CACI International (NYSE:CACI) Price Target Raised to $625.00 at Barclays

CACI International (NYSE:CACI) had its price objective upped by Barclays from $610.00 to $625.00 in a report published on Tuesday morning,Benzinga reports. They currently have an overweight rating on the information technology services provider’s stock.

Several other equities analysts have also commented on the stock. Wells Fargo & Company increased their target price on shares of CACI International from $525.00 to $577.00 and gave the company an “overweight” rating in a report on Tuesday, October 1st. The Goldman Sachs Group lifted their price objective on CACI International from $471.00 to $520.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. TD Cowen raised their price target on CACI International from $545.00 to $570.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Robert W. Baird boosted their price objective on CACI International from $533.00 to $640.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. increased their price objective on CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research note on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $547.20.

CACI International Stock Performance

NYSE CACI opened at $567.39 on Tuesday. CACI International has a 52-week low of $314.06 and a 52-week high of $588.26. The company has a fifty day moving average of $517.18 and a 200-day moving average of $467.00. The company has a market capitalization of $12.72 billion, a P/E ratio of 28.12, a P/E/G ratio of 2.23 and a beta of 0.91. 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 issued its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.08 by $0.85. The firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The company’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.36 earnings per share. As a group, equities research analysts predict that CACI International will post 23.36 EPS for the current fiscal year.

Insider Buying and Selling at CACI International

In other news, CEO John S. Mengucci sold 10,000 shares of CACI International stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the sale, the chief executive officer now owns 91,368 shares of the company’s stock, valued at approximately $42,319,830.24. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CEO John S. Mengucci sold 10,000 shares of CACI International stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the sale, the chief executive officer now directly owns 91,368 shares in the company, valued at $42,319,830.24. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP J William Koegel, Jr. sold 970 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $483.27, for a total value of $468,771.90. Following the completion of the transaction, the executive vice president now owns 22,651 shares of the company’s stock, valued at approximately $10,946,548.77. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,270 shares of company stock valued at $10,165,972. 1.35% of the stock is currently owned by company insiders.

Institutional Trading of CACI International

Several hedge funds and other institutional investors have recently made changes to their positions in CACI. First Horizon Advisors Inc. grew its position in CACI International by 40.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 18 shares during the last quarter. UMB Bank n.a. grew its position in CACI International by 81.4% in the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock worth $39,000 after purchasing an additional 35 shares during the period. Coastline Trust Co bought a new position in shares of CACI International during the 3rd quarter valued at $45,000. Versant Capital Management Inc boosted its stake in shares of CACI International by 900.0% in the 2nd quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock worth $43,000 after buying an additional 90 shares during the last quarter. Finally, Rosenberg Matthew Hamilton grew its holdings in shares of CACI International by 9.8% in the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after acquiring an additional 19 shares during the period. Hedge funds and other institutional investors own 86.43% of the company’s stock.

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.