CACI International Inc (NYSE:CACI) Given Average Rating of “Moderate Buy” by Brokerages

CACI International Inc (NYSE:CACI) has earned an average rating of “Moderate Buy” from the twelve brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $524.45.

A number of equities analysts have issued reports on CACI shares. The Goldman Sachs Group lowered CACI International from a “neutral” rating to a “sell” rating and decreased their price target for the company from $540.00 to $373.00 in a research note on Thursday, December 12th. Barclays boosted their price target on shares of CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Bank of America upped their price target on shares of CACI International from $535.00 to $555.00 and gave the company a “buy” rating in a report on Tuesday, September 17th. JPMorgan Chase & Co. boosted their target price on shares of CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. Finally, Wells Fargo & Company reduced 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.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Van ECK Associates Corp grew 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 valued at $60,917,000 after acquiring an additional 34,647 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of CACI International by 5.0% during the third 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. BNP Paribas Financial Markets boosted its holdings in shares of CACI International by 37.1% during the third quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock worth $29,745,000 after purchasing an additional 15,961 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its position in CACI International by 26.7% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 48,923 shares of the information technology services provider’s stock valued at $21,043,000 after purchasing an additional 10,295 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC increased its stake 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 buying an additional 5,610 shares during the period. 86.43% of the stock is owned by institutional investors and hedge funds.

CACI International Price Performance

Shares of NYSE CACI opened at $402.72 on Wednesday. The stock has a market cap of $9.02 billion, a P/E ratio of 19.96, a P/E/G ratio of 1.33 and a beta of 0.85. The firm’s 50-day simple moving average is $492.33 and its 200 day simple moving average is $471.93. CACI International has a fifty-two week low of $314.06 and a fifty-two week high of $588.26. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48.

CACI International (NYSE:CACI) last released 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 company had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. CACI International’s revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the firm earned $4.36 EPS. Equities analysts expect that CACI International will post 23.45 EPS for the current year.

About CACI International

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.