CACI International Inc (NYSE:CACI) Receives $434.55 Average PT from Analysts

CACI International Inc (NYSE:CACI) has been given a consensus recommendation of “Moderate Buy” by the twelve brokerages that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $434.55.

CACI has been the topic of a number of recent research reports. Barclays increased their price objective on shares of CACI International from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Tuesday, April 30th. Truist Financial increased their price objective on shares of CACI International from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, June 27th. Stifel Nicolaus increased their price objective on shares of CACI International from $390.00 to $430.00 and gave the company a “buy” rating in a research note on Tuesday, April 23rd. StockNews.com upgraded shares of CACI International from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Finally, Wells Fargo & Company increased their price objective on shares of CACI International from $410.00 to $468.00 and gave the company an “overweight” rating in a research note on Tuesday, April 30th.

Insider Buying and Selling at CACI International

In other CACI International news, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the firm’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $427.50, for a total value of $812,250.00. Following the completion of the sale, the chief financial officer now directly owns 519 shares in the company, valued at $221,872.50. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other CACI International news, Director Gregory G. Johnson sold 200 shares of the firm’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $428.19, for a total value of $85,638.00. Following the completion of the transaction, the director now owns 6,078 shares of the company’s stock, valued at $2,602,538.82. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Jeffrey D. Maclauchlan sold 1,900 shares of the firm’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $427.50, for a total transaction of $812,250.00. Following the completion of the transaction, the chief financial officer now directly owns 519 shares of the company’s stock, valued at approximately $221,872.50. The disclosure for this sale can be found here. Insiders sold a total of 4,100 shares of company stock worth $1,755,028 over the last three months. Corporate insiders own 1.23% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CACI. Eagle Bay Advisors LLC raised its holdings in shares of CACI International by 91.3% during the fourth quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider’s stock worth $43,000 after purchasing an additional 63 shares during the last quarter. Versant Capital Management Inc raised its holdings in shares of CACI International by 900.0% during the second quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock worth $43,000 after purchasing an additional 90 shares during the last quarter. GPS Wealth Strategies Group LLC raised its holdings in shares of CACI International by 35.1% during the second quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock worth $174,000 after purchasing an additional 105 shares during the last quarter. HTLF Bank purchased a new position in shares of CACI International during the first quarter worth $229,000. Finally, Confluence Wealth Services Inc. purchased a new position in shares of CACI International during the first quarter worth $237,000. Hedge funds and other institutional investors own 86.43% of the company’s stock.

CACI International Price Performance

Shares of CACI stock opened at $449.03 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market capitalization of $10.01 billion, a P/E ratio of 25.94, a P/E/G ratio of 1.90 and a beta of 0.92. The company’s 50-day simple moving average is $431.66 and its two-hundred day simple moving average is $392.91. CACI International has a one year low of $302.21 and a one year high of $459.35.

CACI International (NYSE:CACI) last issued its earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 EPS for the quarter, topping analysts’ consensus estimates of $5.55 by $0.19. CACI International had a net margin of 5.37% and a return on equity of 13.80%. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.86 billion. During the same period in the prior year, the firm earned $4.92 EPS. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. As a group, equities analysts anticipate that CACI International will post 20.34 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.