CACI International (NYSE:CACI) Upgraded to “Outperform” at Raymond James

Raymond James upgraded shares of CACI International (NYSE:CACI) from a market perform rating to an outperform rating in a research report released on Thursday, Marketbeat reports. The brokerage currently has $475.00 price objective on the information technology services provider’s stock.

CACI has been the subject of several other reports. JPMorgan Chase & Co. lifted their target price on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company dropped their price target on CACI International from $637.00 to $564.00 and set an “overweight” rating for the company in a research note on Tuesday, November 26th. UBS Group started coverage on CACI International in a report on Monday, December 2nd. They set a “buy” rating and a $557.00 price objective on the stock. The Goldman Sachs Group lowered CACI International from a “neutral” rating to a “sell” rating and cut their target price for the stock from $540.00 to $373.00 in a research note on Thursday, December 12th. Finally, Bank of America boosted their price objective on shares of CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a report on Tuesday, September 17th. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $520.33.

CACI International Trading Up 1.7 %

Shares of CACI opened at $410.96 on Thursday. CACI International has a twelve month low of $314.06 and a twelve month high of $588.26. The stock has a market cap of $9.21 billion, a PE ratio of 20.36, a P/E/G ratio of 1.33 and a beta of 0.85. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. The business’s 50-day moving average price is $469.83 and its 200-day moving average price is $470.52.

CACI International (NYSE:CACI) last posted its earnings results 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 business had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the prior year, the company posted $4.36 EPS. On average, equities analysts forecast that CACI International will post 23.45 EPS for the current fiscal year.

Institutional Trading of CACI International

Large investors have recently bought and sold shares of the company. First Horizon Advisors Inc. lifted its stake in shares of CACI International by 40.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 18 shares during the period. UMB Bank n.a. lifted its position in CACI International by 81.4% during 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 during the period. Coastline Trust Co bought a new stake in shares of CACI International during the 3rd quarter valued at $45,000. Rosenberg Matthew Hamilton grew its position in shares of CACI International by 9.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after buying an additional 19 shares during the period. Finally, TD Private Client Wealth LLC increased its stake in shares of CACI International by 49.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider’s stock worth $127,000 after acquiring an additional 83 shares in the last quarter. 86.43% of the stock is owned by institutional investors.

About CACI International

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.