Jefferies Financial Group Has Lowered Expectations for CACI International (NYSE:CACI) Stock Price

CACI International (NYSE:CACI) had its price target cut by investment analysts at Jefferies Financial Group from $520.00 to $455.00 in a research report issued on Tuesday, Marketbeat.com reports. The firm presently has a “buy” rating on the information technology services provider’s stock. Jefferies Financial Group’s price target suggests a potential upside of 21.89% from the company’s current price.

Other equities analysts have also recently issued research reports about the stock. The Goldman Sachs Group cut shares of CACI International from a “neutral” rating to a “sell” rating and decreased their price target for the company from $540.00 to $373.00 in a research report on Thursday, December 12th. UBS Group initiated coverage on CACI International in a report on Monday, December 2nd. They set a “buy” rating and a $557.00 price target on the stock. William Blair downgraded CACI International from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. StockNews.com cut shares of CACI International from a “buy” rating to a “hold” rating in a report on Saturday, January 25th. Finally, Robert W. Baird reiterated an “outperform” rating and set a $640.00 price target on shares of CACI International in a report on Tuesday, December 17th. One analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $517.31.

CACI International Trading Up 0.2 %

CACI opened at $373.30 on Tuesday. CACI International has a 52 week low of $318.60 and a 52 week high of $588.26. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. The business has a fifty day simple moving average of $375.87 and a 200-day simple moving average of $442.61. The firm has a market cap of $8.37 billion, a P/E ratio of 17.51, a P/E/G ratio of 1.01 and a beta of 0.88.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, beating analysts’ consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. On average, equities analysts expect that CACI International will post 23.94 earnings per share for the current year.

Insider Activity

In other news, Director Debora A. Plunkett sold 309 shares of CACI International stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total value of $112,358.58. Following the transaction, the director now directly owns 2,315 shares of the company’s stock, valued at $841,780.30. The trade was a 11.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.35% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC boosted its stake in shares of CACI International by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 490,941 shares of the information technology services provider’s stock worth $198,417,000 after buying an additional 8,667 shares during the period. Bank of New York Mellon Corp grew its stake in shares of CACI International by 1.2% in the 4th quarter. Bank of New York Mellon Corp now owns 429,256 shares of the information technology services provider’s stock valued at $173,445,000 after purchasing an additional 5,248 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its holdings in shares of CACI International by 4.9% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 173,410 shares of the information technology services provider’s stock valued at $70,068,000 after purchasing an additional 8,175 shares during the period. Van ECK Associates Corp increased its holdings in shares of CACI International by 35.2% in the fourth quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock valued at $63,477,000 after purchasing an additional 40,867 shares during the period. Finally, Sterling Capital Management LLC lifted its holdings in shares of CACI International by 256.0% during the fourth quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider’s stock worth $30,187,000 after purchasing an additional 53,724 shares during the period. 86.43% of the stock is 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.