CACI International (NYSE:CACI) Upgraded by Cantor Fitzgerald to “Strong-Buy” Rating

Cantor Fitzgerald upgraded shares of CACI International (NYSE:CACI) to a strong-buy rating in a report issued on Tuesday morning,Zacks.com reports.

Several other research analysts also recently commented on the stock. Wells Fargo & Company lifted 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. Truist Financial decreased their target price on shares of CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Friday, November 22nd. StockNews.com downgraded shares of CACI International from a “buy” rating to a “hold” rating in a research note on Saturday, January 25th. Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price on the stock in a research note on Thursday, January 16th. Finally, The Goldman Sachs Group downgraded shares of CACI International from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $540.00 to $373.00 in a research note on Thursday, December 12th. One analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $526.23.

CACI International Trading Up 1.5 %

CACI stock opened at $332.05 on Tuesday. The company has a market capitalization of $7.44 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.01 and a beta of 0.87. CACI International has a one year low of $318.60 and a one year high of $588.26. The company’s 50 day moving average price is $396.59 and its two-hundred day moving average price is $458.27. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52.

CACI International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS 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, analysts predict that CACI International will post 23.94 earnings per share for the current fiscal year.

Institutional Trading of CACI International

Several large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its holdings in shares of CACI International by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 490,941 shares of the information technology services provider’s stock valued at $198,417,000 after buying an additional 8,667 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of CACI International by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 429,256 shares of the information technology services provider’s stock valued at $173,445,000 after buying an additional 5,248 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of CACI International by 4.9% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 173,410 shares of the information technology services provider’s stock valued at $70,068,000 after buying an additional 8,175 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of 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 buying an additional 40,867 shares in the last quarter. Finally, Sterling Capital Management LLC boosted its holdings in shares of CACI International by 256.0% during the 4th quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider’s stock valued at $30,187,000 after buying an additional 53,724 shares in the last quarter. Institutional investors own 86.43% of the company’s stock.

CACI International Company Profile

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.