CACI International Inc. (CACI) Given “Hold” Rating at Noble Financial
CACI International Inc. (NYSE:CACI)‘s stock had its “hold” rating restated by Noble Financial in a note issued to investors on Tuesday.
Several other equities research analysts also recently weighed in on CACI. Zacks Investment Research raised CACI International from a “hold” rating to a “buy” rating and set a $112.00 price objective for the company in a report on Tuesday, September 6th. FBR & Co reissued a “hold” rating and issued a $94.00 price objective on shares of CACI International in a report on Monday, October 31st. Finally, Jefferies Group reissued a “hold” rating and issued a $96.00 price objective on shares of CACI International in a report on Thursday, August 18th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. CACI International currently has a consensus rating of “Buy” and an average target price of $102.50.
Shares of CACI International (NYSE:CACI) opened at 123.50 on Tuesday. The company has a 50-day moving average of $102.49 and a 200 day moving average of $97.87. CACI International has a one year low of $78.08 and a one year high of $125.85. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 21.18 and a beta of 1.82.
CACI International (NYSE:CACI) last announced its quarterly earnings results on Wednesday, October 26th. The company reported $2.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.25 by $0.82. The firm earned $1.07 billion during the quarter, compared to the consensus estimate of $1.02 billion. CACI International had a return on equity of 11.21% and a net margin of 3.62%. The firm’s quarterly revenue was up 30.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.40 earnings per share. On average, equities analysts forecast that CACI International will post $6.27 earnings per share for the current fiscal year.
In other CACI International news, Director Gregory G. Johnson sold 400 shares of the stock in a transaction on Friday, September 2nd. The stock was sold at an average price of $100.41, for a total value of $40,164.00. Following the completion of the transaction, the director now owns 4,809 shares in the company, valued at $482,871.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James L. Pavitt sold 1,000 shares of the stock in a transaction on Thursday, August 25th. The stock was sold at an average price of $98.45, for a total value of $98,450.00. Following the completion of the transaction, the director now owns 6,978 shares of the company’s stock, valued at approximately $686,984.10. The disclosure for this sale can be found here. 1.15% of the stock is owned by company insiders.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cardinal Capital Management boosted its position in CACI International by 5.5% in the second quarter. Cardinal Capital Management now owns 4,170 shares of the company’s stock valued at $377,000 after buying an additional 219 shares during the last quarter. Quantitative Investment Management LLC acquired a new position in CACI International during the second quarter valued at about $1,112,000. State Street Corp boosted its position in CACI International by 1.6% in the first quarter. State Street Corp now owns 483,452 shares of the company’s stock valued at $51,585,000 after buying an additional 7,540 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in CACI International by 65.2% in the second quarter. BNP Paribas Arbitrage SA now owns 11,573 shares of the company’s stock valued at $1,046,000 after buying an additional 4,568 shares during the last quarter. Finally, First Mercantile Trust Co. boosted its position in CACI International by 60.6% in the second quarter. First Mercantile Trust Co. now owns 5,300 shares of the company’s stock valued at $479,000 after buying an additional 2,000 shares during the last quarter. Hedge funds and other institutional investors own 91.06% of the company’s stock.
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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