CACI International (NYSE:CACI) Upgraded at StockNews.com

StockNews.com upgraded shares of CACI International (NYSE:CACI) from a hold rating to a buy rating in a report released on Friday morning.

A number of other equities research analysts have also issued reports on CACI. Wells Fargo & Company decreased their target price on shares of CACI International from $564.00 to $503.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. UBS Group started coverage on CACI International in a research note on Monday, December 2nd. They issued a “buy” rating and a $557.00 target price on the stock. Raymond James raised CACI International from a “market perform” rating to an “outperform” rating and set a $475.00 target price on the stock in a research report on Thursday, January 2nd. The Goldman Sachs Group lowered CACI International from a “neutral” rating to a “sell” rating and reduced their price target for the company from $540.00 to $373.00 in a report on Thursday, December 12th. Finally, Robert W. Baird reiterated an “outperform” rating and issued a $640.00 target price on shares of CACI International in a research note on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating and twelve have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $521.50.

CACI International Trading Down 0.4 %

CACI International stock opened at $452.43 on Friday. CACI International has a 52 week low of $326.60 and a 52 week high of $588.26. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market capitalization of $10.14 billion, a price-to-earnings ratio of 22.42, a P/E/G ratio of 1.31 and a beta of 0.87. The company has a 50 day moving average price of $442.22 and a 200 day moving average price of $471.10.

CACI International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, beating the consensus estimate of $5.08 by $0.85. The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. CACI International’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the firm earned $4.36 earnings per share. Research analysts forecast that CACI International will post 23.88 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CACI. First Horizon Advisors Inc. raised its position in shares of CACI International by 40.0% during the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after buying an additional 18 shares during the last quarter. UMB Bank n.a. raised its holdings in CACI International by 81.4% in the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after acquiring an additional 35 shares in the last quarter. Coastline Trust Co bought a new stake in shares of CACI International in the 3rd quarter worth approximately $45,000. GAMMA Investing LLC grew its holdings in shares of CACI International by 69.4% during the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after purchasing an additional 50 shares in the last quarter. Finally, Rosenberg Matthew Hamilton increased its position in shares of CACI International by 9.8% during the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock valued at $107,000 after purchasing an additional 19 shares during the period. 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.