CACI International (NYSE:CACI) Earns Outperform Rating from Raymond James

CACI International (NYSE:CACI)‘s stock had its “outperform” rating reissued by equities research analysts at Raymond James in a research note issued on Thursday,Benzinga reports. They currently have a $490.00 target price on the information technology services provider’s stock, up from their previous target price of $475.00. Raymond James’ price target suggests a potential upside of 20.70% from the company’s previous close.

A number of other research firms have also weighed in on CACI. TD Cowen cut their price objective on shares of CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. UBS Group began coverage on shares of CACI International in a research report on Monday, December 2nd. They set a “buy” rating and a $557.00 price target on the stock. Robert W. Baird restated an “outperform” rating and set a $640.00 price target on shares of CACI International in a research report on Tuesday, December 17th. StockNews.com upgraded shares of CACI International from a “hold” rating to a “buy” rating in a research report on Friday, January 17th. Finally, Jefferies Financial Group upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target on the stock in a research report on Thursday, January 16th. One analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $525.50.

CACI International Trading Down 3.7 %

NYSE:CACI opened at $405.96 on Thursday. CACI International has a 52 week low of $326.60 and a 52 week high of $588.26. The firm has a 50 day moving average of $433.55 and a 200 day moving average of $471.03. 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 stock has a market capitalization of $9.10 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 1.41 and a beta of 0.87.

CACI International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.53%. As a group, sell-side analysts anticipate that CACI International will post 23.92 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CACI International

A number of institutional investors have recently bought and sold shares of CACI. First Horizon Advisors Inc. raised its stake in 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 worth $32,000 after purchasing an additional 18 shares during the period. UMB Bank n.a. raised its stake in shares of 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 during the period. Coastline Trust Co purchased a new stake in shares of CACI International in the 3rd quarter valued at approximately $45,000. GAMMA Investing LLC raised its stake in shares of CACI International by 69.4% in the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after acquiring an additional 50 shares during the period. Finally, Rosenberg Matthew Hamilton raised its stake 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 valued at $107,000 after acquiring an additional 19 shares during the period. 86.43% of the stock is owned by hedge funds and other 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.