CACI International (NYSE:CACI) Reaches New 12-Month High at $437.36

CACI International Inc (NYSE:CACI) shares hit a new 52-week high during trading on Monday . The stock traded as high as $437.36 and last traded at $437.36, with a volume of 1476 shares traded. The stock had previously closed at $433.77.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CACI. Truist Financial boosted their price target on CACI International from $385.00 to $410.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. Wells Fargo & Company boosted their price target on CACI International from $410.00 to $468.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 30th. StockNews.com upgraded CACI International from a “hold” rating to a “buy” rating in a research report on Thursday, April 25th. Stifel Nicolaus boosted their price target on CACI International from $390.00 to $430.00 and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. Finally, TD Cowen upped their target price on CACI International from $400.00 to $435.00 and gave the company a “buy” rating in a report on Monday, May 6th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $415.45.

CACI International Trading Up 0.8 %

The firm has a market capitalization of $9.75 billion, a PE ratio of 25.06, a PEG ratio of 2.04 and a beta of 0.90. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.48. The business has a fifty day moving average price of $414.11 and a two-hundred day moving average price of $372.99.

CACI International (NYSE:CACI) last released its quarterly earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share for the quarter, topping analysts’ consensus estimates of $5.55 by $0.19. The business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.86 billion. CACI International had a return on equity of 13.80% and a net margin of 5.37%. The company’s revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $4.92 EPS. Analysts expect that CACI International Inc will post 20.35 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director William L. Jews sold 2,000 shares of the stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $428.57, for a total transaction of $857,140.00. Following the transaction, the director now owns 6,825 shares of the company’s stock, valued at approximately $2,924,990.25. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, Director William L. Jews sold 2,000 shares of the stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $428.57, for a total transaction of $857,140.00. Following the transaction, the director now owns 6,825 shares of the company’s stock, valued at approximately $2,924,990.25. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $427.50, for a total value of $812,250.00. Following the transaction, the chief financial officer now directly owns 519 shares in the company, valued at approximately $221,872.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,100 shares of company stock valued at $1,755,028. Corporate insiders own 1.23% of the company’s stock.

Institutional Investors Weigh In On CACI International

A number of hedge funds have recently bought and sold shares of the stock. Covestor Ltd raised its position in CACI International by 8.9% in the 1st quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock valued at $237,000 after purchasing an additional 51 shares in the last quarter. Eagle Bay Advisors LLC raised its position in shares of 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. Essex Financial Services Inc. raised its position in shares of CACI International by 10.4% during the 4th quarter. Essex Financial Services Inc. now owns 1,059 shares of the information technology services provider’s stock worth $343,000 after acquiring an additional 100 shares in the last quarter. Campbell & CO Investment Adviser LLC raised its position in shares of CACI International by 12.7% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 1,901 shares of the information technology services provider’s stock worth $616,000 after acquiring an additional 214 shares in the last quarter. Finally, Anchor Investment Management LLC acquired a new stake in shares of CACI International during the 4th quarter worth about $152,000. Institutional investors and hedge funds 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.