CACI International (NYSE:CACI) PT Raised to $570.00 at TD Cowen

CACI International (NYSE:CACI) had its price target boosted by TD Cowen from $545.00 to $570.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the information technology services provider’s stock. TD Cowen’s target price would suggest a potential upside of 4.14% from the company’s previous close.

A number of other research analysts have also recently commented on CACI. Bank of America upped their price objective on CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a report on Tuesday, September 17th. Raymond James lowered CACI International from an “outperform” rating to a “market perform” rating in a research note on Monday, August 5th. JPMorgan Chase & Co. raised their price objective on CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. Robert W. Baird boosted their price objective on shares of CACI International from $533.00 to $640.00 and gave the company an “outperform” rating in a report on Friday. Finally, Barclays increased their target price on shares of CACI International from $450.00 to $500.00 and gave the stock an “overweight” rating in a research note on Monday, August 12th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $534.70.

CACI International Stock Down 0.9 %

Shares of CACI opened at $547.36 on Friday. CACI International has a 52-week low of $302.21 and a 52-week high of $570.28. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.42. The stock has a fifty day simple moving average of $496.80 and a two-hundred day simple moving average of $450.76. The company has a market capitalization of $12.20 billion, a PE ratio of 31.62, a price-to-earnings-growth ratio of 2.22 and a beta of 0.93.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.08 by $0.85. The firm had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $1.92 billion. CACI International had a net margin of 5.48% and a return on equity of 14.31%. CACI International’s revenue was up 11.2% compared to the same quarter last year. During the same period last year, the business earned $4.36 earnings per share. As a group, equities analysts forecast that CACI International will post 23 EPS for the current year.

Insider Activity

In related news, insider Gregory R. Bradford sold 10,000 shares of the company’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 transaction of $4,924,100.00. Following the sale, the insider now directly owns 35,538 shares of the company’s stock, valued at $17,499,266.58. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Gregory G. Johnson sold 300 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $471.00, for a total value of $141,300.00. Following the sale, the director now owns 5,910 shares of the company’s stock, valued at $2,783,610. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Gregory R. Bradford sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the transaction, the insider now owns 35,538 shares of the company’s stock, valued at $17,499,266.58. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 21,270 shares of company stock valued at $10,165,972. 1.23% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CACI International

Several institutional investors have recently modified their holdings of the company. UMB Bank n.a. raised its stake in CACI International by 81.4% in the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after buying an additional 35 shares in the last quarter. Covestor Ltd raised its position in shares of CACI International by 8.9% during the 1st quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock worth $237,000 after acquiring an additional 51 shares in the last quarter. Versant Capital Management Inc lifted its stake in CACI International by 900.0% during the second quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock worth $43,000 after purchasing an additional 90 shares during the last quarter. Kendall Capital Management boosted its holdings in CACI International by 8.9% in the second quarter. Kendall Capital Management now owns 1,219 shares of the information technology services provider’s stock valued at $524,000 after purchasing an additional 100 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC increased its stake in CACI International by 35.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock valued at $174,000 after purchasing an additional 105 shares during the last quarter. 86.43% of the stock is 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.