Brokerages Set CACI International Inc (NYSE:CACI) Price Target at $522.09

Shares of CACI International Inc (NYSE:CACI) have received an average rating of “Moderate Buy” from the twelve brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating and eleven have issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $521.50.

Several research analysts have recently issued reports on CACI shares. TD Cowen lowered their target price on shares of CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Raymond James upgraded shares of CACI International from a “market perform” rating to an “outperform” rating and set a $475.00 price objective for the company in a research note on Thursday, January 2nd. The Goldman Sachs Group cut CACI International from a “neutral” rating to a “sell” rating and cut their target price for the stock from $540.00 to $373.00 in a research report on Thursday, December 12th. JPMorgan Chase & Co. upped their target price on CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Finally, Jefferies Financial Group raised CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target on the stock in a research report on Thursday.

CACI International Price Performance

CACI International stock opened at $454.59 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The company has a fifty day simple moving average of $446.62 and a 200-day simple moving average of $470.43. The stock has a market cap of $10.19 billion, a P/E ratio of 22.53, a price-to-earnings-growth ratio of 1.31 and a beta of 0.87. CACI International has a 12-month low of $326.60 and a 12-month high of $588.26.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, beating analysts’ consensus estimates of $5.08 by $0.85. The business had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.36 EPS. Equities analysts expect that CACI International will post 23.88 EPS for the current fiscal year.

Hedge Funds Weigh In On CACI International

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. First Horizon Advisors Inc. raised its position in CACI International by 40.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after buying an additional 18 shares during the last quarter. UMB Bank n.a. raised its holdings in CACI International by 81.4% during the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock worth $39,000 after purchasing an additional 35 shares in the last quarter. Coastline Trust Co acquired a new stake in CACI International in the third quarter valued at about $45,000. GAMMA Investing LLC boosted its holdings in CACI International by 69.4% in the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after purchasing an additional 50 shares in the last quarter. Finally, Rosenberg Matthew Hamilton increased its position in CACI International by 9.8% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after purchasing an additional 19 shares during the period. 86.43% of the stock is currently 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.