CACI International (NYSE:CACI) Stock Rating Lowered by StockNews.com

CACI International (NYSE:CACI - Get Free Report) was downgraded by stock analysts at StockNews.com from a "buy" rating to a "hold" rating in a note issued to investors on Saturday.

Several other analysts have also recently weighed in on the company. Truist Financial cut their price objective on CACI International from $650.00 to $550.00 and set a "buy" rating on the stock in a research report on Friday, November 22nd. Barclays upped 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. Raymond James reissued an "outperform" rating and set a $490.00 price objective (up previously from $475.00) on shares of CACI International in a research report on Thursday. JPMorgan Chase & Co. upped their target price on shares of CACI International from $520.00 to $555.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 2nd. Finally, Robert W. Baird reissued an "outperform" rating and set a $640.00 price target on shares of CACI International in a research report on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $525.50.

CACI International Trading Down 3.7 %

CACI traded down $15.69 during trading on Friday, hitting $405.96. 718,815 shares of the stock traded hands, compared to its average volume of 227,178. The firm has a market capitalization of $9.10 billion, a P/E ratio of 19.04, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87. CACI International has a 12-month low of $326.60 and a 12-month high of $588.26. 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 firm has a 50-day moving average of $433.55 and a 200 day moving average of $471.35.

CACI International (NYSE:CACI - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 15.53% and a net margin of 5.90%. Equities research analysts anticipate that CACI International will post 23.92 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. First Horizon Advisors Inc. lifted its stake in CACI International by 40.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider's stock valued at $32,000 after acquiring an additional 18 shares during the period. UMB Bank n.a. raised its holdings in shares of CACI International by 81.4% during 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. Coastline Trust Co bought a new position in CACI International during the third quarter valued at approximately $45,000. GAMMA Investing LLC grew its position in CACI International by 69.4% in the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock worth $49,000 after purchasing an additional 50 shares during the period. Finally, Rosenberg Matthew Hamilton raised its stake in CACI International by 9.8% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider's stock valued at $107,000 after buying an additional 19 shares during the last quarter. 86.43% of the stock is owned by institutional investors.

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.