Analysts Set CACI International Inc (NYSE:CACI) PT at $537.20

CACI International Inc (NYSE:CACI - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eleven analysts that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $537.20.

CACI has been the topic of a number of research analyst reports. Raymond James cut CACI International from an "outperform" rating to a "market perform" rating in a report on Monday, August 5th. Wells Fargo & Company increased their price target on CACI International from $525.00 to $577.00 and gave the stock an "overweight" rating in a report on Tuesday, October 1st. Truist Financial cut their price target on CACI International from $650.00 to $550.00 and set a "buy" rating on the stock in a report on Friday. JPMorgan Chase & Co. increased their price target on CACI International from $520.00 to $555.00 and gave the stock an "overweight" rating in a report on Wednesday, October 2nd. Finally, Barclays increased their price target on CACI International from $610.00 to $625.00 and gave the stock an "overweight" rating in a report on Tuesday, November 12th.

Insider Transactions at CACI International

In related news, insider Gregory R. Bradford sold 10,000 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the sale, the insider now directly owns 35,538 shares of the company's stock, valued at approximately $17,499,266.58. This represents a 21.96 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP J William Koegel, Jr. sold 970 shares of the stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $483.27, for a total value of $468,771.90. Following the completion of the sale, the executive vice president now directly owns 22,651 shares of the company's stock, valued at $10,946,548.77. The trade was a 4.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.35% of the stock is owned by insiders.

Institutional Investors Weigh In On CACI International

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sumitomo Mitsui Trust Group Inc. purchased a new stake in CACI International in the 3rd quarter valued at $1,955,000. Kennedy Capital Management LLC increased its position in shares of CACI International by 39.9% during the 1st quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider's stock valued at $3,135,000 after purchasing an additional 2,359 shares during the last quarter. Comerica Bank increased its position in shares of CACI International by 13.4% during the 1st quarter. Comerica Bank now owns 11,609 shares of the information technology services provider's stock valued at $4,398,000 after purchasing an additional 1,372 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in shares of CACI International during the 1st quarter valued at $653,000. Finally, Bridges Investment Management Inc. purchased a new stake in shares of CACI International during the 2nd quarter valued at $489,000. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Trading Down 1.4 %

CACI stock opened at $468.78 on Friday. The company has a fifty day moving average price of $517.47 and a two-hundred day moving average price of $469.75. CACI International has a one year low of $314.06 and a one year high of $588.26. The stock has a market cap of $10.51 billion, a price-to-earnings ratio of 23.24, a price-to-earnings-growth ratio of 1.85 and a beta of 0.91. 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 (NYSE:CACI - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, beating the consensus estimate of $5.08 by $0.85. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The business had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $1.92 billion. During the same period in the prior year, the business posted $4.36 earnings per share. The firm's revenue was up 11.2% on a year-over-year basis. Equities analysts anticipate that CACI International will post 23.47 EPS for the current year.

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.