CACI International (NYSE:CACI) Upgraded by Jefferies Financial Group to “Buy” Rating

CACI International (NYSE:CACI) was upgraded by research analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a report issued on Thursday,Briefing.com Automated Import reports. The brokerage currently has a $515.00 price objective on the information technology services provider’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 15.38% from the stock’s previous close.

Several other research firms have also weighed in on CACI. TD Cowen lowered their target price on shares of CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Wells Fargo & Company lowered their target price on shares of CACI International from $564.00 to $503.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. JPMorgan Chase & Co. boosted their target price 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. UBS Group assumed coverage on shares of CACI International in a research note on Monday, December 2nd. They set a “buy” rating and a $557.00 target price for the company. Finally, StockNews.com lowered shares of CACI International from a “buy” rating to a “hold” rating in a research note on Friday, December 27th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, CACI International presently has an average rating of “Moderate Buy” and an average target price of $521.50.

CACI International Trading Up 1.2 %

NYSE CACI opened at $446.34 on Thursday. The company’s fifty day simple moving average is $446.62 and its 200-day simple moving average is $470.43. CACI International has a 52 week low of $326.47 and a 52 week 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 stock has a market cap of $10.00 billion, a P/E ratio of 22.12, a PEG ratio of 1.33 and a beta of 0.87.

CACI International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.08 by $0.85. The firm 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 firm’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the company posted $4.36 earnings per share. Equities research analysts predict that CACI International will post 23.45 EPS for the current fiscal year.

Hedge Funds Weigh In On CACI International

Large investors have recently made changes to their positions in the business. First Horizon Advisors Inc. increased its holdings in shares of CACI International by 40.0% in 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 period. UMB Bank n.a. increased its holdings in CACI International by 81.4% in the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock worth $39,000 after buying an additional 35 shares during the last quarter. Coastline Trust Co acquired a new position in CACI International in the third quarter worth approximately $45,000. GAMMA Investing LLC increased its holdings in CACI International by 69.4% in the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after buying an additional 50 shares during the last quarter. Finally, Rosenberg Matthew Hamilton increased its holdings in 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 buying an additional 19 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

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.