CACI International (NYSE:CACI) Stock Rating Lowered by The Goldman Sachs Group

The Goldman Sachs Group downgraded shares of CACI International (NYSE:CACI - Free Report) from a neutral rating to a sell rating in a report released on Thursday, MarketBeat Ratings reports. They currently have $373.00 target price on the information technology services provider's stock, down from their prior target price of $540.00.

A number of other equities analysts have also weighed in on the stock. TD Cowen boosted their price objective on shares of CACI International from $545.00 to $570.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Robert W. Baird increased their price target on CACI International from $533.00 to $640.00 and gave the stock an "outperform" rating in a research note on Friday, October 25th. Truist Financial lowered their price objective on CACI International from $650.00 to $550.00 and set a "buy" rating for the company in a research report on Friday, November 22nd. Barclays raised their price target on CACI International from $610.00 to $625.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 12th. Finally, Bank of America upped their price objective on shares of CACI International from $535.00 to $555.00 and gave the company a "buy" rating in a research note on Tuesday, September 17th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, CACI International has a consensus rating of "Moderate Buy" and an average target price of $524.45.

CACI International Price Performance

CACI traded down $16.00 during midday trading on Thursday, reaching $414.00. 378,424 shares of the company's stock were exchanged, compared to its average volume of 132,025. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. The business's 50-day moving average price is $506.97 and its 200 day moving average price is $472.62. CACI International has a 1-year low of $314.06 and a 1-year high of $588.26. The stock has a market capitalization of $9.28 billion, a PE ratio of 21.33, a P/E/G ratio of 1.41 and a beta of 0.85.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.08 by $0.85. The business had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The business's revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the business earned $4.36 earnings per share. As a group, equities analysts anticipate that CACI International will post 23.45 EPS for the current fiscal year.

Insider Activity at CACI International

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the business's stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the transaction, the insider now owns 35,538 shares in the company, valued at $17,499,266.58. The trade was a 21.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.35% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CACI International

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. First Horizon Advisors Inc. lifted its holdings in CACI International by 40.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider's stock worth $32,000 after buying an additional 18 shares in the last quarter. Rosenberg Matthew Hamilton lifted its stake in shares of CACI International by 9.8% in the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider's stock worth $107,000 after acquiring an additional 19 shares in the last quarter. UMB Bank n.a. boosted its holdings in CACI International by 81.4% in the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider's stock valued at $39,000 after purchasing an additional 35 shares during the last quarter. Captrust Financial Advisors grew its stake in CACI International by 10.2% during the 3rd quarter. Captrust Financial Advisors now owns 823 shares of the information technology services provider's stock valued at $415,000 after purchasing an additional 76 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its holdings in CACI International by 49.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider's stock worth $127,000 after purchasing an additional 83 shares during the last quarter. 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.