CACI International Inc (NYSE:CACI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

CACI International Inc (NYSE:CACI) has received an average rating of “Moderate Buy” from the eleven ratings firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $463.00.

CACI has been the subject of several research analyst reports. Truist Financial boosted their price objective on CACI International from $500.00 to $520.00 and gave the company a “buy” rating in a research report on Thursday, September 5th. Barclays increased their price objective on shares of CACI International from $450.00 to $500.00 and gave the stock an “overweight” rating in a research report on Monday, August 12th. Raymond James cut shares of CACI International from an “outperform” rating to a “market perform” rating in a research report on Monday, August 5th. JPMorgan Chase & Co. upped their target price on shares of CACI International from $383.00 to $458.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 10th. Finally, TD Cowen lifted their price target on CACI International from $435.00 to $480.00 and gave the company a “buy” rating in a research note on Friday, July 12th.

Insider Activity at CACI International

In related news, EVP J William Koegel, Jr. sold 970 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $483.27, for a total transaction of $468,771.90. Following the completion of the transaction, the executive vice president now directly owns 22,651 shares of the company’s stock, valued at $10,946,548.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, EVP J William Koegel, Jr. sold 970 shares of the business’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $483.27, for a total transaction of $468,771.90. Following the transaction, the executive vice president now directly owns 22,651 shares in the company, valued at $10,946,548.77. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO John S. Mengucci sold 10,000 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the completion of the sale, the chief executive officer now owns 91,368 shares of the company’s stock, valued at approximately $42,319,830.24. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,270 shares of company stock valued at $5,241,872. 1.23% of the stock is owned by insiders.

Hedge Funds Weigh In On CACI International

Hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets raised its stake in CACI International by 43.5% in the 4th quarter. BNP Paribas Financial Markets now owns 14,123 shares of the information technology services provider’s stock valued at $4,574,000 after acquiring an additional 4,283 shares during the period. Kennedy Capital Management LLC raised its holdings in CACI International by 39.9% in the 1st quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider’s stock valued at $3,135,000 after acquiring an additional 2,359 shares during the period. SG Americas Securities LLC lifted its position in CACI International by 418.0% during the first quarter. SG Americas Securities LLC now owns 4,522 shares of the information technology services provider’s stock worth $1,713,000 after acquiring an additional 3,649 shares during the last quarter. M&R Capital Management Inc. bought a new stake in shares of CACI International during the first quarter worth approximately $1,092,000. Finally, Running Oak Capital LLC grew its position in shares of 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 valued at $11,403,000 after purchasing an additional 2,883 shares during the last quarter. Institutional investors own 86.43% of the company’s stock.

CACI International Trading Up 1.0 %

CACI opened at $476.24 on Monday. The firm’s fifty day moving average is $459.95 and its two-hundred day moving average is $422.19. The firm has a market cap of $10.62 billion, a PE ratio of 27.51, a price-to-earnings-growth ratio of 2.01 and a beta of 0.93. CACI International has a twelve month low of $302.21 and a twelve month high of $489.18. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.27 and a current ratio of 1.27.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, August 7th. The information technology services provider reported $6.61 EPS for the quarter, topping the consensus estimate of $5.93 by $0.68. CACI International had a return on equity of 14.31% and a net margin of 5.48%. The business had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter last year, the business posted $5.30 EPS. The firm’s revenue was up 19.7% compared to the same quarter last year. Equities research analysts anticipate that CACI International will post 23.07 EPS for the current year.

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.