Analysts Set CACI International Inc (NYSE:CACI) PT at $537.20

Shares of CACI International Inc (NYSE:CACI) have been assigned an average recommendation of “Moderate Buy” from the eleven analysts that are covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $535.90.

A number of brokerages have recently issued reports on CACI. Barclays increased their target price on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. lifted their target price on shares of CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. Robert W. Baird upped their target price on CACI International from $533.00 to $640.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Wells Fargo & Company decreased their price objective on CACI International from $637.00 to $564.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, Truist Financial cut their target price on shares of CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Friday, November 22nd.

Insiders Place Their Bets

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the completion of the sale, the insider now owns 35,538 shares of the company’s stock, valued at approximately $17,499,266.58. The trade was a 21.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.35% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CACI International

Several hedge funds and other institutional investors have recently modified their holdings of the company. Geode Capital Management LLC lifted its holdings in shares of CACI International by 5.0% during the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after acquiring an additional 22,823 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in CACI International by 1.7% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider’s stock worth $146,623,000 after acquiring an additional 5,610 shares during the period. Van ECK Associates Corp boosted its holdings in CACI International by 42.5% in the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock worth $60,917,000 after acquiring an additional 34,647 shares during the period. Segall Bryant & Hamill LLC grew its position in CACI International by 3.7% in the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock valued at $34,179,000 after acquiring an additional 2,396 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of CACI International by 37.1% during the third quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock valued at $29,745,000 after purchasing an additional 15,961 shares during the period. 86.43% of the stock is owned by institutional investors and hedge funds.

CACI International Stock Performance

Shares of CACI stock opened at $460.13 on Friday. CACI International has a 52-week low of $314.06 and a 52-week high of $588.26. The stock’s 50-day moving average price is $515.63 and its 200 day moving average price is $470.83. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $10.31 billion, a PE ratio of 22.80, a price-to-earnings-growth ratio of 1.43 and a beta of 0.91.

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