Barclays Boosts CACI International (NYSE:CACI) Price Target to $625.00

CACI International (NYSE:CACI) had its target price lifted by Barclays from $610.00 to $625.00 in a research report released on Tuesday morning,Benzinga reports. They currently have an overweight rating on the information technology services provider’s stock.

A number of other analysts have also recently issued reports on the stock. Wells Fargo & Company increased their price objective on shares of CACI International from $525.00 to $577.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 1st. The Goldman Sachs Group raised their price target on CACI International from $471.00 to $520.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Raymond James cut CACI International from an “outperform” rating to a “market perform” rating in a research report on Monday, August 5th. Robert W. Baird boosted their price target on CACI International from $533.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Finally, JPMorgan Chase & Co. increased their price objective on shares of CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a report on Wednesday, October 2nd. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $547.20.

CACI International Price Performance

Shares of CACI International stock opened at $567.39 on Tuesday. The stock’s fifty day moving average is $517.18 and its 200 day moving average is $467.00. CACI International has a one year low of $314.06 and a one year high of $588.26. 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 stock has a market cap of $12.72 billion, a P/E ratio of 28.12, a P/E/G ratio of 2.23 and a beta of 0.91.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, beating analysts’ consensus estimates of $5.08 by $0.85. The firm had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The business’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the firm earned $4.36 EPS. Sell-side analysts anticipate that CACI International will post 23.36 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Gregory R. Bradford sold 10,000 shares of the business’s stock in a transaction that occurred 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 transaction, the insider now owns 35,538 shares of the company’s stock, valued at approximately $17,499,266.58. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Gregory G. Johnson sold 300 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $471.00, for a total value of $141,300.00. Following the sale, the director now directly owns 5,910 shares of the company’s stock, valued at $2,783,610. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Gregory R. Bradford sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $492.41, for a total value of $4,924,100.00. Following the transaction, the insider now owns 35,538 shares of the company’s stock, valued at $17,499,266.58. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 21,270 shares of company stock worth $10,165,972. Corporate insiders own 1.35% of the company’s stock.

Institutional Investors Weigh In On CACI International

A number of institutional investors and hedge funds have recently modified their holdings of CACI. First Horizon Advisors Inc. grew its position in CACI International by 40.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after acquiring an additional 18 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of CACI International by 81.4% during the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after purchasing an additional 35 shares during the period. Versant Capital Management Inc grew its holdings in shares of CACI International by 900.0% in the second quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock worth $43,000 after purchasing an additional 90 shares during the last quarter. Coastline Trust Co bought a new position in shares of CACI International in the third quarter worth about $45,000. Finally, Rosenberg Matthew Hamilton increased its stake in CACI International by 9.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock worth $107,000 after buying an additional 19 shares during the period. 86.43% of the stock is owned by 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.