CACI International (NYSE:CACI) Given New $625.00 Price Target at Barclays

CACI International (NYSE:CACI - Get Free Report) had its target price upped by equities research analysts at Barclays from $610.00 to $625.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has an "overweight" rating on the information technology services provider's stock. Barclays's price target points to a potential upside of 10.15% from the stock's previous close.

Several other equities research analysts have also issued reports on CACI. Wells Fargo & Company lifted their price objective on shares of CACI International from $525.00 to $577.00 and gave the company an "overweight" rating in a research note on Tuesday, October 1st. The Goldman Sachs Group upped their price target on CACI International from $471.00 to $520.00 and gave the stock a "neutral" rating in a research note on Friday, October 25th. Bank of America raised their price objective on CACI International from $535.00 to $555.00 and gave the company a "buy" rating in a research note on Tuesday, September 17th. TD Cowen upped their target price on CACI International from $545.00 to $570.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Finally, Truist Financial reiterated a "buy" rating and issued a $650.00 target price (up from $520.00) on shares of CACI International in a research note on Friday, October 25th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $547.20.

CACI International Trading Down 0.9 %

NYSE CACI traded down $5.05 on Tuesday, hitting $567.39. 153,238 shares of the stock were exchanged, compared to its average volume of 113,512. The company's 50-day moving average price is $515.39 and its two-hundred day moving average price is $465.85. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. CACI International has a 52-week low of $314.06 and a 52-week high of $588.26. The company has a market capitalization of $12.72 billion, a price-to-earnings ratio of 28.40, a P/E/G ratio of 2.23 and a beta of 0.91.

CACI International (NYSE:CACI - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping analysts' consensus estimates of $5.08 by $0.85. The firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The business's quarterly revenue was up 11.2% compared to the same quarter last year. During the same period last year, the company posted $4.36 EPS. Research analysts predict that CACI International will post 23.36 EPS for the current year.

Insider Activity

In other news, CEO John S. Mengucci sold 10,000 shares of the firm's stock in a transaction dated 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 $42,319,830.24. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CEO John S. Mengucci sold 10,000 shares of the firm's stock in a transaction 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 of the company's stock, valued at approximately $42,319,830.24. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gregory G. Johnson sold 300 shares of the stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total transaction of $141,300.00. Following the transaction, the director now owns 5,910 shares of the company's stock, valued at approximately $2,783,610. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,270 shares of company stock valued at $10,165,972 in the last quarter. Company insiders own 1.35% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC increased its position in CACI International by 418.0% during the 1st quarter. SG Americas Securities LLC now owns 4,522 shares of the information technology services provider's stock worth $1,713,000 after buying an additional 3,649 shares during the period. Lord Abbett & CO. LLC acquired a new stake in shares of CACI International in the first quarter valued at approximately $18,271,000. Covestor Ltd boosted its stake in shares of CACI International by 8.9% in the first quarter. Covestor Ltd now owns 624 shares of the information technology services provider's stock valued at $237,000 after buying an additional 51 shares during the period. LRI Investments LLC bought a new position in CACI International during the 1st quarter worth $293,000. Finally, Lazard Asset Management LLC acquired a new position in CACI International in the 1st quarter valued at $653,000. 86.43% of the stock is owned by institutional investors and hedge funds.

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.