CACI International Inc (NYSE:CACI) Receives $415.45 Average Price Target from Analysts

CACI International Inc (NYSE:CACIGet Free Report) has been given an average rating of “Moderate Buy” by the twelve ratings firms that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $415.45.

A number of research firms have weighed in on CACI. Robert W. Baird raised their price objective on shares of CACI International from $370.00 to $464.00 and gave the company an “outperform” rating in a research note on Monday, April 8th. The Goldman Sachs Group raised their price objective on shares of CACI International from $379.00 to $425.00 and gave the company a “neutral” rating in a research note on Tuesday, April 16th. Wells Fargo & Company raised their price objective on shares of CACI International from $410.00 to $468.00 and gave the company an “overweight” rating in a research note on Tuesday, April 30th. Barclays raised their price objective on shares of CACI International from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, April 30th. Finally, TD Cowen lifted their price target on shares of CACI International from $400.00 to $435.00 and gave the stock a “buy” rating in a research note on Monday, May 6th.

Read Our Latest Analysis on CACI International

CACI International Price Performance

Shares of CACI opened at $424.96 on Tuesday. The stock has a market cap of $9.48 billion, a PE ratio of 24.55, a price-to-earnings-growth ratio of 2.04 and a beta of 0.85. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.28 and a current ratio of 1.28. CACI International has a fifty-two week low of $293.69 and a fifty-two week high of $432.03. The firm’s 50-day simple moving average is $383.65 and its two-hundred day simple moving average is $352.29.

CACI International (NYSE:CACIGet Free Report) last issued its quarterly earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share for the quarter, beating the consensus estimate of $5.55 by $0.19. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.86 billion. CACI International had a return on equity of 13.80% and a net margin of 5.37%. The company’s revenue was up 11.1% on a year-over-year basis. During the same period last year, the company earned $4.92 earnings per share. Analysts anticipate that CACI International will post 20.35 earnings per share for the current fiscal year.

Insider Activity at CACI International

In related news, EVP J William Koegel, Jr. sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total transaction of $188,740.00. Following the completion of the sale, the executive vice president now directly owns 23,385 shares in the company, valued at $8,827,369.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other CACI International news, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $427.50, for a total value of $812,250.00. Following the completion of the transaction, the chief financial officer now directly owns 519 shares in the company, valued at $221,872.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP J William Koegel, Jr. sold 500 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total transaction of $188,740.00. Following the completion of the transaction, the executive vice president now owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CACI International

A number of hedge funds have recently modified their holdings of CACI. Fort Washington Investment Advisors Inc. OH bought a new position in shares of CACI International during the fourth quarter worth $18,360,000. Lord Abbett & CO. LLC purchased a new stake in CACI International during the first quarter valued at $18,271,000. Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in CACI International during the third quarter valued at $12,950,000. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in CACI International during the third quarter valued at $12,267,000. Finally, Van ECK Associates Corp raised its stake in CACI International by 293.2% during the first quarter. Van ECK Associates Corp now owns 47,995 shares of the information technology services provider’s stock valued at $18,182,000 after purchasing an additional 35,788 shares in the last quarter. 86.43% of the stock is currently owned by institutional investors.

About CACI International

(Get Free Report

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.

Recommended Stories

Analyst Recommendations for CACI International (NYSE:CACI)

Receive News & Ratings for CACI International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CACI International and related companies with MarketBeat.com's FREE daily email newsletter.