CACI International Inc. (CACI) Now Covered by Drexel Hamilton
Equities researchers at Drexel Hamilton assumed coverage on shares of CACI International Inc. (NYSE:CACI) in a report issued on Wednesday. The firm set a “buy” rating on the stock.
Several other research firms have also weighed in on CACI. Zacks Investment Research upgraded 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. Noble Financial lowered CACI International from a “buy” rating to a “hold” rating in a report on Tuesday. Jefferies Group restated a “hold” rating and set a $96.00 price target on shares of CACI International in a report on Thursday, August 18th. Finally, FBR & Co restated a “hold” rating and set a $94.00 price target on shares of CACI International in a report on Monday, October 31st. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. CACI International has an average rating of “Buy” and an average target price of $102.50.
Shares of CACI International (NYSE:CACI) opened at 124.20 on Wednesday. The stock’s 50 day moving average is $104.20 and its 200-day moving average is $98.23. The company has a market cap of $3.03 billion, a PE ratio of 21.30 and a beta of 1.82. CACI International has a one year low of $78.08 and a one year high of $125.85.
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. CACI International had a return on equity of 11.21% and a net margin of 3.62%. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the firm posted $1.40 EPS. CACI International’s quarterly revenue was up 30.5% compared to the same quarter last year. Equities research analysts expect that CACI International will post $6.28 earnings per share for the current year.
In related news, Director Gregory G. Johnson sold 400 shares of the firm’s stock in a transaction dated Friday, September 2nd. The stock was sold at an average price of $100.41, for a total transaction of $40,164.00. Following the sale, the director now owns 4,809 shares of the company’s stock, valued at $482,871.69. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Warren R. Phillips sold 255 shares of the firm’s stock in a transaction dated 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 directly owns 5,352 shares in the company, valued at approximately $528,402.96. The disclosure for this sale can be found here. Corporate insiders own 1.15% of the company’s stock.
A number of large investors have recently modified their holdings of the stock. O Shaughnessy Asset Management LLC increased 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 valued at $106,000 after buying an additional 224 shares in the last quarter. US Bancorp DE increased 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 valued at $218,000 after buying an additional 941 shares in the last quarter. Societe Generale acquired a new stake in shares of CACI International during the second quarter valued at $251,000. Amalgamated Bank increased 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 valued at $274,000 after buying an additional 300 shares in the last quarter. Finally, PineBridge Investments L.P. increased 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 valued at $279,000 after buying an additional 121 shares in the last quarter. 91.06% of the stock is currently owned by institutional investors.
CACI International Company Profile
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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