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 note issued to investors on Thursday, MarketBeat.com reports. The firm currently has $515.00 target price on the information technology services provider’s stock.

Other equities research analysts also recently issued reports about the company. UBS Group initiated coverage on CACI International in a report on Monday, December 2nd. They set a “buy” rating and a $557.00 target price for the company. StockNews.com cut shares of CACI International from a “buy” rating to a “hold” rating in a research note on Friday, December 27th. Wells Fargo & Company decreased their target price on CACI International from $564.00 to $503.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. TD Cowen cut their price target on CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Finally, Barclays upped their target price on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. One analyst has rated the stock with a sell rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, CACI International presently has a consensus rating of “Moderate Buy” and an average target price of $521.50.

CACI International Stock Down 0.4 %

CACI stock opened at $452.43 on Thursday. The firm’s 50-day moving average is $442.22 and its two-hundred day moving average is $470.79. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $10.14 billion, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 1.31 and a beta of 0.87. CACI International has a 52 week low of $326.60 and a 52 week high of $588.26.

CACI International (NYSE:CACI) last announced its quarterly earnings data 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 business had revenue of $2.06 billion during 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%. The company’s revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.36 earnings per share. On average, analysts forecast that CACI International will post 23.88 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Kendall Capital Management raised its stake in shares of CACI International by 8.9% during the second quarter. Kendall Capital Management now owns 1,219 shares of the information technology services provider’s stock worth $524,000 after buying an additional 100 shares during the last quarter. Bridges Investment Management Inc. acquired a new position in CACI International in the 2nd quarter worth about $489,000. Pacer Advisors Inc. raised its stake in shares of CACI International by 25.5% during the second quarter. Pacer Advisors Inc. now owns 4,238 shares of the information technology services provider’s stock valued at $1,823,000 after acquiring an additional 861 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its stake in CACI International by 26.7% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 48,923 shares of the information technology services provider’s stock valued at $21,043,000 after acquiring an additional 10,295 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of CACI International by 1.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider’s stock worth $146,623,000 after buying an additional 5,610 shares in the last quarter. 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.