CACI International Inc (NYSE:CACI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

CACI International Inc (NYSE:CACI) has earned an average recommendation of “Moderate Buy” from the fourteen brokerages that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $517.31.

Several equities research analysts have weighed in on the stock. Jefferies Financial Group cut their target price on shares of CACI International from $520.00 to $455.00 and set a “buy” rating on the stock in a report on Tuesday, March 25th. Wells Fargo & Company dropped their price objective on CACI International from $536.00 to $480.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 26th. Raymond James reissued an “outperform” rating and issued a $490.00 target price (up from $475.00) on shares of CACI International in a research note on Thursday, January 23rd. TD Cowen dropped their price target on CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Finally, The Goldman Sachs Group cut CACI International from a “neutral” rating to a “sell” rating and cut their price objective for the company from $540.00 to $373.00 in a report on Thursday, December 12th.

CACI International Stock Up 0.4 %

NYSE:CACI opened at $392.97 on Friday. The stock’s fifty day simple moving average is $367.06 and its 200-day simple moving average is $438.93. The firm has a market capitalization of $8.81 billion, a P/E ratio of 18.43, a P/E/G ratio of 1.01 and a beta of 0.88. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. CACI International has a 12-month low of $318.60 and a 12-month high of $588.26.

CACI International (NYSE:CACI) last posted its earnings results 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 15.30% and a net margin of 5.90%. Equities research analysts expect that CACI International will post 23.94 earnings per share for the current year.

Insider Transactions at CACI International

In other news, Director Debora A. Plunkett sold 309 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total transaction of $112,358.58. Following the completion of the transaction, the director now directly owns 2,315 shares in the company, valued at $841,780.30. This represents a 11.78 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.35% of the company’s stock.

Institutional Trading of CACI International

Hedge funds and other institutional investors have recently modified their holdings of the stock. Van ECK Associates Corp grew its stake in CACI International by 35.2% in the fourth quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock valued at $63,477,000 after purchasing an additional 40,867 shares in the last quarter. Running Oak Capital LLC boosted its holdings in shares of CACI International by 8.9% in the 4th quarter. Running Oak Capital LLC now owns 31,139 shares of the information technology services provider’s stock valued at $12,582,000 after buying an additional 2,533 shares during the last quarter. RNC Capital Management LLC bought a new position in shares of CACI International in the fourth quarter valued at $315,000. Geode Capital Management LLC increased its holdings in CACI International by 5.0% during 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 buying an additional 22,823 shares during the last quarter. Finally, Leuthold Group LLC bought a new stake in CACI International during the fourth quarter worth $2,647,000. 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.