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

CACI International Inc (NYSE:CACI) has been assigned an average recommendation of “Moderate Buy” from the eleven ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $535.90.

CACI has been the subject of several analyst reports. Raymond James downgraded CACI International from an “outperform” rating to a “market perform” rating in a research report on Monday, August 5th. TD Cowen upped their price objective on shares of CACI International from $545.00 to $570.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Bank of America raised their target price on shares of CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a report on Tuesday, September 17th. Wells Fargo & Company cut their price target on shares of CACI International from $637.00 to $564.00 and set an “overweight” rating for the company in a report on Tuesday. Finally, JPMorgan Chase & Co. lifted their price objective on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research note on Wednesday, October 2nd.

CACI International Trading Down 2.6 %

CACI stock opened at $460.30 on Friday. CACI International has a 52 week low of $314.06 and a 52 week high of $588.26. The company has a market capitalization of $10.32 billion, a PE ratio of 22.81, a price-to-earnings-growth ratio of 1.44 and a beta of 0.91. The company’s 50-day simple moving average is $516.70 and its 200 day simple moving average is $470.98. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 1.75.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping the consensus estimate of $5.08 by $0.85. The company had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same period last year, the firm earned $4.36 earnings per share. As a group, sell-side analysts anticipate that CACI International will post 23.45 earnings per share for the current year.

Insider Activity at CACI International

In other news, insider Gregory R. Bradford sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the transaction, the insider now owns 35,538 shares of the company’s stock, valued at $17,499,266.58. This represents a 21.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.35% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CACI International

A number of institutional investors have recently added to or reduced their stakes in the business. Lazard Asset Management LLC bought a new position in shares of CACI International during the first quarter valued at $653,000. Kennedy Capital Management LLC increased its holdings in CACI International by 39.9% in the first quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider’s stock valued at $3,135,000 after purchasing an additional 2,359 shares during the period. Comerica Bank raised its position in CACI International by 13.4% during the 1st quarter. Comerica Bank now owns 11,609 shares of the information technology services provider’s stock worth $4,398,000 after purchasing an additional 1,372 shares during the last quarter. LRI Investments LLC acquired a new position in CACI International during the 1st quarter worth about $293,000. Finally, M&R Capital Management Inc. grew its position in shares of CACI International by 487.2% in the 2nd quarter. M&R Capital Management Inc. now owns 16,930 shares of the information technology services provider’s stock valued at $7,282,000 after buying an additional 14,047 shares during the last quarter. 86.43% of the stock is owned by institutional investors.

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.