CACI International Inc. (CACI) Receives $103.78 Consensus PT from Brokerages
CACI International Inc. (NYSE:CACI) has been assigned a consensus recommendation of “Buy” from the twelve analysts that are covering the company. Five research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $103.78.
Several research analysts have weighed in on the stock. FBR & Co reissued a “hold” rating and issued a $94.00 price target on shares of CACI International in a report on Monday, October 31st. Zacks Investment Research raised shares of CACI International from a “hold” rating to a “buy” rating and set a $112.00 price target on the stock in a report on Monday, October 24th. Finally, Jefferies Group reaffirmed a “hold” rating and set a $96.00 target price on shares of CACI International in a report on Thursday, August 18th.
In other CACI International news, Director Warren R. Phillips sold 255 shares of the firm’s stock in a transaction that occurred on Thursday, September 1st. The shares were sold at an average price of $98.73, for a total value of $25,176.15. Following the sale, the director now owns 5,352 shares in the company, valued at $528,402.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gregory G. Johnson sold 400 shares of the firm’s stock in a transaction that occurred on Friday, September 2nd. The shares were sold at an average price of $100.41, for a total transaction of $40,164.00. Following the completion of the sale, the director now owns 4,809 shares in the company, valued at approximately $482,871.69. The disclosure for this sale can be found here. Corporate insiders own 1.15% of the company’s stock.
A number of hedge funds have recently modified their holdings of CACI. O Shaughnessy Asset Management LLC raised its stake in shares of CACI International by 23.7% in the second quarter. O Shaughnessy Asset Management LLC now owns 1,171 shares of the company’s stock worth $106,000 after buying an additional 224 shares in the last quarter. US Bancorp DE raised its stake in shares of CACI International by 63.5% in the second quarter. US Bancorp DE now owns 2,422 shares of the company’s stock worth $218,000 after buying an additional 941 shares in the last quarter. Societe Generale bought a new stake in shares of CACI International during the second quarter worth $251,000. Amalgamated Bank raised its stake in shares of CACI International by 11.6% in the second quarter. Amalgamated Bank now owns 2,896 shares of the company’s stock worth $274,000 after buying an additional 300 shares in the last quarter. Finally, PineBridge Investments L.P. raised its stake in shares of CACI International by 4.1% in the second quarter. PineBridge Investments L.P. now owns 3,084 shares of the company’s stock worth $279,000 after buying an additional 121 shares in the last quarter. Hedge funds and other institutional investors own 90.50% of the company’s stock.
Shares of CACI International (NYSE:CACI) opened at 118.05 on Tuesday. The company has a 50-day moving average price of $101.97 and a 200-day moving average price of $97.78. The stock has a market capitalization of $2.88 billion, a price-to-earnings ratio of 20.25 and a beta of 1.82. CACI International has a 52-week low of $78.08 and a 52-week high of $119.35.
CACI International (NYSE:CACI) last released its quarterly earnings results on Wednesday, October 26th. The company reported $2.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.25 by $0.82. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.02 billion. CACI International had a net margin of 3.62% and a return on equity of 11.21%. The business’s revenue was up 30.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.40 EPS. On average, equities analysts anticipate that CACI International will post $6.27 earnings per share for the current year.
About CACI International
CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.
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