CACI International (NYSE:CACI) Price Target Increased to $425.00 by Analysts at The Goldman Sachs Group

CACI International (NYSE:CACI) had its price objective lifted by The Goldman Sachs Group from $379.00 to $425.00 in a research report sent to investors on Tuesday, Benzinga reports. They currently have a neutral rating on the information technology services provider’s stock.

Other analysts have also issued research reports about the company. Wells Fargo & Company upped their target price on CACI International from $387.00 to $410.00 and gave the stock an overweight rating in a report on Thursday, April 4th. StockNews.com downgraded shares of CACI International from a buy rating to a hold rating in a research report on Monday. Truist Financial lifted their price objective on shares of CACI International from $385.00 to $410.00 and gave the stock a buy rating in a research report on Tuesday, April 9th. JPMorgan Chase & Co. lifted their price objective on shares of CACI International from $375.00 to $383.00 and gave the stock an overweight rating in a research report on Tuesday, February 6th. Finally, Jefferies Financial Group downgraded shares of CACI International from a buy rating to a hold rating and cut their price objective for the stock from $375.00 to $350.00 in a research report on Wednesday, January 3rd. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of Moderate Buy and an average target price of $396.27.

CACI International Stock Performance

Shares of CACI International stock opened at $366.52 on Tuesday. CACI International has a 12 month low of $293.69 and a 12 month high of $382.65. The stock’s fifty day moving average price is $369.92 and its 200-day moving average price is $342.31. The firm has a market cap of $8.17 billion, a P/E ratio of 22.20, a P/E/G ratio of 1.83 and a beta of 0.89. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.53.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, January 24th. The information technology services provider reported $4.36 EPS for the quarter, missing analysts’ consensus estimates of $4.50 by ($0.14). CACI International had a net margin of 5.31% and a return on equity of 13.65%. The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same period last year, the business posted $4.28 EPS. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. On average, equities research analysts expect that CACI International will post 20.27 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP J William Koegel, Jr. sold 500 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total value of $188,740.00. Following the sale, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP J William Koegel, Jr. sold 500 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total value of $188,740.00. Following the sale, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gregory G. Johnson sold 150 shares of the company’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $361.69, for a total transaction of $54,253.50. Following the completion of the sale, the director now directly owns 6,446 shares in the company, valued at $2,331,453.74. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.

Institutional Trading of CACI International

Large investors have recently made changes to their positions in the business. Eagle Bay Advisors LLC lifted its stake in shares of CACI International by 91.3% in the 4th quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 63 shares during the period. Brown Brothers Harriman & Co. lifted its stake in shares of CACI International by 47.7% in the 1st quarter. Brown Brothers Harriman & Co. now owns 288 shares of the information technology services provider’s stock valued at $87,000 after purchasing an additional 93 shares during the period. Anchor Investment Management LLC acquired a new position in shares of CACI International in the 4th quarter valued at $152,000. Covestor Ltd lifted its stake in shares of CACI International by 9.1% in the 3rd quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock valued at $170,000 after purchasing an additional 45 shares during the period. Finally, Argent Trust Co acquired a new position in shares of CACI International in the 1st quarter valued at $229,000. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Company Profile

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.