a research note on Tuesday.

Insider Transactions at CACI International

In related news, Director Gregory G. Johnson sold 150 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $361.69, for a total transaction of $54,253.50. Following the completion of the sale, the director now directly owns 6,446 shares of the company’s stock, valued at $2,331,453.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other CACI International news, EVP J William Koegel, Jr. sold 500 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total value of $188,740.00. Following the transaction, the executive vice president now owns 23,385 shares in the company, valued at approximately $8,827,369.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Gregory G. Johnson sold 150 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $361.69, for a total transaction of $54,253.50. Following the completion of the transaction, the director now owns 6,446 shares in the company, valued at approximately $2,331,453.74. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. ST Germain D J Co. Inc. acquired a new position in CACI International in the 2nd quarter valued at $41,000. Eagle Bay Advisors LLC lifted its holdings in CACI International by 91.3% during the 4th quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 63 shares during the last quarter. Brown Brothers Harriman & Co. lifted its holdings in CACI International by 47.7% during the 1st quarter. Brown Brothers Harriman & Co. now owns 288 shares of the information technology services provider’s stock valued at $87,000 after purchasing an additional 93 shares during the last quarter. Anchor Investment Management LLC bought a new position in CACI International during the 4th quarter valued at about $152,000. Finally, Covestor Ltd raised its stake in shares of CACI International by 9.1% in the third quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock worth $170,000 after acquiring an additional 45 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

CACI International Trading Up 0.1 %

Shares of CACI International stock opened at $367.65 on Friday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.53. The company has a 50-day moving average of $368.82 and a two-hundred day moving average of $340.79. CACI International has a 12-month low of $293.69 and a 12-month high of $382.65. The stock has a market cap of $8.19 billion, a PE ratio of 22.27, a price-to-earnings-growth ratio of 1.88 and a beta of 0.89.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, January 24th. The information technology services provider reported $4.36 earnings per share for the quarter, missing analysts’ consensus estimates of $4.50 by ($0.14). CACI International had a return on equity of 13.65% and a net margin of 5.31%. The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same period last year, the business earned $4.28 earnings per share. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. On average, research analysts anticipate that CACI International will post 20.32 EPS for the current fiscal year.

CACI International Company Profile

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 through two segments: Domestic Operations and International Operations.