CACI International (NYSE:CACI) PT Raised to $435.00

CACI International (NYSE:CACI) had its price objective upped by investment analysts at TD Cowen from $400.00 to $435.00 in a research report issued on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the information technology services provider’s stock. TD Cowen’s target price would suggest a potential upside of 3.35% from the stock’s current price.

A number of other analysts also recently commented on CACI. Truist Financial boosted their price objective on shares of CACI International from $385.00 to $410.00 and gave the stock a “buy” rating in a report on Tuesday, April 9th. Robert W. Baird raised their target price on CACI International from $370.00 to $464.00 and gave the stock an “outperform” rating in a research report on Monday, April 8th. Stifel Nicolaus increased their price objective on CACI International from $390.00 to $430.00 and gave the company a “buy” rating in a research report on Tuesday, April 23rd. JPMorgan Chase & Co. increased their price objective on shares of CACI International from $375.00 to $383.00 and gave the stock an “overweight” rating in a report on Tuesday, February 6th. Finally, StockNews.com raised CACI International from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, CACI International has an average rating of “Moderate Buy” and an average price target of $415.45.

CACI International Price Performance

NYSE CACI traded up $5.96 during trading hours on Monday, reaching $420.91. The company’s stock had a trading volume of 53,768 shares, compared to its average volume of 126,178. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $9.39 billion, a price-to-earnings ratio of 24.25, a PEG ratio of 1.97 and a beta of 0.85. CACI International has a 1 year low of $293.69 and a 1 year high of $421.51. The firm’s 50-day moving average price is $377.37 and its 200-day moving average price is $348.09.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.55 by $0.19. CACI International had a return on equity of 13.80% and a net margin of 5.37%. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter in the prior year, the business posted $4.92 earnings per share. CACI International’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, equities research analysts predict that CACI International will post 20.36 EPS for the current fiscal year.

Insider Activity

In related news, EVP J William Koegel, Jr. sold 500 shares of the firm’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total transaction of $188,740.00. Following the sale, the executive vice president now owns 23,385 shares in the company, valued at $8,827,369.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other CACI International news, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $361.69, for a total value of $54,253.50. Following the transaction, the director now directly owns 6,446 shares in the company, valued at approximately $2,331,453.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP J William Koegel, Jr. sold 500 shares of CACI International stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total value of $188,740.00. Following the transaction, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On CACI International

Several hedge funds and other institutional investors have recently bought and sold shares of CACI. Sumitomo Mitsui Trust Holdings Inc. bought a new stake in CACI International in the 3rd quarter valued at approximately $2,099,000. Deroy & Devereaux Private Investment Counsel Inc. bought a new position in CACI International during the third quarter valued at about $12,950,000. Mitsubishi UFJ Asset Management UK Ltd. bought a new position in shares of CACI International in the third quarter worth $628,000. California Public Employees Retirement System grew its stake in CACI International by 0.5% in the 3rd quarter. California Public Employees Retirement System now owns 129,405 shares of the information technology services provider’s stock worth $40,624,000 after buying an additional 630 shares in the last quarter. Finally, Zions Bancorporation N.A. lifted its stake in shares of CACI International by 7.7% in the 3rd quarter. Zions Bancorporation N.A. now owns 4,052 shares of the information technology services provider’s stock valued at $1,272,000 after acquiring an additional 289 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors.

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.