CACI International (NYSE:CACI) Price Target Raised to $536.00

CACI International (NYSE:CACI) had its price target increased by Wells Fargo & Company from $503.00 to $536.00 in a research report released on Friday,Benzinga reports. They currently have an overweight rating on the information technology services provider’s stock.

A number of other analysts have also recently weighed in on the company. UBS Group initiated coverage on CACI International in a research report on Monday, December 2nd. They set a “buy” rating and a $557.00 price objective for the company. StockNews.com raised CACI International from a “hold” rating to a “buy” rating in a report on Friday, January 17th. Barclays boosted their price objective on shares of CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. TD Cowen reduced their target price on shares of CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Finally, Truist Financial dropped their price target on shares of CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $525.50.

CACI International Stock Performance

Shares of CACI International stock opened at $405.96 on Friday. The firm’s fifty day simple moving average is $433.55 and its 200-day simple moving average is $471.65. CACI International has a 12 month low of $326.60 and a 12 month high of $588.26. 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. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, beating 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, equities analysts forecast that CACI International will post 23.92 earnings per share for the current year.

Hedge Funds Weigh In On CACI International

Hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC raised its position in CACI International by 5.0% during the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock worth $243,386,000 after acquiring an additional 22,823 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of CACI International by 42.5% during the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock worth $60,917,000 after purchasing an additional 34,647 shares in the last quarter. Segall Bryant & Hamill LLC raised its position in shares of CACI International by 3.7% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock worth $34,179,000 after purchasing an additional 2,396 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in CACI International by 37.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock valued at $29,745,000 after buying an additional 15,961 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its holdings in CACI International by 36.4% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock valued at $21,417,000 after buying an additional 14,141 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.