CACI International Inc (NYSE:CACI) Receives $415.45 Consensus Price Target from Brokerages

Shares of CACI International Inc (NYSE:CACI) have been assigned a consensus rating of “Moderate Buy” from the twelve analysts that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $423.64.

CACI has been the topic of several research reports. Truist Financial lifted their price target on shares of CACI International from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, June 27th. StockNews.com raised shares of CACI International from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. The Goldman Sachs Group lifted their price target on shares of CACI International from $379.00 to $425.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 16th. Stifel Nicolaus lifted their price target on shares of CACI International from $390.00 to $430.00 and gave the stock a “buy” rating in a research note on Tuesday, April 23rd. Finally, Robert W. Baird lifted their target price on shares of CACI International from $370.00 to $464.00 and gave the stock an “outperform” rating in a research note on Monday, April 8th.

CACI International Trading Up 0.2 %

Shares of CACI International stock opened at $428.44 on Wednesday. CACI International has a 1 year low of $302.21 and a 1 year high of $439.20. The firm has a market cap of $9.55 billion, a PE ratio of 24.75, a PEG ratio of 2.04 and a beta of 0.92. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.28 and a quick ratio of 1.28. The company has a 50 day simple moving average of $422.95 and a two-hundred day simple moving average of $378.35.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.55 by $0.19. CACI International had a net margin of 5.37% and a return on equity of 13.80%. The business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.86 billion. During the same period in the previous year, the business posted $4.92 earnings per share. CACI International’s revenue for the quarter was up 11.1% on a year-over-year basis. Analysts expect that CACI International will post 20.35 earnings per share for the current fiscal year.

Insider Buying and Selling at CACI International

In other CACI International news, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the business’s stock in a transaction on Monday, May 13th. The shares were sold at an average price of $427.50, for a total transaction of $812,250.00. Following the transaction, the chief financial officer now directly owns 519 shares of the company’s stock, valued at approximately $221,872.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Gregory G. Johnson sold 200 shares of the business’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $428.19, for a total transaction of $85,638.00. Following the sale, the director now owns 6,078 shares in the company, valued at approximately $2,602,538.82. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the business’s stock in a transaction on Monday, May 13th. The shares were sold at an average price of $427.50, for a total transaction of $812,250.00. Following the sale, the chief financial officer now owns 519 shares in the company, valued at approximately $221,872.50. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,100 shares of company stock valued at $1,755,028. 1.20% of the stock is currently owned by company insiders.

Institutional Trading of CACI International

A number of hedge funds have recently modified their holdings of CACI. Eagle Bay Advisors LLC boosted its holdings in shares of CACI International by 91.3% during the 4th quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock valued at $43,000 after buying an additional 63 shares in the last quarter. Anchor Investment Management LLC bought a new position in CACI International in the 4th quarter worth about $152,000. HTLF Bank bought a new position in CACI International in the 1st quarter worth about $229,000. Confluence Wealth Services Inc. bought a new position in CACI International in the 1st quarter worth about $237,000. Finally, Covestor Ltd boosted its stake in CACI International by 8.9% in the 1st quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock worth $237,000 after purchasing an additional 51 shares in the last quarter. Institutional investors own 86.43% of the company’s stock.

CACI International Company Profile

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.