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

Shares of CACI International Inc (NYSE:CACI) have received a consensus recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $535.90.

A number of equities analysts have weighed in on CACI shares. The Goldman Sachs Group boosted their price objective on CACI International from $471.00 to $520.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Wells Fargo & Company reduced their target price on shares of CACI International from $637.00 to $564.00 and set an “overweight” rating on the stock in a research note on Tuesday. Barclays increased their price target on shares of CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. lifted their price target on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Finally, Robert W. Baird upped their price objective on CACI International from $533.00 to $640.00 and gave the company an “outperform” rating in a report on Friday, October 25th.

CACI International Price Performance

CACI International stock opened at $460.13 on Friday. The company has a fifty day simple moving average of $515.63 and a 200-day simple moving average of $470.83. The firm has a market capitalization of $10.31 billion, a price-to-earnings ratio of 22.80, a PEG ratio of 1.43 and a beta of 0.91. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. CACI International has a 52-week low of $314.06 and a 52-week high of $588.26.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.08 by $0.85. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The company had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter in the prior year, the company earned $4.36 EPS. CACI International’s revenue was up 11.2% compared to the same quarter last year. On average, equities analysts anticipate that CACI International will post 23.45 EPS for the current fiscal year.

Insider Buying and Selling at CACI International

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the transaction, the insider now owns 35,538 shares of the company’s stock, valued at $17,499,266.58. This trade represents a 21.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.35% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Van ECK Associates Corp grew its holdings in CACI International by 42.5% during the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock worth $60,917,000 after acquiring an additional 34,647 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of CACI International by 5.0% during the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock worth $243,386,000 after purchasing an additional 22,823 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in CACI International by 37.1% in the third quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock valued at $29,745,000 after buying an additional 15,961 shares during the last quarter. M&R Capital Management Inc. raised its stake in CACI International by 487.2% in the second quarter. M&R Capital Management Inc. now owns 16,930 shares of the information technology services provider’s stock valued at $7,282,000 after buying an additional 14,047 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC lifted its holdings in CACI International by 26.7% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 48,923 shares of the information technology services provider’s stock worth $21,043,000 after buying an additional 10,295 shares during the last quarter. 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.