CACI International (NYSE:CACI) Earns “Outperform” Rating from Raymond James

CACI International (NYSE:CACI)‘s stock had its “outperform” rating restated by investment analysts at Raymond James in a report issued on Thursday,Benzinga reports. They presently have a $490.00 price objective on the information technology services provider’s stock, up from their previous price objective of $475.00. Raymond James’ price objective points to a potential upside of 5.32% from the stock’s current price.

CACI has been the topic of several other research reports. Robert W. Baird restated an “outperform” rating and issued a $640.00 target price on shares of CACI International in a report on Tuesday, December 17th. Jefferies Financial Group upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target on the stock in a research note on Thursday, January 16th. TD Cowen dropped their price target on shares of CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. StockNews.com upgraded shares of CACI International from a “hold” rating to a “buy” rating in a research note on Friday, January 17th. Finally, UBS Group initiated coverage on shares of CACI International in a research note on Monday, December 2nd. They set a “buy” rating and a $557.00 price target on the stock. One research analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, CACI International currently has a consensus rating of “Moderate Buy” and an average target price of $522.75.

CACI International Trading Up 0.0 %

Shares of CACI stock opened at $465.24 on Thursday. CACI International has a 12-month low of $326.60 and a 12-month high of $588.26. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The firm’s 50 day moving average is $436.23 and its 200 day moving average is $471.53. The stock has a market capitalization of $10.43 billion, a P/E ratio of 23.05, a P/E/G ratio of 1.41 and a beta of 0.87.

CACI International (NYSE:CACI) last issued its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.77% and a return on equity of 14.78%. Research analysts expect that CACI International will post 23.92 earnings per share for the current year.

Institutional Trading of CACI International

Several large investors have recently made changes to their positions in CACI. Van ECK Associates Corp boosted its holdings in shares of CACI International by 42.5% in the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock valued at $60,917,000 after acquiring an additional 34,647 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of CACI International by 5.0% in the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after acquiring an additional 22,823 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of CACI International by 37.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock valued at $29,745,000 after acquiring an additional 15,961 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of CACI International by 36.4% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock valued at $21,417,000 after acquiring an additional 14,141 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of CACI International in the 2nd quarter valued at $1,997,000. 86.43% of the stock is owned by hedge funds and other institutional investors.

About CACI International

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.