CACI International (NYSE:CACI) Rating Lowered to Market Perform at William Blair

CACI International (NYSE:CACI) was downgraded by research analysts at William Blair from an “outperform” rating to a “market perform” rating in a research note issued to investors on Friday,Finviz reports.

A number of other brokerages have also recently commented on CACI. Robert W. Baird restated an “outperform” rating and set a $640.00 target price on shares of CACI International in a report on Tuesday, December 17th. Wells Fargo & Company boosted their price objective 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. Barclays upped their price objective on shares of CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. Truist Financial lowered their target price on shares of CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a report on Friday, November 22nd. Finally, UBS Group started coverage on CACI International in a research note on Monday, December 2nd. They issued a “buy” rating and a $557.00 price target on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, CACI International has an average rating of “Moderate Buy” and an average price target of $526.23.

CACI International Price Performance

CACI stock opened at $341.67 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52. CACI International has a 1 year low of $330.24 and a 1 year high of $588.26. The firm has a 50-day moving average of $401.71 and a 200 day moving average of $460.75. The company has a market cap of $7.66 billion, a P/E ratio of 16.03, a PEG ratio of 1.02 and a beta of 0.87.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. On average, sell-side analysts forecast that CACI International will post 23.94 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Van ECK Associates Corp lifted its stake in CACI International by 35.2% during the 4th quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock valued at $63,477,000 after acquiring an additional 40,867 shares during the period. Sumitomo Mitsui Trust Group Inc. bought a new position in CACI International during the third quarter valued at approximately $1,955,000. Running Oak Capital LLC boosted its holdings in CACI International by 8.9% in the fourth quarter. Running Oak Capital LLC now owns 31,139 shares of the information technology services provider’s stock worth $12,582,000 after purchasing an additional 2,533 shares during the last quarter. RNC Capital Management LLC bought a new stake in CACI International in the 4th quarter worth approximately $315,000. Finally, Geode Capital Management LLC grew its position in CACI International by 5.0% in the 3rd 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. 86.43% of the stock is owned by institutional investors.

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.