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

Shares of CACI International Inc (NYSE:CACI) have been assigned an average rating of “Moderate Buy” from the twelve brokerages that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $396.27.

Several analysts recently weighed in on CACI shares. StockNews.com lowered CACI International from a “buy” rating to a “hold” rating in a research note on Monday. Truist Financial lifted their price target on CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a research note on Tuesday, April 9th. Stifel Nicolaus raised CACI International from a “hold” rating to a “buy” rating and lifted their price target for the company from $365.00 to $380.00 in a research note on Friday, January 5th. Robert W. Baird lifted their price target on CACI International from $370.00 to $464.00 and gave the company an “outperform” rating in a research note on Monday, April 8th. Finally, Jefferies Financial Group lowered CACI International from a “buy” rating to a “hold” rating and cut their price target for the company from $375.00 to $350.00 in a research note on Wednesday, January 3rd.

CACI International Stock Performance

NYSE:CACI opened at $366.52 on Friday. The stock’s 50-day simple moving average is $369.92 and its 200 day simple moving average is $342.31. The firm has a market capitalization of $8.17 billion, a PE ratio of 22.20, a price-to-earnings-growth ratio of 1.83 and a beta of 0.89. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.53. CACI International has a twelve month low of $293.69 and a twelve month high of $382.65.

CACI International (NYSE:CACI) last released 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 business had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.84 billion. CACI International had a net margin of 5.31% and a return on equity of 13.65%. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same period last year, the business earned $4.28 earnings per share. On average, analysts anticipate that CACI International will post 20.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other CACI International news, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the sale, the director now directly owns 6,446 shares in the company, valued at $2,331,453.74. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other CACI International news, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the sale, the director now directly owns 6,446 shares in the company, valued at $2,331,453.74. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP J William Koegel, Jr. sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total value of $188,740.00. Following the sale, the executive vice president now owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CACI International

Several institutional investors have recently bought and sold shares of CACI. ST Germain D J Co. Inc. purchased a new position in CACI International in the second quarter worth $41,000. Eagle Bay Advisors LLC increased its stake in CACI International by 91.3% in the 4th quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock worth $43,000 after acquiring an additional 63 shares during the last quarter. Brown Brothers Harriman & Co. increased its stake in CACI International by 47.7% in the 1st quarter. Brown Brothers Harriman & Co. now owns 288 shares of the information technology services provider’s stock worth $87,000 after acquiring an additional 93 shares during the last quarter. Anchor Investment Management LLC bought a new position in CACI International in the 4th quarter worth about $152,000. Finally, Covestor Ltd increased its stake in CACI International by 9.1% in the 3rd quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock worth $170,000 after acquiring an additional 45 shares during the last quarter. Institutional investors own 86.43% of the company’s stock.

CACI International Company Profile

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.