CACI International Inc (NYSE:CACI) Receives Average Rating of “Buy” from Analysts

CACI International Inc (NYSE:CACI) has earned an average rating of “Buy” from the ten analysts that are presently covering the company, Marketbeat reports. Ten analysts have rated the stock with a buy rating. The average 1-year price target among brokers that have issued a report on the stock in the last year is $374.09.

Several research analysts recently commented on the company. Bank of America increased their price objective on CACI International from $365.00 to $385.00 and gave the company a “buy” rating in a research note on Thursday, August 17th. Wells Fargo & Company reduced their price objective on CACI International from $383.00 to $361.00 and set an “overweight” rating for the company in a research note on Monday, September 18th. Raymond James increased their price objective on CACI International from $340.00 to $370.00 and gave the company an “outperform” rating in a research note on Friday, August 11th. Truist Financial increased their price objective on CACI International from $345.00 to $385.00 and gave the company a “buy” rating in a research note on Friday, August 11th. Finally, William Blair reissued an “outperform” rating on shares of CACI International in a research note on Thursday, August 10th.

Insider Transactions at CACI International

In other news, Director Gregory G. Johnson sold 125 shares of the stock in a transaction on Thursday, September 14th. The stock was sold at an average price of $319.82, for a total transaction of $39,977.50. Following the completion of the transaction, the director now directly owns 5,998 shares in the company, valued at approximately $1,918,280.36. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.23% of the company’s stock.

Hedge Funds Weigh In On CACI International

A number of hedge funds have recently modified their holdings of the business. Tudor Investment Corp Et Al purchased a new position in shares of CACI International during the 3rd quarter worth $1,820,000. Private Capital Advisors Inc. boosted its holdings in CACI International by 1.5% during the 3rd quarter. Private Capital Advisors Inc. now owns 44,157 shares of the information technology services provider’s stock valued at $14,340,000 after acquiring an additional 639 shares during the period. Covestor Ltd boosted its holdings in CACI International by 9.1% during the 3rd quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock valued at $170,000 after acquiring an additional 45 shares during the period. Eagle Asset Management Inc. boosted its holdings in CACI International by 8.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 11,284 shares of the information technology services provider’s stock valued at $3,542,000 after acquiring an additional 833 shares during the period. Finally, Kayne Anderson Rudnick Investment Management LLC purchased a new position in CACI International during the 3rd quarter valued at about $12,267,000. 87.30% of the stock is currently owned by hedge funds and other institutional investors.

CACI International Trading Up 1.1 %

Shares of CACI stock opened at $324.14 on Tuesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.24 and a quick ratio of 1.24. The company has a market cap of $7.22 billion, a price-to-earnings ratio of 19.70, a PEG ratio of 1.71 and a beta of 1.00. The stock has a 50 day simple moving average of $322.91 and a 200-day simple moving average of $326.07. CACI International has a 1-year low of $275.79 and a 1-year high of $359.33.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, October 25th. The information technology services provider reported $4.36 earnings per share for the quarter, missing the consensus estimate of $4.52 by ($0.16). The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.68 billion. CACI International had a return on equity of 13.74% and a net margin of 5.49%. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the previous year, the company earned $4.36 earnings per share. On average, equities research analysts expect that CACI International will post 20.05 EPS for the current fiscal year.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.