CACI International (NYSE:CACI) Price Target Raised to $513.00

CACI International (NYSE:CACI) had its price target lifted by Wells Fargo & Company from $438.00 to $513.00 in a research note released on Monday,Benzinga reports. They currently have an overweight rating on the information technology services provider’s stock.

Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group reduced their target price on shares of CACI International from $520.00 to $455.00 and set a “buy” rating for the company in a report on Tuesday, March 25th. William Blair cut CACI International from an “outperform” rating to a “market perform” rating in a report on Friday, February 21st. TD Cowen dropped their target price on CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. StockNews.com cut shares of CACI International from a “buy” rating to a “hold” rating in a research note on Saturday, January 25th. Finally, Raymond James restated an “outperform” rating and set a $490.00 price target (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, two have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, CACI International currently has an average rating of “Moderate Buy” and an average target price of $525.25.

CACI International Stock Up 0.0 %

Shares of CACI stock opened at $449.54 on Monday. CACI International has a fifty-two week low of $318.60 and a fifty-two week high of $588.26. The firm has a market capitalization of $10.08 billion, a PE ratio of 21.09, a P/E/G ratio of 1.01 and a beta of 0.78. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. The stock’s 50-day simple moving average is $383.16 and its 200-day simple moving average is $427.07.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share for the quarter, topping the consensus estimate of $5.53 by $0.70. CACI International had a net margin of 5.90% and a return on equity of 15.30%. The company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the prior year, the company earned $5.74 EPS. CACI International’s quarterly revenue was up 11.8% on a year-over-year basis. Equities analysts expect that CACI International will post 23.94 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Debora A. Plunkett sold 309 shares of the company’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total transaction of $112,358.58. Following the completion of the sale, the director now owns 2,315 shares of the company’s stock, valued at $841,780.30. This represents a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.35% of the stock is owned by company insiders.

Hedge Funds Weigh In On CACI International

A number of institutional investors and hedge funds have recently bought and sold shares of CACI. UMB Bank n.a. raised its holdings in CACI International by 37.2% in the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after acquiring an additional 29 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of CACI International by 69.4% in the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after purchasing an additional 50 shares during the last quarter. VSM Wealth Advisory LLC acquired a new stake in shares of CACI International in the fourth quarter valued at approximately $69,000. Jones Financial Companies Lllp lifted its position in CACI International by 452.8% during the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock worth $80,000 after buying an additional 163 shares in the last quarter. Finally, Central Pacific Bank Trust Division boosted its stake in CACI International by 44.1% during the fourth quarter. Central Pacific Bank Trust Division now owns 490 shares of the information technology services provider’s stock worth $198,000 after buying an additional 150 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

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.