CACI International (NYSE:CACI) Price Target Increased to $425.00 by Analysts at The Goldman Sachs Group

CACI International (NYSE:CACI) had its price target hoisted by The Goldman Sachs Group from $379.00 to $425.00 in a report issued on Tuesday, Benzinga reports. They currently have a neutral rating on the information technology services provider’s stock.

A number of other analysts have also recently issued reports on the company. Jefferies Financial Group cut CACI International from a buy rating to a hold rating and decreased their target price for the stock from $375.00 to $350.00 in a report on Wednesday, January 3rd. Wells Fargo & Company boosted their target price on CACI International from $387.00 to $410.00 and gave the stock an overweight rating in a report on Thursday, April 4th. JPMorgan Chase & Co. boosted their target price on CACI International from $375.00 to $383.00 and gave the stock an overweight rating in a report on Tuesday, February 6th. StockNews.com cut CACI International from a buy rating to a hold rating in a report on Monday. Finally, Robert W. Baird boosted their target price on CACI International from $370.00 to $464.00 and gave the stock an outperform rating in a report on Monday, April 8th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy and an average target price of $396.27.

CACI International Stock Up 0.5 %

CACI opened at $366.52 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 1.32. The stock has a market capitalization of $8.17 billion, a price-to-earnings ratio of 22.20, a price-to-earnings-growth ratio of 1.83 and a beta of 0.89. The business has a 50-day moving average of $369.92 and a two-hundred day moving average of $342.31. CACI International has a 12 month low of $293.69 and a 12 month high of $382.65.

CACI International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, January 24th. The information technology services provider reported $4.36 EPS for the quarter, missing the consensus estimate of $4.50 by ($0.14). CACI International had a net margin of 5.31% and a return on equity of 13.65%. The business had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same quarter last year, the firm earned $4.28 EPS. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. On average, research analysts expect that CACI International will post 20.27 earnings per share for the current year.

Insiders Place Their Bets

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 stock was sold at an average price of $377.48, for a total value of $188,740.00. Following the transaction, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The sale was disclosed in a filing with the SEC, which is accessible 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 stock was sold at an average price of $377.48, for a total value of $188,740.00. Following the transaction, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 value of $54,253.50. Following the completion of the transaction, the director now directly owns 6,446 shares in the company, valued at $2,331,453.74. The disclosure for this sale can be found here. 1.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On CACI International

Institutional investors and hedge funds have recently made changes to their positions in the company. Eagle Bay Advisors LLC raised its position in shares of 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 acquiring an additional 63 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in shares of 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 acquiring an additional 93 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in shares of CACI International during the 4th quarter valued at approximately $152,000. Covestor Ltd raised its position in shares of CACI International by 9.1% during the 3rd quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock valued at $170,000 after acquiring an additional 45 shares in the last quarter. Finally, Argent Trust Co acquired a new stake in shares of CACI International during the 1st quarter valued at approximately $229,000. 86.43% of the stock is owned by institutional investors and hedge funds.

About CACI International

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.