CACI International (NYSE:CACI) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of CACI International (NYSE:CACI) from a hold rating to a buy rating in a research report sent to investors on Thursday, MarketBeat reports. Jefferies Financial Group currently has $515.00 target price on the information technology services provider’s stock.

A number of other equities analysts also recently weighed in on the stock. Barclays increased their price target on shares of CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. 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 downgraded CACI International from a “neutral” rating to a “sell” rating and lowered their price target for the company from $540.00 to $373.00 in a research report on Thursday, December 12th. JPMorgan Chase & Co. raised their price objective on CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. Finally, Truist Financial decreased their target price on CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a report on Friday, November 22nd. One investment analyst has rated the stock with a sell rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $521.50.

CACI International Trading Down 0.4 %

Shares of CACI International stock opened at $452.43 on Thursday. The firm has a market cap of $10.14 billion, a PE ratio of 22.42, a P/E/G ratio of 1.31 and a beta of 0.87. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. CACI International has a fifty-two week low of $326.60 and a fifty-two week high of $588.26. The business’s fifty day moving average is $442.22 and its two-hundred day moving average is $470.79.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. First Horizon Advisors Inc. grew its stake in CACI International by 40.0% during 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 in the last quarter. Rosenberg Matthew Hamilton grew 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 worth $107,000 after buying an additional 19 shares in the last quarter. UMB Bank n.a. increased its stake in shares of CACI International by 37.2% in the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock worth $43,000 after buying an additional 29 shares during the last quarter. GAMMA Investing LLC raised its holdings in CACI International by 69.4% in the fourth 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 in the last quarter. Finally, Captrust Financial Advisors boosted its stake in CACI International by 10.2% during the 3rd quarter. Captrust Financial Advisors now owns 823 shares of the information technology services provider’s stock valued at $415,000 after acquiring an additional 76 shares during the last quarter. 86.43% of the stock is currently 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.