CACI International Inc (NYSE:CACI) Receives $525.50 Consensus Target Price from Brokerages

CACI International Inc (NYSE:CACI) has received an average rating of “Moderate Buy” from the thirteen analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eleven have given a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $526.23.

CACI has been the subject of a number of analyst reports. Cantor Fitzgerald started coverage on shares of CACI International in a research report on Friday, February 7th. They issued an “overweight” rating and a $535.00 price target for the company. Barclays increased their target price on shares of CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. Jefferies Financial Group raised CACI International from a “hold” rating to a “buy” rating and set a $515.00 price objective on the stock in a report on Thursday, January 16th. The Goldman Sachs Group cut shares of CACI International from a “neutral” rating to a “sell” rating and decreased their price target for the company from $540.00 to $373.00 in a research report on Thursday, December 12th. Finally, UBS Group began coverage on CACI International in a research report on Monday, December 2nd. They issued a “buy” rating and a $557.00 price objective for the company.

Institutional Trading of CACI International

Several hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC raised its position in shares of CACI International by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 490,941 shares of the information technology services provider’s stock valued at $198,417,000 after purchasing an additional 8,667 shares during the period. Bank of New York Mellon Corp raised its holdings in CACI International by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 429,256 shares of the information technology services provider’s stock valued at $173,445,000 after acquiring an additional 5,248 shares during the period. Van ECK Associates Corp lifted its position in shares of CACI International by 35.2% during the fourth quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock worth $63,477,000 after acquiring an additional 40,867 shares in the last quarter. Segall Bryant & Hamill LLC boosted its holdings in shares of CACI International by 3.7% in the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock worth $34,179,000 after acquiring an additional 2,396 shares during the period. Finally, BNP Paribas Financial Markets grew its position in shares of 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 purchasing an additional 15,961 shares in the last quarter. 86.43% of the stock is currently owned by institutional investors.

CACI International Price Performance

Shares of NYSE CACI opened at $354.47 on Thursday. CACI International has a twelve month low of $351.38 and a twelve month high of $588.26. The business’s 50 day moving average price is $413.58 and its two-hundred day moving average price is $465.71. 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 has a market cap of $7.95 billion, a PE ratio of 16.63, a price-to-earnings-growth ratio of 1.09 and a beta of 0.87.

CACI International (NYSE:CACI) last released its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. On average, analysts predict that CACI International will post 24.41 EPS for the current year.

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.