Jefferies Financial Group Has Lowered Expectations for CACI International (NYSE:CACI) Stock Price

CACI International (NYSE:CACI) had its target price decreased by equities researchers at Jefferies Financial Group from $520.00 to $455.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the information technology services provider’s stock. Jefferies Financial Group’s price target indicates a potential upside of 22.29% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. Raymond James reissued an “outperform” rating and set a $490.00 price target (up from $475.00) on shares of CACI International in a report on Thursday, January 23rd. William Blair cut shares of CACI International from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. Wells Fargo & Company dropped their price target on shares of CACI International from $536.00 to $480.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 26th. Robert W. Baird reiterated an “outperform” rating and issued a $640.00 price objective on shares of CACI International in a report on Tuesday, December 17th. Finally, Cantor Fitzgerald upgraded shares of CACI International to a “strong-buy” rating in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $517.31.

CACI International Trading Up 1.6 %

NYSE CACI opened at $372.06 on Tuesday. 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 has a one year low of $318.60 and a one year high of $588.26. The company has a 50-day simple moving average of $378.71 and a 200-day simple moving average of $443.75. The firm has a market capitalization of $8.34 billion, a PE ratio of 17.45, a price-to-earnings-growth ratio of 1.01 and a beta of 0.88.

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

Insider Activity at CACI International

In other CACI International news, Director Debora A. Plunkett sold 309 shares of CACI International stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total transaction of $112,358.58. Following the transaction, the director now directly owns 2,315 shares in the company, valued at approximately $841,780.30. The trade was a 11.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.35% of the stock is owned by insiders.

Hedge Funds Weigh In On CACI International

Several institutional investors and hedge funds have recently bought and sold shares of CACI. First Horizon Advisors Inc. boosted its stake in shares of CACI International by 40.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after buying an additional 18 shares during the period. UMB Bank n.a. raised its holdings in shares of CACI International by 37.2% during the fourth 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 in the last quarter. GAMMA Investing LLC boosted its position in CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider’s stock valued at $49,000 after purchasing an additional 50 shares during the last quarter. VSM Wealth Advisory LLC purchased a new position in CACI International in the fourth quarter valued at about $69,000. Finally, Jones Financial Companies Lllp increased its position in CACI International by 452.8% in the 4th quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock worth $80,000 after purchasing an additional 163 shares during the last quarter. Hedge funds and other 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.