CACI International (NYSE:CACI) Shares Gap Down – Time to Sell?

CACI International Inc (NYSE:CACI) shares gapped down before the market opened on Thursday . The stock had previously closed at $465.11, but opened at $443.55. CACI International shares last traded at $424.27, with a volume of 168,295 shares trading hands.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CACI. StockNews.com upgraded shares of CACI International from a “hold” rating to a “buy” rating in a report on Friday, January 17th. Barclays lifted their price objective on shares of CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. Wells Fargo & Company dropped their price objective on shares of CACI International from $564.00 to $503.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. UBS Group assumed coverage on shares of CACI International in a research note on Monday, December 2nd. They issued a “buy” rating and a $557.00 price target for the company. Finally, Jefferies Financial Group upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target for the company in a research note on Thursday, January 16th. One analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, CACI International currently has an average rating of “Moderate Buy” and an average target price of $522.75.

CACI International Price Performance

The company has a market capitalization of $9.85 billion, a price-to-earnings ratio of 21.75, a PEG ratio of 1.41 and a beta of 0.87. The company’s 50 day simple moving average is $436.23 and its 200-day simple moving average is $471.53. 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 released its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.77% and a return on equity of 14.78%. On average, equities research analysts predict that CACI International Inc will post 23.92 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. First Horizon Advisors Inc. raised its holdings in CACI International by 40.0% in the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after buying an additional 18 shares during the period. UMB Bank n.a. raised its stake in shares of 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 valued at $39,000 after purchasing an additional 35 shares during the period. Coastline Trust Co purchased a new stake in shares of CACI International during the third quarter valued at approximately $45,000. GAMMA Investing LLC raised its stake in shares of CACI International by 69.4% during the fourth 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 during the period. Finally, Rosenberg Matthew Hamilton increased its stake in shares of CACI International by 9.8% in the third 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. Hedge funds and other institutional investors own 86.43% of the company’s stock.

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.