CACI International Inc (NYSE:CACI) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of CACI International Inc (NYSE:CACI) have been assigned an average rating of “Moderate Buy” from the twelve brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $423.64.

A number of brokerages recently weighed in on CACI. Wells Fargo & Company upped their target price on shares of CACI International from $410.00 to $468.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 30th. TD Cowen lifted their target price on CACI International from $400.00 to $435.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Stifel Nicolaus upped their price target on CACI International from $390.00 to $430.00 and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. Truist Financial raised their price target on shares of CACI International from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, The Goldman Sachs Group boosted their price objective on shares of CACI International from $379.00 to $425.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 16th.

Insider Transactions at CACI International

In other CACI International news, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the company’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $427.50, for a total value of $812,250.00. Following the transaction, the chief financial officer now directly owns 519 shares of the company’s stock, valued at approximately $221,872.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other CACI International news, Director William L. Jews sold 2,000 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $428.57, for a total transaction of $857,140.00. Following the transaction, the director now owns 6,825 shares in the company, valued at approximately $2,924,990.25. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the company’s stock in a transaction on Monday, May 13th. The shares were sold at an average price of $427.50, for a total value of $812,250.00. Following the sale, the chief financial officer now owns 519 shares of the company’s stock, valued at $221,872.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,100 shares of company stock worth $1,755,028. Company insiders own 1.23% of the company’s stock.

Institutional Investors Weigh In On CACI International

Several institutional investors and hedge funds have recently bought and sold shares of CACI. Teachers Retirement System of The State of Kentucky lifted its holdings in shares of CACI International by 32.7% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 12,583 shares of the information technology services provider’s stock worth $3,951,000 after acquiring an additional 3,104 shares during the period. Anchor Investment Management LLC acquired a new stake in shares of CACI International in the 4th quarter valued at $152,000. Fort Washington Investment Advisors Inc. OH acquired a new stake in shares of CACI International in the 4th quarter valued at $18,360,000. Deroy & Devereaux Private Investment Counsel Inc. increased its stake in shares of CACI International by 65.2% in the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 68,139 shares of the information technology services provider’s stock valued at $22,067,000 after purchasing an additional 26,887 shares during the last quarter. Finally, Strs Ohio raised its holdings in shares of CACI International by 10.9% during the 4th quarter. Strs Ohio now owns 27,704 shares of the information technology services provider’s stock worth $8,972,000 after buying an additional 2,721 shares in the last quarter. Institutional investors own 86.43% of the company’s stock.

CACI International Trading Down 1.0 %

Shares of NYSE CACI opened at $430.13 on Wednesday. CACI International has a twelve month low of $302.21 and a twelve month high of $439.20. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.48. The stock has a market cap of $9.59 billion, a price-to-earnings ratio of 24.85, a P/E/G ratio of 2.04 and a beta of 0.90. The company’s fifty day moving average is $420.98 and its 200-day moving average is $376.83.

CACI International (NYSE:CACI) last released its quarterly earnings data 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. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. CACI International had a return on equity of 13.80% and a net margin of 5.37%. CACI International’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.92 EPS. Equities research analysts predict that CACI International will post 20.35 EPS for the current year.

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.