CACI International (NYSE:CACI) had its price objective boosted by stock analysts at Loop Capital to $140.00 in a note issued to investors on Wednesday, The Fly reports. Loop Capital’s price objective points to a potential upside of 4.36% from the stock’s current price.
Several other brokerages have also issued reports on CACI. BidaskClub raised CACI International from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. Noble Financial lowered CACI International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Seaport Global Securities reaffirmed a “buy” rating and set a $152.00 price target (up previously from $140.00) on shares of CACI International in a research note on Monday, October 9th. ValuEngine lowered CACI International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. Finally, Cowen reaffirmed a “buy” rating and set a $152.00 price target on shares of CACI International in a research note on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $148.09.
CACI International (NYSE:CACI) opened at $134.15 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.53 and a quick ratio of 1.53. The company has a market capitalization of $3,258.60, a price-to-earnings ratio of 19.93, a price-to-earnings-growth ratio of 1.92 and a beta of 1.57. CACI International has a one year low of $112.10 and a one year high of $147.31.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Eagle Asset Management increased its holdings in CACI International by 73.7% in the third quarter. Eagle Asset Management now owns 312,472 shares of the information technology services provider’s stock valued at $23,112,000 after purchasing an additional 132,541 shares during the last quarter. Victory Capital Management Inc. increased its holdings in CACI International by 24,603.6% in the fourth quarter. Victory Capital Management Inc. now owns 421,938 shares of the information technology services provider’s stock valued at $39,147,000 after purchasing an additional 420,230 shares during the last quarter. Cardinal Capital Management increased its holdings in CACI International by 3.5% in the fourth quarter. Cardinal Capital Management now owns 3,689 shares of the information technology services provider’s stock valued at $342,000 after purchasing an additional 126 shares during the last quarter. EAM Investors LLC bought a new stake in CACI International in the fourth quarter valued at about $3,025,000. Finally, SG Americas Securities LLC increased its holdings in 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 valued at $194,000 after purchasing an additional 93 shares during the last quarter. Institutional investors and hedge funds own 88.39% of the company’s stock.
TRADEMARK VIOLATION NOTICE: “CACI International (CACI) Given New $140.00 Price Target at Loop Capital” was first published by American Banking and Market News and is owned by of American Banking and Market News. If you are reading this news story on another website, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The legal version of this news story can be read at https://www.americanbankingnews.com/2018/01/03/caci-international-caci-given-new-140-00-price-target-at-loop-capital.html.
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.
