CACI International Inc (NYSE:CACI) Receives Average Rating of “Moderate Buy” from Analysts

CACI International Inc (NYSE:CACI) has been assigned an average rating of “Moderate Buy” from the twelve ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $524.45.

Several brokerages recently commented on CACI. Truist Financial dropped their price objective on CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Friday, November 22nd. Barclays raised their price target on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. JPMorgan Chase & Co. boosted their price objective on CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company dropped their target price on shares of CACI International from $637.00 to $564.00 and set an “overweight” rating on the stock in a report on Tuesday, November 26th. Finally, TD Cowen upped their price target on shares of CACI International from $545.00 to $570.00 and gave the company a “buy” rating in a report on Friday, October 25th.

Hedge Funds Weigh In On CACI International

Several hedge funds have recently modified their holdings of the stock. First Horizon Advisors Inc. boosted its position in CACI International by 40.0% during the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 18 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of CACI International by 81.4% in the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after buying an additional 35 shares during the last quarter. Coastline Trust Co bought a new position in shares of CACI International in the third quarter valued at $45,000. Rosenberg Matthew Hamilton grew its stake in shares of CACI International by 9.8% in the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock valued at $107,000 after buying an additional 19 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its holdings in CACI International by 49.1% during the third quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider’s stock worth $127,000 after buying an additional 83 shares during the last quarter. Institutional investors own 86.43% of the company’s stock.

CACI International Stock Performance

Shares of CACI stock opened at $415.10 on Wednesday. The stock has a market cap of $9.30 billion, a PE ratio of 20.57, a price-to-earnings-growth ratio of 1.33 and a beta of 0.85. The stock has a 50-day moving average of $499.22 and a 200-day moving average of $472.69. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. CACI International has a one year low of $314.06 and a one year high of $588.26.

CACI International (NYSE:CACI) last issued its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, beating the consensus estimate of $5.08 by $0.85. The firm had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The business’s quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.36 earnings per share. As a group, sell-side analysts expect that CACI International will post 23.45 earnings per share for the current year.

CACI International Company Profile

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.