CACI International (NYSE:CACI) Raised to “Buy” at Jefferies Financial Group

CACI International (NYSE:CACI) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage presently has a $515.00 price target on the information technology services provider’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 13.83% from the stock’s current price.

A number of other equities analysts also recently weighed in on the stock. UBS Group started coverage on shares of CACI International in a report on Monday, December 2nd. They set a “buy” rating and a $557.00 target price on the stock. StockNews.com lowered shares of CACI International from a “buy” rating to a “hold” rating in a research note on Friday, December 27th. Truist Financial cut their target price on shares of CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. The Goldman Sachs Group downgraded CACI International from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $540.00 to $373.00 in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. raised their price objective on CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, CACI International currently has a consensus rating of “Moderate Buy” and an average price target of $521.50.

CACI International Trading Down 0.4 %

CACI International stock opened at $452.43 on Thursday. The company has a market cap of $10.14 billion, a price-to-earnings ratio of 22.42, a P/E/G ratio of 1.31 and a beta of 0.87. The firm has a 50-day moving average of $442.22 and a 200-day moving average of $470.49. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. CACI International has a one year low of $326.60 and a one year 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, beating the consensus estimate of $5.08 by $0.85. The firm had revenue of $2.06 billion during 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.36 earnings per share. On average, equities analysts expect that CACI International will post 23.88 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its stake in shares of CACI International by 5.0% in the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after acquiring an additional 22,823 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in CACI International by 1.7% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider’s stock valued at $146,623,000 after purchasing an additional 5,610 shares during the period. Van ECK Associates Corp grew its position in shares of 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 purchasing an additional 34,647 shares in the last quarter. Segall Bryant & Hamill LLC increased its holdings in shares of CACI International by 3.7% during the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock worth $34,179,000 after purchasing an additional 2,396 shares during the period. Finally, BNP Paribas Financial Markets raised its position in shares of 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 buying an additional 15,961 shares in the last quarter. Institutional investors 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.