CACI International Inc (NYSE:CACI) Receives $393.40 Consensus Price Target from Brokerages

Shares of CACI International Inc (NYSE:CACI) have been given a consensus rating of “Moderate Buy” by the eleven analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $393.40.

A number of research firms have commented on CACI. Jefferies Financial Group downgraded shares of CACI International from a “buy” rating to a “hold” rating and dropped their price target for the stock from $375.00 to $350.00 in a research report on Wednesday, January 3rd. StockNews.com upgraded shares of CACI International from a “hold” rating to a “buy” rating in a research report on Wednesday, March 6th. Truist Financial boosted their target price on shares of CACI International from $385.00 to $410.00 and gave the stock a “buy” rating in a report on Tuesday, April 9th. Stifel Nicolaus upgraded shares of CACI International from a “hold” rating to a “buy” rating and boosted their target price for the stock from $365.00 to $380.00 in a report on Friday, January 5th. Finally, Wells Fargo & Company boosted their target price on shares of CACI International from $387.00 to $410.00 and gave the stock an “overweight” rating in a report on Thursday, April 4th.

Insider Transactions at CACI International

In other news, Director Gregory G. Johnson sold 150 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $361.69, for a total transaction of $54,253.50. Following the completion of the transaction, the director now directly owns 6,446 shares of the company’s stock, valued at approximately $2,331,453.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other CACI International news, EVP J William Koegel, Jr. sold 500 shares of CACI International stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total transaction of $188,740.00. Following the completion of the transaction, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction on Monday, February 12th. The stock was sold at an average price of $361.69, for a total transaction of $54,253.50. Following the transaction, the director now directly owns 6,446 shares of the company’s stock, valued at $2,331,453.74. The disclosure for this sale can be found here. Company insiders own 1.23% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. California Public Employees Retirement System boosted its holdings in CACI International by 0.5% in the third quarter. California Public Employees Retirement System now owns 129,405 shares of the information technology services provider’s stock valued at $40,624,000 after acquiring an additional 630 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. lifted its stake in CACI International by 65.2% in the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 68,139 shares of the information technology services provider’s stock valued at $22,067,000 after buying an additional 26,887 shares during the period. Fort Washington Investment Advisors Inc. OH acquired a new position in CACI International in the fourth quarter valued at approximately $18,360,000. Teachers Retirement System of The State of Kentucky lifted its stake in CACI International by 32.7% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 12,583 shares of the information technology services provider’s stock valued at $3,951,000 after buying an additional 3,104 shares during the period. Finally, Amalgamated Bank lifted its stake in CACI International by 10.1% in the third quarter. Amalgamated Bank now owns 16,390 shares of the information technology services provider’s stock valued at $5,145,000 after buying an additional 1,503 shares during the period. Institutional investors and hedge funds own 86.43% of the company’s stock.

CACI International Trading Down 0.0 %

CACI opened at $367.74 on Friday. The stock has a market capitalization of $8.19 billion, a PE ratio of 22.27, a P/E/G ratio of 1.83 and a beta of 0.89. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 1.32. CACI International has a 12-month low of $293.69 and a 12-month high of $382.65. The firm’s fifty day moving average price is $369.22 and its 200 day moving average price is $341.60.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, January 24th. The information technology services provider reported $4.36 earnings per share for the quarter, missing the consensus estimate of $4.50 by ($0.14). The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.84 billion. CACI International had a return on equity of 13.65% and a net margin of 5.31%. CACI International’s revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the business earned $4.28 earnings per share. As a group, research analysts expect that CACI International will post 20.27 EPS for the current fiscal year.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.