Brokerages Set CACI International Inc (NYSE:CACI) Price Target at $517.31

CACI International Inc (NYSE:CACI) has been assigned an average rating of “Moderate Buy” from the fourteen brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $517.31.

A number of equities research analysts recently issued reports on CACI shares. StockNews.com lowered CACI International from a “buy” rating to a “hold” rating in a research report on Saturday, January 25th. Cantor Fitzgerald raised CACI International to a “strong-buy” rating in a research report on Tuesday, February 25th. Raymond James reissued an “outperform” rating and issued a $490.00 target price (up from $475.00) on shares of CACI International in a research note on Thursday, January 23rd. Wells Fargo & Company decreased their price objective on shares of CACI International from $536.00 to $480.00 and set an “overweight” rating for the company in a research report on Wednesday, February 26th. Finally, Jefferies Financial Group lowered their price target on CACI International from $520.00 to $455.00 and set a “buy” rating on the stock in a research report on Tuesday, March 25th.

CACI International Trading Down 0.6 %

Shares of NYSE CACI opened at $373.55 on Friday. CACI International has a twelve month low of $318.60 and a twelve month high of $588.26. The stock has a market cap of $8.37 billion, a price-to-earnings ratio of 17.52, a P/E/G ratio of 1.01 and a beta of 0.88. 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 company’s fifty day moving average is $372.72 and its 200-day moving average is $441.07.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping 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%. Equities research analysts predict that CACI International will post 23.94 EPS for the current year.

Insiders Place Their Bets

In related news, Director Debora A. Plunkett sold 309 shares of the business’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total value of $112,358.58. Following the completion of the transaction, the director now owns 2,315 shares of the company’s stock, valued at $841,780.30. The trade was a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.35% of the company’s stock.

Hedge Funds Weigh In On CACI International

Several hedge funds and other institutional investors have recently made changes to their positions in the company. UMB Bank n.a. increased its stake in shares of CACI International by 37.2% in the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 29 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after buying an additional 50 shares in the last quarter. VSM Wealth Advisory LLC bought a new stake in CACI International during the 4th quarter worth $69,000. Jones Financial Companies Lllp raised its position in CACI International by 452.8% in the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock valued at $80,000 after purchasing an additional 163 shares during the last quarter. Finally, TD Private Client Wealth LLC grew its holdings in shares of CACI International by 49.1% during the third quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider’s stock worth $127,000 after purchasing an additional 83 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

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.