CACI International (NYSE:CACI) Receives Outperform Rating from Raymond James

Raymond James reiterated their outperform rating on shares of CACI International (NYSE:CACI) in a research note issued to investors on Thursday morning,Benzinga reports. Raymond James currently has a $490.00 target price on the information technology services provider’s stock, up from their prior target price of $475.00.

Other analysts have also recently issued reports about the company. Barclays upped 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. UBS Group initiated coverage on shares of CACI International in a research report on Monday, December 2nd. They set a “buy” rating and a $557.00 price objective for the company. Robert W. Baird restated an “outperform” rating and issued a $640.00 target price on shares of CACI International in a report on Tuesday, December 17th. TD Cowen cut their price target on shares of 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, Jefferies Financial Group raised CACI International from a “hold” rating to a “buy” rating and set a $515.00 price objective for the company in a research report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, CACI International currently has a consensus rating of “Moderate Buy” and an average target price of $525.50.

CACI International Trading Down 3.7 %

Shares of NYSE CACI opened at $405.96 on Thursday. The firm has a 50 day moving average price of $433.55 and a two-hundred day moving average price of $471.35. The stock has a market cap of $9.10 billion, a P/E ratio of 19.04, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87. CACI International has a 52-week low of $326.60 and a 52-week 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.

CACI International (NYSE:CACI) last announced 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 15.53% and a net margin of 5.90%. As a group, equities analysts forecast that CACI International will post 23.92 EPS for the current year.

Hedge Funds Weigh In On CACI International

Several large investors have recently bought and sold shares of CACI. Trust Point Inc. bought a new stake in CACI International in the 4th quarter worth about $457,000. Running Oak Capital LLC increased its position in shares of CACI International by 8.9% during 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 acquiring an additional 2,533 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in CACI International by 4.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 5,861 shares of the information technology services provider’s stock worth $2,368,000 after acquiring an additional 250 shares during the period. SG Americas Securities LLC boosted its position in CACI International by 60.7% in the fourth quarter. SG Americas Securities LLC now owns 956 shares of the information technology services provider’s stock worth $386,000 after purchasing an additional 361 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in CACI International by 36.4% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock valued at $21,417,000 after purchasing an additional 14,141 shares during the period. 86.43% of the stock is currently owned by institutional investors.

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.