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

CACI International Inc (NYSE:CACI) has been given a consensus recommendation of “Moderate Buy” by the eleven research firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and ten have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $522.09.

A number of research firms have recently commented on CACI. Wells Fargo & Company reduced their price target on shares of CACI International from $564.00 to $503.00 and set an “overweight” rating for the company in a research report on Wednesday. Bank of America boosted their target price on CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a research report on Tuesday, September 17th. Robert W. Baird reaffirmed an “outperform” rating and issued a $640.00 price target on shares of CACI International in a report on Tuesday, December 17th. The Goldman Sachs Group lowered CACI International from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $540.00 to $373.00 in a report on Thursday, December 12th. Finally, TD Cowen lowered their target price on shares of CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a research note on Wednesday.

CACI International Stock Performance

Shares of CACI opened at $432.19 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a market capitalization of $9.68 billion, a price-to-earnings ratio of 21.42, a price-to-earnings-growth ratio of 1.33 and a beta of 0.87. CACI International has a 52-week low of $326.47 and a 52-week high of $588.26. The stock’s 50-day simple moving average is $453.57 and its 200 day simple moving average is $470.20.

CACI International (NYSE:CACI) last announced its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. The firm had revenue of $2.06 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the firm posted $4.36 earnings per share. Research analysts forecast that CACI International will post 23.45 EPS for the current fiscal year.

Institutional Trading of CACI International

Several institutional investors have recently added to or reduced their stakes in CACI. First Hawaiian Bank grew its holdings in shares of CACI International by 43.0% in the fourth quarter. First Hawaiian Bank now owns 3,668 shares of the information technology services provider’s stock worth $1,482,000 after purchasing an additional 1,103 shares during the last quarter. Central Pacific Bank Trust Division boosted its position in CACI International by 44.1% during the 4th quarter. Central Pacific Bank Trust Division now owns 490 shares of the information technology services provider’s stock valued at $198,000 after buying an additional 150 shares during the period. GAMMA Investing LLC grew its holdings in CACI International by 69.4% in the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after acquiring an additional 50 shares during the last quarter. TD Private Client Wealth LLC increased its position in shares of CACI International by 49.1% in the third quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider’s stock valued at $127,000 after acquiring an additional 83 shares during the period. Finally, Toronto Dominion Bank bought a new position in shares of CACI International during the third quarter valued at about $184,000. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

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.