CACI International Inc (NYSE:CACI) Short Interest Update

CACI International Inc (NYSE:CACI) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 701,100 shares, a growth of 19.5% from the December 15th total of 586,600 shares. Currently, 3.2% of the company’s stock are sold short. Based on an average trading volume of 219,600 shares, the days-to-cover ratio is presently 3.2 days.

CACI International Stock Performance

Shares of CACI International stock traded down $1.85 during trading on Friday, hitting $452.43. 226,469 shares of the stock were exchanged, compared to its average volume of 177,556. CACI International has a 1-year low of $326.60 and a 1-year high of $588.26. The stock has a market capitalization of $10.14 billion, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 1.31 and a beta of 0.87. The company has a fifty day moving average price of $442.22 and a 200-day moving average price of $470.79. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. The company had revenue of $2.06 billion during the quarter, compared to analysts’ expectations 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 was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.36 earnings per share. As a group, equities analysts predict that CACI International will post 23.88 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on CACI shares. The Goldman Sachs Group downgraded shares of CACI International from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $540.00 to $373.00 in a research report on Thursday, December 12th. StockNews.com raised shares of CACI International from a “hold” rating to a “buy” rating in a research report on Friday. Barclays boosted their price target on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Raymond James raised CACI International from a “market perform” rating to an “outperform” rating and set a $475.00 price objective on the stock in a report on Thursday, January 2nd. Finally, Wells Fargo & Company reduced their target price on CACI International from $564.00 to $503.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, CACI International presently has an average rating of “Moderate Buy” and an average price target of $521.50.

Hedge Funds Weigh In On CACI International

Several large investors have recently bought and sold shares of the company. First Horizon Advisors Inc. grew its position in shares of 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 period. UMB Bank n.a. grew its stake in shares of CACI International by 81.4% in the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock worth $39,000 after acquiring an additional 35 shares in the last quarter. Coastline Trust Co purchased a new stake in CACI International in the 3rd quarter valued at about $45,000. GAMMA Investing LLC lifted its holdings in CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after acquiring an additional 50 shares during the period. Finally, Rosenberg Matthew Hamilton boosted its holdings in shares of CACI International by 9.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after buying an additional 19 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors.

About CACI International

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.