CACI International Inc (NYSE:CACI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of CACI International Inc (NYSE:CACI) have been assigned an average recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $534.70.

A number of analysts have recently weighed in on the company. Robert W. Baird raised their price objective on CACI International from $533.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday. Bank of America raised their target price on CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a research note on Tuesday, September 17th. Truist Financial restated a “buy” rating and issued a $650.00 target price (up previously from $520.00) on shares of CACI International in a research note on Friday. Wells Fargo & Company raised their target price on CACI International from $525.00 to $577.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 1st. Finally, The Goldman Sachs Group raised their target price on CACI International from $471.00 to $520.00 and gave the stock a “neutral” rating in a research note on Friday.

Insider Buying and Selling at CACI International

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of CACI International stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the completion of the transaction, the insider now owns 35,538 shares in the company, valued at approximately $17,499,266.58. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, EVP J William Koegel, Jr. sold 970 shares of the firm’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $483.27, for a total transaction of $468,771.90. Following the sale, the executive vice president now directly owns 22,651 shares in the company, valued at $10,946,548.77. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Gregory R. Bradford sold 10,000 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $492.41, for a total value of $4,924,100.00. Following the sale, the insider now owns 35,538 shares in the company, valued at $17,499,266.58. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,270 shares of company stock worth $10,165,972. Insiders own 1.23% of the company’s stock.

Institutional Investors Weigh In On CACI International

A number of institutional investors have recently modified their holdings of CACI. UMB Bank n.a. grew its position in shares of CACI International by 81.4% during the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after acquiring an additional 35 shares during the period. Versant Capital Management Inc boosted its holdings in CACI International by 900.0% in the 2nd quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock worth $43,000 after buying an additional 90 shares during the last quarter. Rosenberg Matthew Hamilton boosted its holdings in CACI International by 9.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after buying an additional 19 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in CACI International by 35.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock worth $174,000 after buying an additional 105 shares during the last quarter. Finally, Argent Capital Management LLC acquired a new stake in CACI International in the 3rd quarter worth about $208,000. 86.43% of the stock is currently owned by institutional investors and hedge funds.

CACI International Stock Up 0.1 %

CACI International stock opened at $547.78 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.27 and a quick ratio of 1.27. The stock has a market capitalization of $12.21 billion, a price-to-earnings ratio of 31.65, a PEG ratio of 2.22 and a beta of 0.93. CACI International has a 1-year low of $312.78 and a 1-year high of $570.28. The business has a fifty day moving average price of $498.42 and a 200-day moving average price of $452.61.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. The firm had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $1.92 billion. CACI International had a return on equity of 14.31% and a net margin of 5.48%. The business’s quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter last year, the firm earned $4.36 EPS. Equities research analysts forecast that CACI International will post 23 EPS for the current fiscal year.

CACI International Company Profile

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.