CACI International (NYSE:CACI) Coverage Initiated by Analysts at UBS Group

Analysts at UBS Group began coverage on shares of CACI International (NYSE:CACI) in a research report issued to clients and investors on Monday,Benzinga reports. The firm set a “buy” rating and a $557.00 price target on the information technology services provider’s stock. UBS Group’s price target suggests a potential upside of 21.12% from the company’s current price.

Several other research analysts have also recently weighed in on CACI. Raymond James cut shares of CACI International from an “outperform” rating to a “market perform” rating in a research note on Monday, August 5th. Wells Fargo & Company cut their target price on shares of CACI International from $637.00 to $564.00 and set an “overweight” rating for the company in a report on Tuesday, November 26th. TD Cowen lifted their target price on CACI International from $545.00 to $570.00 and gave the stock a “buy” rating in a report on Friday, October 25th. The Goldman Sachs Group increased their target price on CACI International from $471.00 to $520.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Finally, Robert W. Baird upped their target price on CACI International from $533.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, CACI International has a consensus rating of “Moderate Buy” and a consensus target price of $537.82.

CACI International Price Performance

Shares of CACI International stock opened at $459.88 on Monday. The business has a 50 day moving average of $515.01 and a 200 day moving average of $471.40. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. The company has a market cap of $10.30 billion, a PE ratio of 22.79, a P/E/G ratio of 1.42 and a beta of 0.91. CACI International has a 52 week low of $314.06 and a 52 week high of $588.26.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping 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 revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.36 EPS. As a group, equities research analysts forecast that CACI International will post 23.45 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Gregory R. Bradford sold 10,000 shares of the firm’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 value of $4,924,100.00. Following the completion of the transaction, the insider now directly owns 35,538 shares of the company’s stock, valued at $17,499,266.58. This trade represents a 21.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.35% of the stock is owned by company insiders.

Institutional Investors Weigh In On CACI International

A number of large investors have recently bought and sold shares of the stock. Geode Capital Management LLC lifted its stake in shares of CACI International by 5.0% during the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock worth $243,386,000 after purchasing an additional 22,823 shares during the period. Barrow Hanley Mewhinney & Strauss LLC lifted its position in CACI International by 1.7% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider’s stock worth $146,623,000 after acquiring an additional 5,610 shares in the last quarter. Van ECK Associates Corp increased its stake in CACI International by 42.5% during the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock worth $60,917,000 after buying an additional 34,647 shares during the period. Segall Bryant & Hamill LLC boosted its holdings in CACI International by 3.7% in the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock valued at $34,179,000 after purchasing an additional 2,396 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in CACI International by 37.1% in the third quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock valued at $29,745,000 after acquiring an additional 15,961 shares in 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.