CACI International (NYSE:CACI) Price Target Cut to $480.00 by Analysts at TD Cowen

CACI International (NYSE:CACI) had its price target lowered by investment analysts at TD Cowen from $610.00 to $480.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the information technology services provider’s stock. TD Cowen’s price objective points to a potential upside of 15.45% from the stock’s previous close.

A number of other equities analysts also recently weighed in on the stock. The Goldman Sachs Group downgraded shares of CACI International from a “neutral” rating to a “sell” rating and decreased their target price for the company from $540.00 to $373.00 in a research note on Thursday, December 12th. UBS Group initiated coverage on CACI International in a research note on Monday, December 2nd. They issued a “buy” rating and a $557.00 price target on the stock. Barclays lifted their price objective on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. StockNews.com downgraded CACI International from a “buy” rating to a “hold” rating in a report on Friday, December 27th. Finally, Truist Financial reduced their price target on shares of CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a research report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $522.09.

CACI International Stock Up 0.4 %

Shares of NYSE:CACI opened at $415.76 on Wednesday. CACI International has a 1 year low of $321.85 and a 1 year high of $588.26. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. The stock’s 50-day moving average is $455.99 and its 200 day moving average is $469.97. The company has a market cap of $9.32 billion, a PE ratio of 20.60, a P/E/G ratio of 1.33 and a beta of 0.87.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, beating analysts’ consensus estimates of $5.08 by $0.85. The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The company’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.36 EPS. Sell-side analysts anticipate that CACI International will post 23.45 EPS for the current year.

Hedge Funds Weigh In On CACI International

Institutional investors and hedge funds have recently bought and sold shares of the stock. First Horizon Advisors Inc. raised its stake in shares of CACI International by 40.0% in the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after buying an additional 18 shares during the period. UMB Bank n.a. increased its holdings in CACI International by 81.4% in the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock worth $39,000 after acquiring an additional 35 shares in the last quarter. Coastline Trust Co bought a new stake in CACI International during the 3rd quarter worth approximately $45,000. GAMMA Investing LLC lifted its holdings in CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after purchasing an additional 50 shares in the last quarter. Finally, Rosenberg Matthew Hamilton boosted its position in shares of CACI International by 9.8% in the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after purchasing an additional 19 shares during the period. 86.43% of the stock is currently owned by hedge funds and other 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.