CACI International (NYSE:CACI) Hits New 1-Year Low – What’s Next?

CACI International Inc (NYSE:CACI) reached a new 52-week low during trading on Tuesday . The company traded as low as $334.05 and last traded at $336.92, with a volume of 566533 shares. The stock had previously closed at $343.01.

Wall Street Analysts Forecast Growth

CACI has been the topic of a number of recent analyst reports. TD Cowen decreased their target price on shares of CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Jefferies Financial Group upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price on the stock in a research note on Thursday, January 16th. Barclays lifted their price objective on shares of CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th. Robert W. Baird reiterated an “outperform” rating and set a $640.00 price objective on shares of CACI International in a research report on Tuesday, December 17th. Finally, Truist Financial reduced their price objective on shares of CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $526.23.

CACI International Price Performance

The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. The firm’s 50 day simple moving average is $404.87 and its 200 day simple moving average is $462.41. The company has a market capitalization of $7.59 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 1.09 and a beta of 0.87.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. As a group, research analysts anticipate that CACI International Inc will post 24.41 EPS for the current fiscal year.

Institutional Trading of CACI International

Institutional investors and hedge funds have recently made changes to their positions in the company. First Horizon Advisors Inc. raised its holdings in shares of CACI International by 40.0% in the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after acquiring an additional 18 shares in the last quarter. Coastline Trust Co bought a new position in CACI International in the third quarter worth about $45,000. UMB Bank n.a. grew its stake in shares of CACI International by 37.2% during the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock worth $43,000 after acquiring an additional 29 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after acquiring an additional 50 shares during the last quarter. Finally, VSM Wealth Advisory LLC purchased a new stake in shares of CACI International during the fourth quarter worth about $69,000. 86.43% of the stock is currently owned by institutional investors.

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.