CACI International, Inc. (NYSE:CACI) Receives Consensus Recommendation of “Moderate Buy” from Analysts

CACI International, Inc. (NYSE:CACI) has been given a consensus rating of “Moderate Buy” by the fourteen analysts that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $549.25.

Several analysts recently issued reports on CACI shares. The Goldman Sachs Group upgraded CACI International from a “sell” rating to a “buy” rating and increased their price target for the company from $407.00 to $544.00 in a report on Wednesday, August 13th. Jefferies Financial Group downgraded CACI International from a “buy” rating to a “hold” rating and lowered their price target for the company from $570.00 to $535.00 in a report on Wednesday, August 6th. Stifel Nicolaus increased their price target on CACI International from $576.00 to $600.00 and gave the company a “buy” rating in a report on Friday, August 8th. Raymond James Financial reiterated a “market perform” rating on shares of CACI International in a report on Friday, August 8th. Finally, UBS Group reiterated a “buy” rating and issued a $614.00 price target (up from $562.00) on shares of CACI International in a report on Friday, August 8th.

CACI International Trading Up 0.1%

CACI stock opened at $496.23 on Friday. The company has a market cap of $10.91 billion, a price-to-earnings ratio of 22.20, a PEG ratio of 1.86 and a beta of 0.65. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.73. The business has a fifty day simple moving average of $481.14 and a 200-day simple moving average of $448.47. CACI International has a 52 week low of $318.60 and a 52 week high of $588.26.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, August 6th. The information technology services provider reported $8.40 EPS for the quarter, topping analysts’ consensus estimates of $6.54 by $1.86. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.29 billion. CACI International had a return on equity of 15.84% and a net margin of 5.79%.The business’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the prior year, the firm posted $6.61 EPS. On average, equities research analysts expect that CACI International will post 23.94 EPS for the current year.

Insider Transactions at CACI International

In related news, CEO John S. Mengucci sold 10,175 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $492.82, for a total value of $5,014,443.50. Following the completion of the sale, the chief executive officer directly owned 101,536 shares in the company, valued at approximately $50,038,971.52. This represents a 9.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On CACI International

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC purchased a new position in CACI International in the 2nd quarter valued at about $25,000. Wayfinding Financial LLC purchased a new position in CACI International in the 1st quarter valued at about $27,000. First Horizon Advisors Inc. boosted its position in CACI International by 110.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 80 shares of the information technology services provider’s stock valued at $38,000 after buying an additional 42 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new position in CACI International in the 2nd quarter valued at about $55,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in CACI International by 180.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 140 shares of the information technology services provider’s stock valued at $67,000 after buying an additional 90 shares during the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

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.