CACI International Inc (NYSE:CACI) Receives $393.40 Consensus Price Target from Brokerages

Shares of CACI International Inc (NYSE:CACI) have earned a consensus rating of “Moderate Buy” from the twelve brokerages that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $396.27.

CACI has been the topic of a number of research reports. Stifel Nicolaus raised shares of CACI International from a “hold” rating to a “buy” rating and increased their target price for the stock from $365.00 to $380.00 in a report on Friday, January 5th. The Goldman Sachs Group increased their target price on shares of CACI International from $379.00 to $425.00 and gave the stock a “neutral” rating in a report on Tuesday. Truist Financial upped their price target on shares of CACI International from $385.00 to $410.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. Wells Fargo & Company upped their price target on shares of CACI International from $387.00 to $410.00 and gave the stock an “overweight” rating in a research report on Thursday, April 4th. Finally, JPMorgan Chase & Co. upped their price target 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.

CACI International Stock Up 0.5 %

Shares of NYSE CACI opened at $366.52 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.53. CACI International has a 52 week low of $293.69 and a 52 week high of $382.65. The firm has a 50-day moving average price of $369.92 and a 200 day moving average price of $342.31. The stock has a market capitalization of $8.17 billion, a price-to-earnings ratio of 22.20, a price-to-earnings-growth ratio of 1.83 and a beta of 0.89.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, January 24th. The information technology services provider reported $4.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.50 by ($0.14). The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.84 billion. CACI International had a return on equity of 13.65% and a net margin of 5.31%. The business’s revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.28 EPS. Equities research analysts anticipate that CACI International will post 20.27 EPS for the current fiscal year.

Insider Activity

In other news, EVP J William Koegel, Jr. sold 500 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total transaction of $188,740.00. Following the completion of the transaction, the executive vice president now owns 23,385 shares in the company, valued at approximately $8,827,369.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Gregory G. Johnson sold 150 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the sale, the director now directly owns 6,446 shares of the company’s stock, valued at $2,331,453.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP J William Koegel, Jr. sold 500 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total transaction of $188,740.00. Following the completion of the sale, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Institutional Trading of CACI International

A number of hedge funds have recently made changes to their positions in CACI. Running Oak Capital LLC lifted its stake in CACI International by 10.6% in the first quarter. Running Oak Capital LLC now owns 30,101 shares of the information technology services provider’s stock valued at $11,403,000 after acquiring an additional 2,883 shares during the last quarter. M&R Capital Management Inc. acquired a new stake in CACI International in the first quarter valued at approximately $1,092,000. Sanibel Captiva Trust Company Inc. acquired a new stake in CACI International in the fourth quarter valued at approximately $324,000. Public Employees Retirement System of Ohio lifted its stake in CACI International by 0.4% in the fourth quarter. Public Employees Retirement System of Ohio now owns 10,306 shares of the information technology services provider’s stock valued at $3,338,000 after acquiring an additional 37 shares during the last quarter. Finally, Port Capital LLC lifted its stake in CACI International by 17.2% in the fourth quarter. Port Capital LLC now owns 99,261 shares of the information technology services provider’s stock valued at $32,147,000 after acquiring an additional 14,586 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, 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.