CACI International (NYSE:CACI) Price Target Lowered to $480.00 at Wells Fargo & Company

CACI International (NYSE:CACI) had its target price lowered by Wells Fargo & Company from $536.00 to $480.00 in a research note published on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the information technology services provider’s stock.

Several other research analysts have also recently commented on CACI. Cantor Fitzgerald upgraded CACI International to a “strong-buy” rating in a research note on Tuesday. Robert W. Baird reaffirmed an “outperform” rating and issued a $640.00 price target on shares of CACI International in a report on Tuesday, December 17th. Truist Financial lowered their price objective on CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. 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. Finally, The Goldman Sachs Group lowered CACI International from a “neutral” rating to a “sell” rating and lowered their price target for the company from $540.00 to $373.00 in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $521.92.

CACI International Trading Down 0.4 %

CACI International stock opened at $334.29 on Wednesday. The stock has a 50-day moving average price of $392.49 and a 200 day moving average price of $455.63. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. The stock has a market cap of $7.49 billion, a PE ratio of 15.68, a P/E/G ratio of 1.01 and a beta of 0.87. CACI International has a 52 week low of $318.60 and a 52 week high of $588.26.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. Equities research analysts predict that CACI International will post 23.94 earnings per share for the current fiscal year.

Institutional Investors Weigh In On CACI International

A number of hedge funds have recently added to or reduced their stakes in CACI. First Horizon Advisors Inc. raised its stake in shares of CACI International by 40.0% in the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after acquiring an additional 18 shares during the last quarter. Coastline Trust Co acquired a new stake in shares of CACI International in the third quarter valued at approximately $45,000. UMB Bank n.a. raised its position in CACI International by 37.2% in the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock worth $43,000 after purchasing an additional 29 shares during the last quarter. GAMMA Investing LLC lifted its holdings in CACI International by 69.4% during the 4th 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 in the last quarter. Finally, VSM Wealth Advisory LLC bought a new position in CACI International in the 4th quarter valued at $69,000. Institutional investors 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.