Brokerages Set CACI International Inc (NYSE:CACI) PT at $463.00

Shares of CACI International Inc (NYSE:CACI) have earned an average rating of “Moderate Buy” from the eleven research firms that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $463.00.

A number of equities analysts have commented on CACI shares. Truist Financial raised their price objective on CACI International from $500.00 to $520.00 and gave the stock a “buy” rating in a research note on Thursday, September 5th. JPMorgan Chase & Co. boosted their price target on CACI International from $383.00 to $458.00 and gave the company an “overweight” rating in a research note on Wednesday, July 10th. TD Cowen upped their price objective on shares of CACI International from $435.00 to $480.00 and gave the stock a “buy” rating in a research report on Friday, July 12th. Bank of America boosted their target price on shares of CACI International from $450.00 to $535.00 and gave the company a “buy” rating in a research report on Tuesday, August 27th. Finally, Raymond James lowered shares of CACI International from an “outperform” rating to a “market perform” rating in a research report on Monday, August 5th.

CACI International Trading Up 1.0 %

CACI stock opened at $476.24 on Monday. CACI International has a 52 week low of $302.21 and a 52 week high of $489.18. The company has a market capitalization of $10.62 billion, a PE ratio of 27.51, a price-to-earnings-growth ratio of 2.01 and a beta of 0.93. The company’s 50-day simple moving average is $459.95 and its 200 day simple moving average is $422.19. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.27 and a current ratio of 1.27.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, August 7th. The information technology services provider reported $6.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.93 by $0.68. CACI International had a net margin of 5.48% and a return on equity of 14.31%. The firm had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same quarter in the prior year, the business posted $5.30 EPS. The business’s revenue was up 19.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that CACI International will post 23.07 earnings per share for the current year.

Insider Transactions at CACI International

In related news, CEO John S. Mengucci sold 10,000 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the sale, the chief executive officer now owns 91,368 shares of the company’s stock, valued at approximately $42,319,830.24. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO John S. Mengucci sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $463.18, for a total value of $4,631,800.00. Following the completion of the transaction, the chief executive officer now owns 91,368 shares in the company, valued at approximately $42,319,830.24. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Gregory G. Johnson sold 300 shares of CACI International stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total transaction of $141,300.00. Following the sale, the director now owns 5,910 shares in the company, valued at $2,783,610. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,270 shares of company stock worth $5,241,872. Corporate insiders own 1.23% of the company’s stock.

Institutional Trading of CACI International

Several institutional investors have recently modified their holdings of CACI. Covestor Ltd increased its position in CACI International by 8.9% during the 1st quarter. Covestor Ltd now owns 624 shares of the information technology services provider’s stock valued at $237,000 after purchasing an additional 51 shares during the period. Eagle Bay Advisors LLC increased its position 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 buying an additional 63 shares during the period. Versant Capital Management Inc raised its stake in 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 buying an additional 90 shares during the last quarter. Kendall Capital Management raised its stake in CACI International by 8.9% during the second quarter. Kendall Capital Management now owns 1,219 shares of the information technology services provider’s stock worth $524,000 after buying an additional 100 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its holdings in CACI International by 35.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock valued at $174,000 after buying an additional 105 shares during the period. Institutional investors own 86.43% of the company’s stock.

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.