CACI International, Inc. (NYSE:CACI) has been assigned an average rating of “Buy” from the twelve analysts that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $125.33.

CACI has been the topic of several research analyst reports. Zacks Investment Research cut shares of CACI International from a “buy” rating to a “sell” rating in a research note on Tuesday, April 18th. ValuEngine raised shares of CACI International from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Cowen and Company reissued an “outperform” rating and set a $145.00 price target on shares of CACI International in a research note on Monday, June 19th. Noble Financial raised shares of CACI International from a “hold” rating to a “buy” rating in a research note on Monday, May 15th. Finally, Maxim Group reissued a “buy” rating and set a $161.00 price target (up from $153.00) on shares of CACI International in a research note on Thursday, May 4th.

Shares of CACI International (CACI) traded down 0.334% during midday trading on Monday, reaching $126.875. The company had a trading volume of 28,494 shares. The firm’s 50 day moving average price is $125.35 and its 200-day moving average price is $123.31. CACI International has a 12 month low of $92.65 and a 12 month high of $135.35. The company has a market capitalization of $3.10 billion, a P/E ratio of 19.465 and a beta of 1.57.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, May 3rd. The information technology services provider reported $1.61 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.47 by $0.14. CACI International had a net margin of 3.76% and a return on equity of 9.75%. The firm 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 firm earned $1.38 earnings per share. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. Analysts anticipate that CACI International will post $6.45 earnings per share for the current fiscal year.

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In related news, CEO Kenneth Asbury sold 25,050 shares of the stock in a transaction that occurred on Tuesday, May 9th. The shares were sold at an average price of $124.86, for a total value of $3,127,743.00. Following the transaction, the chief executive officer now directly owns 50,315 shares in the company, valued at $6,282,330.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gregory G. Johnson sold 355 shares of the stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $127.00, for a total transaction of $45,085.00. Following the completion of the transaction, the director now owns 4,965 shares in the company, valued at $630,555. The disclosure for this sale can be found here. Insiders sold 25,861 shares of company stock worth $3,229,425 over the last 90 days. 1.15% of the stock is currently owned by company insiders.

Institutional investors have recently made changes to their positions in the stock. State Street Corp raised its position in shares of CACI International by 6.2% in the first quarter. State Street Corp now owns 580,799 shares of the information technology services provider’s stock valued at $68,127,000 after buying an additional 33,745 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of CACI International by 4.5% in the first quarter. Bank of New York Mellon Corp now owns 480,228 shares of the information technology services provider’s stock valued at $56,331,000 after buying an additional 20,898 shares in the last quarter. Martingale Asset Management L P raised its position in shares of CACI International by 945.0% in the first quarter. Martingale Asset Management L P now owns 18,810 shares of the information technology services provider’s stock valued at $2,207,000 after buying an additional 17,010 shares in the last quarter. Geode Capital Management LLC raised its position in shares of CACI International by 9.0% in the first quarter. Geode Capital Management LLC now owns 191,284 shares of the information technology services provider’s stock valued at $22,437,000 after buying an additional 15,724 shares in the last quarter. Finally, Macquarie Group Ltd. acquired a new position in shares of CACI International during the fourth quarter valued at $1,168,000. Institutional investors and hedge funds own 89.84% of the company’s stock.

About CACI International

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.

Analyst Recommendations for CACI International (NYSE:CACI)

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