Analysts Set CACI International Inc (NYSE:CACI) Price Target at $537.20

CACI International Inc (NYSE:CACI) has been assigned an average rating of “Moderate Buy” from the eleven ratings firms that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $537.20.

CACI has been the subject of several analyst reports. Bank of America raised their price target on shares of CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a report on Tuesday, September 17th. Truist Financial cut their price target on shares of CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a report on Friday. TD Cowen lifted their price objective on shares of CACI International from $545.00 to $570.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Robert W. Baird lifted their price objective on shares of CACI International from $533.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Finally, Raymond James downgraded shares of CACI International from an “outperform” rating to a “market perform” rating in a report on Monday, August 5th.

Insider Buying and Selling

In related news, EVP J William Koegel, Jr. sold 970 shares of CACI International stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $483.27, for a total value of $468,771.90. Following the transaction, the executive vice president now owns 22,651 shares in the company, valued at $10,946,548.77. This trade represents a 4.11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Gregory R. Bradford sold 10,000 shares of CACI International stock in a transaction on Monday, September 16th. The stock was sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the completion of the transaction, the insider now owns 35,538 shares in the company, valued at approximately $17,499,266.58. The trade was a 21.96 % decrease in their position. The disclosure for this sale can be found here. 1.35% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CACI International

Hedge funds have recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of CACI International in the third quarter valued at about $1,955,000. Kennedy Capital Management LLC increased its position in shares of CACI International by 39.9% during the first quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider’s stock valued at $3,135,000 after buying an additional 2,359 shares during the period. Comerica Bank increased its position in shares of CACI International by 13.4% during the first quarter. Comerica Bank now owns 11,609 shares of the information technology services provider’s stock valued at $4,398,000 after buying an additional 1,372 shares during the period. Lazard Asset Management LLC purchased a new position in shares of CACI International during the first quarter valued at about $653,000. Finally, Segall Bryant & Hamill LLC increased its position in shares of CACI International by 3.7% during the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock valued at $34,179,000 after buying an additional 2,396 shares during the period. Hedge funds and other institutional investors own 86.43% of the company’s stock.

CACI International Stock Down 0.9 %

CACI opened at $464.60 on Friday. The company has a 50 day moving average of $516.95 and a 200 day moving average of $470.67. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. CACI International has a 12 month low of $314.06 and a 12 month high of $588.26. The company has a market cap of $10.41 billion, a PE ratio of 23.02, a price-to-earnings-growth ratio of 1.45 and a beta of 0.91.

CACI International (NYSE:CACI) last announced its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, beating the consensus estimate of $5.08 by $0.85. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The firm had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same period last year, the firm earned $4.36 EPS. The business’s quarterly revenue was up 11.2% compared to the same quarter last year. On average, sell-side analysts expect that CACI International will post 23.47 EPS for the current year.

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.