CACI International (NYSE:CACI) PT Raised to $430.00 at Stifel Nicolaus

CACI International (NYSE:CACI) had its target price hoisted by Stifel Nicolaus from $390.00 to $430.00 in a report published on Tuesday morning, Benzinga reports. The brokerage currently has a buy rating on the information technology services provider’s stock.

A number of other equities analysts have also recently commented on CACI. Wells Fargo & Company raised their target price on CACI International from $387.00 to $410.00 and gave the stock an overweight rating in a report on Thursday, April 4th. Truist Financial raised their target price on CACI International from $385.00 to $410.00 and gave the stock a buy rating in a report on Tuesday, April 9th. Jefferies Financial Group cut CACI International from a buy rating to a hold rating and decreased their target price for the stock from $375.00 to $350.00 in a report on Wednesday, January 3rd. StockNews.com cut CACI International from a buy rating to a hold rating in a report on Monday, April 15th. Finally, The Goldman Sachs Group raised their price target on CACI International from $379.00 to $425.00 and gave the company a neutral rating in a report on Tuesday, April 16th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, CACI International currently has an average rating of Moderate Buy and an average price target of $400.82.

CACI International Price Performance

NYSE CACI opened at $404.54 on Tuesday. The business’s fifty day moving average price is $373.20 and its 200-day moving average price is $345.51. The stock has a market capitalization of $9.02 billion, a price-to-earnings ratio of 23.37, a PEG ratio of 1.89 and a beta of 0.89. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 1.32. CACI International has a 1-year low of $293.69 and a 1-year high of $406.78.

CACI International (NYSE:CACI) last released its quarterly earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share for the quarter, beating the consensus estimate of $5.55 by $0.19. CACI International had a return on equity of 13.97% and a net margin of 5.37%. The firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same period in the prior year, the firm earned $4.92 EPS. The company’s revenue was up 11.1% compared to the same quarter last year. On average, equities analysts predict that CACI International will post 20.27 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP J William Koegel, Jr. sold 500 shares of CACI International stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total value of $188,740.00. Following the completion of the transaction, the executive vice president now owns 23,385 shares in the company, valued at $8,827,369.80. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, EVP J William Koegel, Jr. sold 500 shares of CACI International stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total value of $188,740.00. Following the completion of the transaction, the executive vice president now owns 23,385 shares in the company, valued at $8,827,369.80. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the transaction, the director now owns 6,446 shares of the company’s stock, valued at approximately $2,331,453.74. The disclosure for this sale can be found here. 1.23% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Eagle Bay Advisors LLC raised its stake in shares of CACI International by 91.3% during the fourth quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 63 shares in the last quarter. Anchor Investment Management LLC bought a new stake in shares of CACI International during the fourth quarter valued at approximately $152,000. Covestor Ltd raised its stake in shares of CACI International by 9.1% during the third quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock valued at $170,000 after acquiring an additional 45 shares in the last quarter. HTLF Bank bought a new stake in shares of CACI International during the first quarter valued at approximately $229,000. Finally, Confluence Wealth Services Inc. bought a new stake in shares of CACI International during the first quarter valued at approximately $237,000. Hedge funds and other institutional investors own 86.43% of the company’s stock.

About CACI International

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.