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

Shares of CACI International Inc (NYSE:CACI) have earned an average rating of “Moderate Buy” from the twelve brokerages that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $415.45.

Several research firms recently commented on CACI. The Goldman Sachs Group raised their target price on CACI International from $379.00 to $425.00 and gave the company a “neutral” rating in a research report on Tuesday, April 16th. StockNews.com upgraded CACI International from a “hold” rating to a “buy” rating in a research report on Thursday, April 25th. JPMorgan Chase & Co. raised their target price on CACI International from $375.00 to $383.00 and gave the company an “overweight” rating in a research report on Tuesday, February 6th. Truist Financial lifted their price target on CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a research report on Tuesday, April 9th. Finally, TD Cowen lifted their price target on CACI International from $400.00 to $435.00 and gave the company a “buy” rating in a research report on Monday.

CACI International Price Performance

Shares of NYSE CACI opened at $423.75 on Tuesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a market capitalization of $9.45 billion, a PE ratio of 24.48, a P/E/G ratio of 1.97 and a beta of 0.85. CACI International has a 1-year low of $293.69 and a 1-year high of $424.77. The business’s fifty day moving average price is $378.46 and its two-hundred day moving average price is $348.74.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share for the quarter, topping analysts’ consensus estimates of $5.55 by $0.19. CACI International had a net margin of 5.37% and a return on equity of 13.80%. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter last year, the company earned $4.92 EPS. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, research analysts expect that CACI International will post 20.36 EPS for the current year.

Insider Transactions at CACI International

In other news, EVP J William Koegel, Jr. sold 500 shares of the firm’s stock in a transaction 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 completion of the sale, the executive vice president now owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Gregory G. Johnson sold 150 shares of the stock in a transaction on Monday, February 12th. The stock was 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 in the company, valued at $2,331,453.74. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP J William Koegel, Jr. sold 500 shares of the stock in a transaction 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 sale, the executive vice president now owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On CACI International

Institutional investors have recently bought and sold shares of the stock. Mawer Investment Management Ltd. increased its stake in shares of CACI International by 58.1% in the first quarter. Mawer Investment Management Ltd. now owns 17,032 shares of the information technology services provider’s stock worth $6,452,000 after purchasing an additional 6,258 shares during the period. Central Pacific Bank Trust Division bought a new position in shares of CACI International in the first quarter worth about $1,069,000. BNP Paribas bought a new position in shares of CACI International in the first quarter worth about $1,191,000. Janney Montgomery Scott LLC increased its stake in shares of CACI International by 36.6% in the first quarter. Janney Montgomery Scott LLC now owns 6,073 shares of the information technology services provider’s stock worth $2,301,000 after purchasing an additional 1,628 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in shares of CACI International by 147.5% in the first quarter. BNP Paribas Financial Markets now owns 34,958 shares of the information technology services provider’s stock worth $13,243,000 after purchasing an additional 20,835 shares during the period. 86.43% of the stock is currently owned by institutional investors.

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.