CACI International Inc (NYSE:CACI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of CACI International Inc (NYSE:CACI) have received a consensus rating of “Moderate Buy” from the eleven analysts that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $537.20.

CACI has been the topic of several research analyst reports. Truist Financial reduced 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 report on Friday. The Goldman Sachs Group upped their target price on CACI International from $471.00 to $520.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. TD Cowen raised their target price on CACI International from $545.00 to $570.00 and gave the company a “buy” rating in a research note on Friday, October 25th. Robert W. Baird lifted their price target on CACI International from $533.00 to $640.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Finally, Barclays increased their price objective on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th.

Insiders Place Their Bets

In other CACI International news, EVP J William Koegel, Jr. sold 970 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $483.27, for a total transaction of $468,771.90. Following the sale, the executive vice president now directly owns 22,651 shares in the company, valued at approximately $10,946,548.77. This trade represents a 4.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Gregory R. Bradford sold 10,000 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the transaction, the insider now owns 35,538 shares of the company’s stock, valued at $17,499,266.58. This represents a 21.96 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.35% of the company’s stock.

Institutional Investors Weigh In On CACI International

Several institutional investors have recently modified their holdings of the business. Lazard Asset Management LLC purchased a new stake in CACI International in the first quarter worth approximately $653,000. Kennedy Capital Management LLC boosted its stake in shares of CACI International by 39.9% in the 1st quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider’s stock worth $3,135,000 after buying an additional 2,359 shares during the last quarter. Comerica Bank boosted its stake in shares of CACI International by 13.4% in the 1st quarter. Comerica Bank now owns 11,609 shares of the information technology services provider’s stock worth $4,398,000 after buying an additional 1,372 shares during the last quarter. LRI Investments LLC bought a new stake in shares of CACI International in the first quarter worth $293,000. Finally, M&R Capital Management Inc. increased its position in CACI International by 487.2% during the second quarter. M&R Capital Management Inc. now owns 16,930 shares of the information technology services provider’s stock valued at $7,282,000 after acquiring an additional 14,047 shares during the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Trading Down 1.4 %

CACI opened at $468.89 on Friday. CACI International has a one year low of $314.06 and a one year high of $588.26. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. The business has a 50 day simple moving average of $517.47 and a two-hundred day simple moving average of $469.75. The firm has a market capitalization of $10.51 billion, a price-to-earnings ratio of 23.24, a PEG ratio of 1.73 and a beta of 0.91.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, beating analysts’ consensus estimates of $5.08 by $0.85. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The firm’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.36 earnings per share. Analysts predict that CACI International will post 23.42 EPS for the current year.

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.