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

CACI International Inc (NYSE:CACI - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the eleven ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating and ten have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $522.09.

CACI has been the subject of several recent analyst reports. Wells Fargo & Company lowered their price objective on shares of CACI International from $564.00 to $503.00 and set an "overweight" rating for the company in a research note on Wednesday. Raymond James upgraded CACI International from a "market perform" rating to an "outperform" rating and set a $475.00 price objective for the company in a report on Thursday, January 2nd. Robert W. Baird reissued an "outperform" rating and set a $640.00 target price on shares of CACI International in a research note on Tuesday, December 17th. UBS Group assumed coverage on CACI International in a report on Monday, December 2nd. They set a "buy" rating and a $557.00 target price for the company. Finally, JPMorgan Chase & Co. lifted their price target on shares of CACI International from $520.00 to $555.00 and gave the company an "overweight" rating in a report on Wednesday, October 2nd.

CACI International Trading Up 3.9 %

Shares of NYSE CACI traded up $16.28 during midday trading on Friday, reaching $432.19. The company had a trading volume of 424,029 shares, compared to its average volume of 230,954. The stock has a market cap of $9.68 billion, a PE ratio of 21.42, a price-to-earnings-growth ratio of 1.33 and a beta of 0.87. CACI International has a one year low of $326.47 and a one year high of $588.26. The firm's fifty day moving average price is $453.57 and its 200-day moving average price is $470.43. 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 announced its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share 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 firm had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the previous year, the company posted $4.36 earnings per share. The business's revenue was up 11.2% on a year-over-year basis. On average, equities research analysts anticipate that CACI International will post 23.45 earnings per share for the current year.

Institutional Trading of CACI International

A number of institutional investors have recently made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. purchased a new stake in CACI International during the 3rd quarter valued at about $1,955,000. Geode Capital Management LLC boosted its position in CACI International by 5.0% in the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider's stock valued at $243,386,000 after buying an additional 22,823 shares during the last quarter. Segall Bryant & Hamill LLC increased its holdings in CACI International by 3.7% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider's stock worth $34,179,000 after buying an additional 2,396 shares during the period. Bridges Investment Management Inc. purchased a new position in CACI International during the 2nd quarter worth approximately $489,000. Finally, Farther Finance Advisors LLC lifted its stake in CACI International by 286.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,302 shares of the information technology services provider's stock valued at $657,000 after acquiring an additional 965 shares during the period. Institutional investors and hedge funds 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.