CACI International (NYSE:CACI) Trading Down 4.1% – Should You Sell?

CACI International Inc (NYSE:CACI)’s stock price fell 4.1% on Friday . The stock traded as low as $405.76 and last traded at $404.56. 168,193 shares were traded during trading, a decline of 53% from the average session volume of 361,635 shares. The stock had previously closed at $421.64.

Analyst Ratings Changes

Several research firms have weighed in on CACI. The Goldman Sachs Group lowered 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. Wells Fargo & Company boosted their price target on CACI International from $503.00 to $536.00 and gave the stock an “overweight” rating in a research report on Friday. Barclays boosted their price target on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Robert W. Baird reaffirmed an “outperform” rating and set a $640.00 price target on shares of CACI International in a research report on Tuesday, December 17th. Finally, Jefferies Financial Group raised CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target on the stock in a research report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating and twelve have given a buy rating to the stock. According to MarketBeat, CACI International presently has a consensus rating of “Moderate Buy” and an average price target of $525.50.

CACI International Trading Down 2.0 %

The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 1.75. The business has a fifty day simple moving average of $434.84 and a 200 day simple moving average of $471.18. The stock has a market capitalization of $9.26 billion, a price-to-earnings ratio of 19.39, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, beating analysts’ consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 15.53% and a net margin of 5.90%. As a group, research analysts expect that CACI International Inc will post 23.92 EPS for the current year.

Institutional Trading of CACI International

Several institutional investors and hedge funds have recently modified their holdings of CACI. Pacer Advisors Inc. lifted its position in shares of CACI International by 25.5% during the 2nd quarter. Pacer Advisors Inc. now owns 4,238 shares of the information technology services provider’s stock worth $1,823,000 after buying an additional 861 shares during the last quarter. Marshall Wace LLP bought a new position in CACI International in the second quarter valued at about $1,997,000. Driehaus Capital Management LLC raised its position in CACI International by 125.8% in the second quarter. Driehaus Capital Management LLC now owns 1,215 shares of the information technology services provider’s stock valued at $523,000 after purchasing an additional 677 shares during the last quarter. UMB Bank n.a. raised its position in CACI International by 81.4% in the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after purchasing an additional 35 shares during the last quarter. Finally, Wedge Capital Management L L P NC raised its position in CACI International by 4.0% in the third quarter. Wedge Capital Management L L P NC now owns 7,141 shares of the information technology services provider’s stock valued at $3,603,000 after purchasing an additional 275 shares during the last quarter. 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.