CACI International (NYSE:CACI) Hits New 1-Year Low – What’s Next?

Shares of CACI International Inc (NYSE:CACI) hit a new 52-week low during trading on Tuesday . The company traded as low as $334.05 and last traded at $336.92, with a volume of 566533 shares changing hands. The stock had previously closed at $343.01.

Wall Street Analyst Weigh In

CACI has been the topic of a number of research reports. Barclays boosted their target price on shares of CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. Cantor Fitzgerald initiated coverage on shares of CACI International in a research note on Friday, February 7th. They issued an “overweight” rating and a $535.00 price target on the stock. Jefferies Financial Group upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price target on the stock in a research note on Thursday, January 16th. Wells Fargo & Company upped their price target on shares of CACI International from $503.00 to $536.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. Finally, TD Cowen dropped their price target on shares of CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $526.23.

CACI International Stock Performance

The business’s fifty day moving average price is $404.87 and its 200-day moving average price is $462.41. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. The stock has a market cap of $7.59 billion, a PE ratio of 15.87, a P/E/G ratio of 1.09 and a beta of 0.87.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. As a group, equities research analysts forecast that CACI International Inc will post 24.41 EPS for the current fiscal year.

Hedge Funds Weigh In On CACI International

Institutional investors have recently made changes to their positions in the business. First Horizon Advisors Inc. lifted its stake in shares of CACI International by 40.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock worth $32,000 after purchasing an additional 18 shares during the period. Coastline Trust Co bought a new stake in CACI International during the 3rd quarter worth approximately $45,000. UMB Bank n.a. raised its stake in CACI International by 37.2% during the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock worth $43,000 after acquiring an additional 29 shares during the period. GAMMA Investing LLC raised its stake in CACI International by 69.4% during the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock worth $49,000 after acquiring an additional 50 shares during the period. Finally, VSM Wealth Advisory LLC bought a new stake in CACI International during the 4th quarter worth approximately $69,000. Institutional investors 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.