CACI International Inc (NYSE:CACI) Given Consensus Recommendation of "Moderate Buy" by Brokerages

CACI International Inc (NYSE:CACI - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the twelve brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $524.45.

CACI has been the subject of several recent analyst reports. Truist Financial decreased their price objective 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. Robert W. Baird restated an "outperform" rating and set a $640.00 price target on shares of CACI International in a report on Tuesday. TD Cowen lifted their price objective on CACI International from $545.00 to $570.00 and gave the stock a "buy" rating in a research note on Friday, October 25th. Barclays increased their target price on CACI International from $610.00 to $625.00 and gave the company an "overweight" rating in a research note on Tuesday, November 12th. Finally, Bank of America lifted their price target on CACI International from $535.00 to $555.00 and gave the stock a "buy" rating in a research report on Tuesday, September 17th.

CACI International Stock Down 2.8 %

Shares of NYSE:CACI traded down $11.81 on Wednesday, reaching $403.33. The company had a trading volume of 181,940 shares, compared to its average volume of 134,023. The stock has a market capitalization of $9.04 billion, a P/E ratio of 19.99, a P/E/G ratio of 1.33 and a beta of 0.85. The stock has a 50-day moving average price of $496.95 and a 200 day moving average price of $472.21. CACI International has a twelve month low of $314.06 and a twelve month high of $588.26. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48.

CACI International (NYSE:CACI - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share for the quarter, topping 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 firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same period in the previous year, the company earned $4.36 EPS. The company's revenue for the quarter was up 11.2% on a year-over-year basis. On average, equities analysts expect that CACI International will post 23.45 EPS for the current year.

Hedge Funds Weigh In On CACI International

A number of hedge funds and other institutional investors have recently made changes to their positions in CACI. TD Private Client Wealth LLC grew its stake in shares of CACI International by 49.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider's stock valued at $127,000 after purchasing an additional 83 shares during the period. Toronto Dominion Bank acquired a new position in CACI International during the third quarter worth $184,000. Geode Capital Management LLC boosted its stake in shares of 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 valued at $243,386,000 after purchasing an additional 22,823 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of CACI International in the 3rd quarter worth about $289,000. Finally, Captrust Financial Advisors increased its position in shares of CACI International by 10.2% during the 3rd quarter. Captrust Financial Advisors now owns 823 shares of the information technology services provider's stock worth $415,000 after purchasing an additional 76 shares in the last quarter. 86.43% of the stock is owned by institutional investors.

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.