CACI International (NYSE:CACI) Price Target Raised to $536.00

CACI International (NYSE:CACI) had its price objective raised by Wells Fargo & Company from $503.00 to $536.00 in a research note released on Friday morning,Benzinga reports. They currently have an overweight rating on the information technology services provider’s stock.

A number of other research firms also recently commented on CACI. TD Cowen cut their price objective on shares of CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target for the company in a research report on Thursday, January 16th. The Goldman Sachs Group lowered shares of CACI International from a “neutral” rating to a “sell” rating and decreased their price target for the company from $540.00 to $373.00 in a report on Thursday, December 12th. Raymond James restated an “outperform” rating and set a $490.00 price objective (up from $475.00) on shares of CACI International in a report on Thursday. Finally, Barclays lifted their target price on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. One 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $525.50.

CACI International Stock Performance

Shares of CACI opened at $405.96 on Friday. The company’s 50 day simple moving average is $433.55 and its 200 day simple moving average is $471.65. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 1.75. The company has a market capitalization of $9.10 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 1.41 and a beta of 0.87. CACI International has a 1 year low of $326.60 and a 1 year high of $588.26.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a return on equity of 15.53% and a net margin of 5.90%. On average, sell-side analysts predict that CACI International will post 23.92 EPS for the current year.

Institutional Investors Weigh In On CACI International

Several hedge funds have recently modified their holdings of the stock. Sumitomo Mitsui Trust Group Inc. acquired a new position in CACI International in the 3rd quarter worth $1,955,000. Geode Capital Management LLC lifted its stake in shares of CACI International by 5.0% in the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock worth $243,386,000 after acquiring an additional 22,823 shares in the last quarter. Segall Bryant & Hamill LLC boosted its holdings in CACI International by 3.7% in 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 purchasing an additional 2,396 shares during the last quarter. Running Oak Capital LLC boosted its holdings in CACI International by 8.9% in the fourth quarter. Running Oak Capital LLC now owns 31,139 shares of the information technology services provider’s stock valued at $12,582,000 after purchasing an additional 2,533 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in CACI International by 286.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,302 shares of the information technology services provider’s stock valued at $657,000 after purchasing an additional 965 shares in the last quarter. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

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.