CACI International, Inc. (NYSE:CACI) had its price objective decreased by stock analysts at Maxim Group from $161.00 to $159.00 in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the information technology services provider’s stock. Maxim Group’s target price suggests a potential upside of 26.29% from the stock’s current price.

Other analysts have also recently issued research reports about the stock. Zacks Investment Research upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $143.00 price target on the stock in a research report on Wednesday, July 19th. Jefferies Group LLC upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $154.00 price target on the stock in a research report on Monday, July 17th. Noble Financial restated a “buy” rating on shares of CACI International in a research report on Saturday, June 24th. Cowen and Company restated a “buy” rating and set a $145.00 price target on shares of CACI International in a research report on Monday, August 14th. Finally, ValuEngine upgraded shares of CACI International from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company’s stock. CACI International presently has a consensus rating of “Buy” and an average price target of $128.33.

CACI International (NYSE CACI) traded up 4.01% during midday trading on Thursday, reaching $130.95. The company had a trading volume of 98,760 shares. CACI International has a 52 week low of $96.05 and a 52 week high of $135.35. The firm has a 50-day moving average price of $127.28 and a 200-day moving average price of $123.85. The company has a market capitalization of $3.20 billion, a price-to-earnings ratio of 20.05 and a beta of 1.57.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, August 16th. The information technology services provider reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.09 billion. CACI International had a net margin of 3.76% and a return on equity of 9.52%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.75 earnings per share. Analysts expect that CACI International will post $6.78 EPS for the current fiscal year.

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In other CACI International news, Director Warren R. Phillips sold 400 shares of the stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $125.30, for a total value of $50,120.00. Following the sale, the director now directly owns 5,344 shares of the company’s stock, valued at approximately $669,603.20. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Gregory G. Johnson sold 355 shares of the stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $127.00, for a total transaction of $45,085.00. Following the completion of the sale, the director now directly owns 4,965 shares in the company, valued at $630,555. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,246 shares of company stock worth $156,880. Company insiders own 1.15% of the company’s stock.

Several large investors have recently made changes to their positions in CACI. Glen Harbor Capital Management LLC increased its stake in shares of CACI International by 12.5% in the first quarter. Glen Harbor Capital Management LLC now owns 990 shares of the information technology services provider’s stock worth $116,000 after buying an additional 110 shares in the last quarter. Elkfork Partners LLC boosted its position in shares of CACI International by 12.5% in the first quarter. Elkfork Partners LLC now owns 1,260 shares of the information technology services provider’s stock valued at $148,000 after buying an additional 140 shares during the last quarter. Riverhead Capital Management LLC boosted its position in shares of CACI International by 66.5% in the second quarter. Riverhead Capital Management LLC now owns 1,332 shares of the information technology services provider’s stock valued at $167,000 after buying an additional 532 shares during the last quarter. Meadow Creek Investment Management LLC boosted its position in shares of CACI International by 12.5% in the first quarter. Meadow Creek Investment Management LLC now owns 1,530 shares of the information technology services provider’s stock valued at $180,000 after buying an additional 170 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of CACI International by 5.9% in the first quarter. SG Americas Securities LLC now owns 1,658 shares of the information technology services provider’s stock valued at $194,000 after buying an additional 93 shares during the last quarter. 89.20% 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.

Analyst Recommendations for CACI International (NYSE:CACI)

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