CACI International, Inc. (NYSE:CACI)‘s stock had its “outperform” rating restated by equities research analysts at Cowen and Company in a report issued on Monday. They presently have a $145.00 price objective on the information technology services provider’s stock. Cowen and Company’s price target indicates a potential upside of 19.88% from the company’s previous close.

Several other equities analysts have also issued reports on CACI. Vertical Research began coverage on CACI International in a research note on Thursday, March 16th. They issued a “buy” rating and a $143.00 price target on the stock. Zacks Investment Research lowered CACI International from a “buy” rating to a “sell” rating in a research note on Tuesday, April 18th. Maxim Group reissued a “buy” rating and issued a $161.00 price target (up from $153.00) on shares of CACI International in a research note on Thursday, May 4th. Noble Financial raised CACI International from a “hold” rating to a “buy” rating in a research note on Friday, May 5th. Finally, ValuEngine raised CACI International from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $117.82.

Analyst Recommendations for CACI International (NYSE:CACI)

Shares of CACI International (NYSE:CACI) traded down 0.41% during mid-day trading on Monday, hitting $120.95. 150,169 shares of the company were exchanged. CACI International has a 12-month low of $87.31 and a 12-month high of $135.35. The firm has a 50 day moving average of $123.79 and a 200 day moving average of $123.67. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 18.56 and a beta of 1.72.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, May 3rd. The information technology services provider reported $1.61 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.47 by $0.14. CACI International had a return on equity of 9.75% and a net margin of 3.76%. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the prior year, the business posted $1.38 earnings per share. The firm’s revenue was up 11.2% on a year-over-year basis. Equities research analysts forecast that CACI International will post $6.46 earnings per share for the current year.

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In other news, CEO Kenneth Asbury sold 25,050 shares of the company’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $124.86, for a total transaction of $3,127,743.00. Following the transaction, the chief executive officer now directly owns 50,315 shares of the company’s stock, valued at $6,282,330.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Warren R. Phillips sold 365 shares of the company’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $124.32, for a total value of $45,376.80. Following the transaction, the director now directly owns 5,240 shares in the company, valued at $651,436.80. The disclosure for this sale can be found here. Insiders have sold 25,861 shares of company stock worth $3,229,425 over the last ninety days. 1.15% of the stock is owned by insiders.

Several institutional investors have recently modified their holdings of the company. Glen Harbor Capital Management LLC raised its position in shares of CACI International by 12.5% in the first quarter. Glen Harbor Capital Management LLC now owns 990 shares of the information technology services provider’s stock worth $116,000 after buying an additional 110 shares during the last quarter. Elkfork Partners LLC purchased a new position in shares of CACI International during the fourth quarter worth $139,000. Meadow Creek Investment Management LLC raised its position in shares of CACI International by 12.5% in the first quarter. Meadow Creek Investment Management LLC now owns 1,530 shares of the information technology services provider’s stock worth $180,000 after buying an additional 170 shares during the last quarter. SG Americas Securities LLC raised its position in shares of CACI International by 5.9% in the first quarter. SG Americas Securities LLC now owns 1,658 shares of the information technology services provider’s stock worth $194,000 after buying an additional 93 shares during the last quarter. Finally, Miles Capital Inc. purchased a new position in shares of CACI International during the fourth quarter worth $210,000. 91.06% of the stock is currently owned by institutional investors.

CACI International Company Profile

CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.

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