CACI International (NYSE:CACI) Now Covered by Analysts at UBS Group

UBS Group started coverage on shares of CACI International (NYSE:CACI) in a report released on Monday morning, MarketBeat.com reports. The brokerage issued a buy rating and a $557.00 price target on the information technology services provider’s stock.

CACI has been the topic of several other reports. TD Cowen increased their price target on shares of CACI International from $545.00 to $570.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Robert W. Baird lifted their target price on CACI International from $533.00 to $640.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Barclays lifted their price objective on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Raymond James downgraded shares of CACI International from an “outperform” rating to a “market perform” rating in a research report on Monday, August 5th. Finally, JPMorgan Chase & Co. raised their target price on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research note on Wednesday, October 2nd. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $537.82.

CACI International Stock Down 0.1 %

NYSE CACI opened at $459.43 on Monday. The stock’s 50 day simple moving average is $515.01 and its 200 day simple moving average is $471.73. CACI International has a one year low of $314.06 and a one year high of $588.26. The firm has a market cap of $10.29 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 1.42 and a beta of 0.91. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping the consensus estimate of $5.08 by $0.85. The company had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.36 earnings per share. As a group, sell-side analysts forecast that CACI International will post 23.45 earnings per share for the current fiscal year.

Insider Activity at CACI International

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the stock in a transaction on 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 completion of the sale, the insider now owns 35,538 shares in the company, valued at $17,499,266.58. This trade represents a 21.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.35% of the stock is owned by company insiders.

Institutional Investors Weigh In On CACI International

A number of institutional investors and hedge funds have recently modified their holdings of the company. Van ECK Associates Corp boosted its stake in shares of CACI International by 42.5% during the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock worth $60,917,000 after acquiring an additional 34,647 shares during the period. Geode Capital Management LLC lifted its stake in CACI International by 5.0% in the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after purchasing an additional 22,823 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in CACI International by 37.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock worth $29,745,000 after purchasing an additional 15,961 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its holdings in CACI International by 26.7% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 48,923 shares of the information technology services provider’s stock valued at $21,043,000 after buying an additional 10,295 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of CACI International by 1.7% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider’s stock valued at $146,623,000 after acquiring an additional 5,610 shares during the last quarter. 86.43% of the stock is owned by institutional investors.

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.