CACI International (NYSE:CACI) PT Raised to $430.00 at Stifel Nicolaus

CACI International (NYSE:CACI) had its price objective upped by Stifel Nicolaus from $390.00 to $430.00 in a research note released on Tuesday morning, Benzinga reports. The brokerage currently has a buy rating on the information technology services provider’s stock.

A number of other research firms have also recently weighed in on CACI. Jefferies Financial Group cut shares of CACI International from a buy rating to a hold rating and lowered their price objective for the stock from $375.00 to $350.00 in a research report on Wednesday, January 3rd. The Goldman Sachs Group increased their price objective on shares of CACI International from $379.00 to $425.00 and gave the stock a neutral rating in a research report on Tuesday, April 16th. Wells Fargo & Company increased their price objective on shares of CACI International from $387.00 to $410.00 and gave the stock an overweight rating in a research report on Thursday, April 4th. StockNews.com cut shares of CACI International from a buy rating to a hold rating in a research report on Monday, April 15th. Finally, Robert W. Baird increased their price objective on shares of CACI International from $370.00 to $464.00 and gave the stock an outperform rating in a research report on Monday, April 8th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average price target of $400.82.

CACI International Stock Performance

CACI International stock opened at $404.54 on Tuesday. The firm has a 50 day simple moving average of $373.20 and a 200-day simple moving average of $345.51. CACI International has a 1-year low of $293.69 and a 1-year high of $406.78. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 1.32. The stock has a market cap of $9.02 billion, a price-to-earnings ratio of 23.37, a price-to-earnings-growth ratio of 1.89 and a beta of 0.89.

CACI International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share for the quarter, beating the consensus estimate of $5.55 by $0.19. CACI International had a net margin of 5.37% and a return on equity of 13.97%. The business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the prior year, the company posted $4.92 EPS. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, analysts expect that CACI International will post 20.27 EPS for the current year.

Insider Activity

In other news, Director Gregory G. Johnson sold 150 shares of the firm’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $361.69, for a total value of $54,253.50. Following the sale, the director now directly owns 6,446 shares in the company, valued at approximately $2,331,453.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related 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 sale, the executive vice president now directly owns 23,385 shares in the company, valued at approximately $8,827,369.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 sale, the director now owns 6,446 shares in the company, 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 Investors Weigh In On CACI International

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Eagle Bay Advisors LLC raised its stake in CACI International by 91.3% during 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 in the last quarter. Anchor Investment Management LLC acquired a new stake in CACI International during the 4th quarter worth $152,000. Covestor Ltd raised its stake in CACI International by 9.1% during 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 in the last quarter. HTLF Bank acquired a new stake in CACI International during the 1st quarter worth $229,000. Finally, Confluence Wealth Services Inc. acquired a new stake in CACI International during the 1st quarter worth $237,000. 86.43% of the stock is currently owned by institutional investors and hedge funds.

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.