CACI International Inc (NYSE:CACI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

CACI International Inc (NYSE:CACI) has earned a consensus rating of “Moderate Buy” from the eleven analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $393.40.

CACI has been the topic of a number of recent research reports. Robert W. Baird increased their target price on CACI International from $370.00 to $464.00 and gave the stock an “outperform” rating in a research note on Monday. JPMorgan Chase & Co. increased their target price on CACI International from $375.00 to $383.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 6th. Stifel Nicolaus raised CACI International from a “hold” rating to a “buy” rating and increased their price objective for the company from $365.00 to $380.00 in a research report on Friday, January 5th. Truist Financial increased their price objective on CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Jefferies Financial Group cut CACI International from a “buy” rating to a “hold” rating and dropped their price objective for the company from $375.00 to $350.00 in a research report on Wednesday, January 3rd.

Insider Buying and Selling at CACI International

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio raised its stake in shares of CACI International by 0.4% in the fourth quarter. Public Employees Retirement System of Ohio now owns 10,306 shares of the information technology services provider’s stock worth $3,338,000 after buying an additional 37 shares during the period. Cim Investment Management Inc. raised its stake in shares of CACI International by 3.6% in the first quarter. Cim Investment Management Inc. now owns 1,251 shares of the information technology services provider’s stock worth $371,000 after buying an additional 43 shares during the period. Studio Investment Management LLC raised its stake in shares of CACI International by 3.0% in the fourth quarter. Studio Investment Management LLC now owns 1,534 shares of the information technology services provider’s stock worth $461,000 after buying an additional 44 shares during the period. Covestor Ltd raised its stake in shares of CACI International by 9.1% in the third quarter. Covestor Ltd now owns 540 shares of the information technology services provider’s stock worth $170,000 after buying an additional 45 shares during the period. Finally, Eagle Bay Advisors LLC raised its stake in shares of CACI International by 91.3% in the fourth quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock worth $43,000 after buying an additional 63 shares during the period. Institutional investors own 86.43% of the company’s stock.

CACI International Trading Up 0.1 %

NYSE CACI opened at $367.65 on Friday. CACI International has a 12 month low of $293.69 and a 12 month high of $382.65. The stock has a market cap of $8.19 billion, a P/E ratio of 22.27, a P/E/G ratio of 1.88 and a beta of 0.89. The stock’s fifty day moving average price is $368.82 and its 200-day moving average price is $340.79. 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 released 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 return on equity of 13.65% and a net margin of 5.31%. The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same period in the prior year, the company posted $4.28 earnings per share. The company’s revenue was up 11.2% on a year-over-year basis. As a group, equities analysts forecast that CACI International will post 20.32 EPS for the current fiscal year.

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.