CACI International Inc (NYSE:CACI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of CACI International Inc (NYSE:CACI) have received a consensus recommendation of “Moderate Buy” from the fourteen brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $517.31.

Several research analysts have commented on the stock. StockNews.com lowered shares of CACI International from a “buy” rating to a “hold” rating in a report on Saturday, January 25th. Raymond James reissued an “outperform” rating and issued a $490.00 price target (up from $475.00) on shares of CACI International in a research note on Thursday, January 23rd. The Goldman Sachs Group lowered shares of CACI International from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $540.00 to $373.00 in a report on Thursday, December 12th. Jefferies Financial Group reduced their target price on CACI International from $520.00 to $455.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, UBS Group initiated coverage on CACI International in a research note on Monday, December 2nd. They issued a “buy” rating and a $557.00 target price for the company.

Insider Activity

In other news, Director Debora A. Plunkett sold 309 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total transaction of $112,358.58. Following the sale, the director now owns 2,315 shares in the company, valued at $841,780.30. This represents a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.35% of the company’s stock.

Hedge Funds Weigh In On CACI International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CACI. BNP Paribas Financial Markets increased its holdings in shares of 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 worth $29,745,000 after purchasing an additional 15,961 shares in the last quarter. Captrust Financial Advisors increased its holdings in CACI International by 10.2% in the 3rd quarter. Captrust Financial Advisors now owns 823 shares of the information technology services provider’s stock worth $415,000 after buying an additional 76 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in CACI International in the 3rd quarter worth about $289,000. Geode Capital Management LLC lifted its stake in CACI International by 5.0% during the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after acquiring an additional 22,823 shares during the period. Finally, Toronto Dominion Bank purchased a new stake in shares of CACI International during the 3rd quarter valued at about $184,000. 86.43% of the stock is owned by institutional investors.

CACI International Stock Performance

CACI International stock opened at $375.80 on Friday. CACI International has a 1-year low of $318.60 and a 1-year high of $588.26. The firm has a market cap of $8.43 billion, a P/E ratio of 17.63, a P/E/G ratio of 1.01 and a beta of 0.88. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. The firm has a 50-day moving average of $374.30 and a 200-day moving average of $442.15.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, topping analysts’ consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. Sell-side analysts expect that CACI International will post 23.94 EPS for the current year.

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.