Jefferies Financial Group Cuts CACI International (NYSE:CACI) Price Target to $455.00

CACI International (NYSE:CACI) had its target price dropped by Jefferies Financial Group from $520.00 to $455.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the information technology services provider’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 22.29% from the company’s current price.

A number of other research analysts have also commented on the company. The Goldman Sachs Group lowered CACI International from a “neutral” rating to a “sell” rating and cut their price target for the stock from $540.00 to $373.00 in a report on Thursday, December 12th. Robert W. Baird reiterated an “outperform” rating and set a $640.00 target price on shares of CACI International in a research note on Tuesday, December 17th. TD Cowen decreased 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. Cantor Fitzgerald raised shares of CACI International to a “strong-buy” rating in a research report on Tuesday, February 25th. Finally, UBS Group initiated coverage on shares of CACI International in a research note on Monday, December 2nd. They issued a “buy” rating and a $557.00 target price for the company. One analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $517.31.

CACI International Stock Performance

NYSE:CACI opened at $372.06 on Tuesday. The firm has a market capitalization of $8.34 billion, a PE ratio of 17.45, a PEG ratio of 1.01 and a beta of 0.88. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. CACI International has a 1 year low of $318.60 and a 1 year high of $588.26. The firm’s fifty day simple moving average is $378.71 and its 200 day simple moving average is $443.75.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating 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%. On average, sell-side analysts anticipate that CACI International will post 23.94 EPS for the current year.

Insider Activity

In other news, Director Debora A. Plunkett sold 309 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total value of $112,358.58. Following the sale, the director now owns 2,315 shares in the company, valued at approximately $841,780.30. The trade was a 11.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.35% of the company’s stock.

Institutional Investors Weigh In On CACI International

A number of hedge funds have recently made changes to their positions in the company. 111 Capital bought a new stake in CACI International during the fourth quarter worth about $479,000. Toronto Dominion Bank boosted its holdings in shares of CACI International by 261.5% in the 4th quarter. Toronto Dominion Bank now owns 1,316 shares of the information technology services provider’s stock worth $531,000 after acquiring an additional 952 shares in the last quarter. Studio Investment Management LLC grew its position in CACI International by 22.4% during the 4th quarter. Studio Investment Management LLC now owns 1,670 shares of the information technology services provider’s stock worth $675,000 after acquiring an additional 306 shares during the last quarter. Lazard Asset Management LLC increased its holdings in CACI International by 62.3% during the 4th quarter. Lazard Asset Management LLC now owns 14,214 shares of the information technology services provider’s stock valued at $5,741,000 after purchasing an additional 5,458 shares in the last quarter. Finally, Ethic Inc. raised its position in CACI International by 110.5% in the 4th quarter. Ethic Inc. now owns 1,745 shares of the information technology services provider’s stock valued at $705,000 after purchasing an additional 916 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

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.