Stifel Nicolaus Boosts CACI International (NYSE:CACI) Price Target to $430.00

CACI International (NYSE:CACI) had its price target upped by Stifel Nicolaus from $390.00 to $430.00 in a note issued to investors on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the information technology services provider’s stock. Stifel Nicolaus’ price objective points to a potential upside of 13.39% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. The Goldman Sachs Group boosted their price objective on CACI International from $379.00 to $425.00 and gave the company a “neutral” rating in a research note on Tuesday, April 16th. Robert W. Baird boosted their price objective on CACI International from $370.00 to $464.00 and gave the company an “outperform” rating in a research note on Monday, April 8th. StockNews.com cut CACI International from a “buy” rating to a “hold” rating in a research note on Monday, April 15th. JPMorgan Chase & Co. boosted their price objective on CACI International from $375.00 to $383.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. Finally, Truist Financial boosted their price objective on CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a research note on Tuesday, April 9th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, CACI International has a consensus rating of “Moderate Buy” and a consensus target price of $400.82.

CACI International Trading Down 0.8 %

NYSE CACI opened at $379.21 on Tuesday. The stock has a market capitalization of $8.45 billion, a price-to-earnings ratio of 22.97, a PEG ratio of 1.87 and a beta of 0.89. CACI International has a one year low of $293.69 and a one year high of $385.70. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 1.32. The business’s fifty day moving average is $371.27 and its 200-day moving average is $344.37.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, January 24th. The information technology services provider reported $4.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.50 by ($0.14). CACI International had a net margin of 5.31% and a return on equity of 13.65%. The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter in the prior year, the firm posted $4.28 earnings per share. The company’s revenue was up 11.2% on a year-over-year basis. Equities research analysts predict that CACI International will post 20.27 EPS for the current year.

Insider Buying and Selling at CACI International

In other news, EVP J William Koegel, Jr. sold 500 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total transaction of $188,740.00. Following the completion of the transaction, the executive vice president now owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Gregory G. Johnson sold 150 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $361.69, for a total transaction of $54,253.50. Following the completion of the transaction, the director now owns 6,446 shares of the company’s stock, valued at $2,331,453.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP J William Koegel, Jr. sold 500 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total value of $188,740.00. Following the transaction, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Confluence Wealth Services Inc. purchased a new stake in CACI International in the first quarter worth approximately $237,000. Running Oak Capital LLC boosted its stake in CACI International by 10.6% in the first quarter. Running Oak Capital LLC now owns 30,101 shares of the information technology services provider’s stock worth $11,403,000 after buying an additional 2,883 shares in the last quarter. M&R Capital Management Inc. purchased a new stake in CACI International in the first quarter worth approximately $1,092,000. Ophir Asset Management Pty Ltd boosted its stake in CACI International by 12.9% in the fourth quarter. Ophir Asset Management Pty Ltd now owns 66,359 shares of the information technology services provider’s stock worth $21,491,000 after buying an additional 7,596 shares in the last quarter. Finally, Pinebridge Investments L.P. boosted its stake in CACI International by 75.0% in the fourth quarter. Pinebridge Investments L.P. now owns 8,980 shares of the information technology services provider’s stock worth $2,908,000 after buying an additional 3,848 shares in the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.