CACI International (NYSE:CACI) Given New $735.00 Price Target at Truist Financial

CACI International (NYSE:CACI) had its price objective increased by equities researchers at Truist Financial from $600.00 to $735.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the information technology services provider’s stock. Truist Financial’s price objective would indicate a potential upside of 24.25% from the company’s previous close.

A number of other brokerages have also recently issued reports on CACI. TD Cowen increased their target price on shares of CACI International from $550.00 to $620.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Raymond James Financial reiterated a “market perform” rating on shares of CACI International in a research note on Friday, August 8th. Weiss Ratings upgraded CACI International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Stifel Nicolaus set a $670.00 price target on CACI International in a research note on Thursday, October 23rd. Finally, JPMorgan Chase & Co. raised their target price on shares of CACI International from $575.00 to $645.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, CACI International presently has an average rating of “Moderate Buy” and a consensus target price of $618.00.

CACI International Trading Up 0.7%

Shares of CACI International stock traded up $4.25 during trading hours on Friday, hitting $591.54. The company’s stock had a trading volume of 105,959 shares, compared to its average volume of 362,420. CACI International has a 1-year low of $318.60 and a 1-year high of $599.78. The company has a market capitalization of $13.06 billion, a PE ratio of 26.11, a P/E/G ratio of 2.04 and a beta of 0.63. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.67. The business has a fifty day moving average of $528.35 and a 200 day moving average of $489.71.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, October 22nd. The information technology services provider reported $6.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.20 by $0.65. CACI International had a net margin of 5.70% and a return on equity of 15.92%. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period in the previous year, the business posted $5.93 EPS. CACI International’s revenue was up 11.2% on a year-over-year basis. CACI International has set its FY 2026 guidance at 27.130-28.030 EPS. As a group, equities analysts forecast that CACI International will post 23.94 EPS for the current year.

Insider Activity

In other news, CEO John S. Mengucci sold 10,175 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $492.82, for a total transaction of $5,014,443.50. Following the completion of the sale, the chief executive officer owned 101,536 shares in the company, valued at $50,038,971.52. This represents a 9.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On CACI International

A number of hedge funds have recently made changes to their positions in the stock. Wedbush Securities Inc. raised its stake in CACI International by 11.0% during the first quarter. Wedbush Securities Inc. now owns 881 shares of the information technology services provider’s stock valued at $323,000 after buying an additional 87 shares in the last quarter. John G Ullman & Associates Inc. increased its stake in CACI International by 40.6% in the first quarter. John G Ullman & Associates Inc. now owns 20,315 shares of the information technology services provider’s stock valued at $7,454,000 after acquiring an additional 5,866 shares during the period. Neo Ivy Capital Management acquired a new stake in shares of CACI International in the 1st quarter valued at $560,000. Valley Wealth Managers Inc. increased its holdings in shares of CACI International by 6.1% during the first quarter. Valley Wealth Managers Inc. now owns 47,783 shares of the information technology services provider’s stock worth $17,533,000 after buying an additional 2,752 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in CACI International by 528.6% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 264 shares of the information technology services provider’s stock valued at $97,000 after purchasing an additional 222 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

About CACI International

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.