CACI International (NYSE:CACI) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of CACI International (NYSE:CACI) from a hold rating to a buy rating in a report released on Friday morning.

CACI has been the subject of a number of other reports. Wells Fargo & Company lowered their target price on CACI International from $564.00 to $503.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Robert W. Baird reissued an “outperform” rating and set a $640.00 price objective on shares of CACI International in a research report on Tuesday, December 17th. The Goldman Sachs Group cut shares of CACI International from a “neutral” rating to a “sell” rating and cut their price objective for the company from $540.00 to $373.00 in a research report on Thursday, December 12th. Jefferies Financial Group upgraded CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price for the company in a report on Thursday. Finally, Truist Financial cut their price target on CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a report on Friday, November 22nd. One analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, CACI International presently has an average rating of “Moderate Buy” and a consensus price target of $521.50.

CACI International Trading Down 0.4 %

Shares of NYSE CACI opened at $452.43 on Friday. CACI International has a twelve month low of $326.60 and a twelve month high of $588.26. The stock 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 company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. The company’s fifty day moving average is $442.22 and its 200-day moving average is $470.49.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, topping the consensus estimate of $5.08 by $0.85. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.92 billion. During the same period in the previous year, the company posted $4.36 earnings per share. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. Equities research analysts predict that CACI International will post 23.88 EPS for the current year.

Institutional Trading of CACI International

Large investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its holdings in shares of CACI International by 4.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 5,861 shares of the information technology services provider’s stock valued at $2,368,000 after purchasing an additional 250 shares during the period. SG Americas Securities LLC increased its position in CACI International by 60.7% during the fourth quarter. SG Americas Securities LLC now owns 956 shares of the information technology services provider’s stock worth $386,000 after buying an additional 361 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its stake in CACI International by 36.4% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock valued at $21,417,000 after buying an additional 14,141 shares during the period. UMB Bank n.a. lifted its position in shares of CACI International by 37.2% in the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after buying an additional 29 shares during the last quarter. Finally, Wedge Capital Management L L P NC boosted its stake in shares of CACI International by 16.0% during the 4th quarter. Wedge Capital Management L L P NC now owns 8,285 shares of the information technology services provider’s stock worth $3,348,000 after acquiring an additional 1,144 shares during the period. Institutional investors and hedge funds own 86.43% of the company’s stock.

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.