CACI International Inc (NYSE:CACI – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the fourteen brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $515.67.
A number of equities research analysts have issued reports on the company. William Blair downgraded CACI International from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Raymond James reissued an “outperform” rating and set a $490.00 price target (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. Barclays boosted their price target on CACI International from $450.00 to $510.00 and gave the company an “overweight” rating in a research report on Tuesday, April 29th. StockNews.com downgraded CACI International from a “buy” rating to a “hold” rating in a research report on Saturday, January 25th. Finally, Jefferies Financial Group decreased their target price on CACI International from $520.00 to $455.00 and set a “buy” rating for the company in a research report on Tuesday, March 25th.
Read Our Latest Report on CACI International
CACI International Stock Performance
CACI International (NYSE:CACI – Get Free Report) last released its earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 EPS for the quarter, beating the consensus estimate of $5.53 by $0.70. The firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.13 billion. CACI International had a return on equity of 15.30% and a net margin of 5.90%. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.74 earnings per share. Equities research analysts anticipate that CACI International will post 23.94 earnings per share for the current year.
Insider Buying and Selling at CACI International
In other CACI International news, Director Debora A. Plunkett sold 309 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total transaction of $112,358.58. Following the sale, the director now owns 2,315 shares in the company, valued at $841,780.30. This represents a 11.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 1.35% of the stock is currently owned by insiders.
Institutional Trading of CACI International
Several institutional investors and hedge funds have recently bought and sold shares of the company. Cornerstone Investment Partners LLC raised its stake in CACI International by 1.3% during the first quarter. Cornerstone Investment Partners LLC now owns 2,044 shares of the information technology services provider’s stock valued at $750,000 after buying an additional 27 shares in the last quarter. UMB Bank n.a. raised its position in shares of CACI International by 37.2% during the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock worth $43,000 after purchasing an additional 29 shares during the period. TD Private Client Wealth LLC raised its position in shares of CACI International by 21.0% during the 1st quarter. TD Private Client Wealth LLC now owns 305 shares of the information technology services provider’s stock worth $112,000 after purchasing an additional 53 shares during the period. Covestor Ltd raised its position in shares of CACI International by 26.9% during the 1st quarter. Covestor Ltd now owns 307 shares of the information technology services provider’s stock worth $113,000 after purchasing an additional 65 shares during the period. Finally, AMJ Financial Wealth Management raised its position in shares of CACI International by 1.8% during the 4th quarter. AMJ Financial Wealth Management now owns 3,988 shares of the information technology services provider’s stock worth $1,611,000 after purchasing an additional 70 shares during the period. Institutional investors and hedge funds own 86.43% of the company’s stock.
About CACI International
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.
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