CACI International (NYSE:CACI) Price Target Raised to $435.00 at TD Cowen

CACI International (NYSE:CACI) had its target price raised by equities research analysts at TD Cowen from $400.00 to $435.00 in a note issued to investors on Monday, Benzinga reports. The brokerage currently has a “buy” rating on the information technology services provider’s stock. TD Cowen’s target price would suggest a potential upside of 3.32% from the company’s current price.

Several other equities research analysts also recently commented on CACI. JPMorgan Chase & Co. lifted their target price on shares of CACI International from $375.00 to $383.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th. Barclays boosted their target price on shares of CACI International from $400.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 30th. Wells Fargo & Company increased their price objective on shares of CACI International from $410.00 to $468.00 and gave the company an “overweight” rating in a research note on Tuesday, April 30th. Truist Financial increased their target price on shares of CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a research report on Tuesday, April 9th. Finally, StockNews.com upgraded shares of CACI International from a “hold” rating to a “buy” rating in a research report on Thursday, April 25th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, CACI International presently has a consensus rating of “Moderate Buy” and a consensus target price of $415.45.

CACI International Stock Down 0.6 %

CACI stock opened at $421.04 on Monday. 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 stock has a market capitalization of $9.39 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 1.97 and a beta of 0.85. CACI International has a fifty-two week low of $293.69 and a fifty-two week high of $427.52. The business’s fifty day moving average price is $379.46 and its two-hundred day moving average price is $349.40.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the prior year, the business posted $4.92 earnings per share. CACI International’s revenue was up 11.1% compared to the same quarter last year. On average, equities analysts anticipate that CACI International will post 20.36 earnings per share for the current year.

Insider Transactions at CACI International

In other news, Director Gregory G. Johnson sold 150 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was 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 owns 6,446 shares of the company’s stock, valued at approximately $2,331,453.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP J William Koegel, Jr. sold 500 shares of CACI International stock in a transaction dated 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 transaction, the executive vice president now owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Gregory G. Johnson sold 150 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $361.69, for a total transaction of $54,253.50. Following the sale, 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. Company insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On CACI International

Several institutional investors and hedge funds have recently made changes to their positions in the company. Fort Washington Investment Advisors Inc. OH purchased a new stake in CACI International during the 4th quarter valued at $18,360,000. Deroy & Devereaux Private Investment Counsel Inc. purchased a new position in CACI International in the 3rd quarter worth about $12,950,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in CACI International during the 3rd quarter valued at about $12,267,000. Van ECK Associates Corp grew its stake in shares of CACI International by 293.2% in the first quarter. Van ECK Associates Corp now owns 47,995 shares of the information technology services provider’s stock worth $18,182,000 after acquiring an additional 35,788 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in shares of CACI International by 147.5% during the first quarter. BNP Paribas Financial Markets now owns 34,958 shares of the information technology services provider’s stock valued at $13,243,000 after purchasing an additional 20,835 shares during the last quarter. Institutional investors own 86.43% of the company’s stock.

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.