CACI International (NYSE:CACI) Reaches New 12-Month Low - Here's Why

CACI International Inc (NYSE:CACI - Get Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as $334.05 and last traded at $336.92, with a volume of 566533 shares traded. The stock had previously closed at $343.01.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CACI. Barclays increased their price objective on CACI International from $610.00 to $625.00 and gave the company an "overweight" rating in a report on Tuesday, November 12th. StockNews.com downgraded shares of CACI International from a "buy" rating to a "hold" rating in a report on Saturday, January 25th. Wells Fargo & Company raised their price target on shares of CACI International from $503.00 to $536.00 and gave the stock an "overweight" rating in a research report on Friday, January 24th. The Goldman Sachs Group downgraded shares of CACI International from a "neutral" rating to a "sell" rating and dropped their price objective for the company from $540.00 to $373.00 in a report on Thursday, December 12th. Finally, Truist Financial reduced their target price 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. One research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, CACI International currently has an average rating of "Moderate Buy" and an average target price of $526.23.

CACI International Trading Down 4.4 %

The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. The company's 50-day moving average is $400.05 and its 200 day moving average is $459.94. The company has a market cap of $7.32 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 1.02 and a beta of 0.87.

CACI International (NYSE:CACI - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, beating analysts' consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. Research analysts predict that CACI International Inc will post 23.94 EPS for the current year.

Institutional Trading of CACI International

A number of institutional investors and hedge funds have recently made changes to their positions in CACI. First Horizon Advisors Inc. lifted its position in shares of 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 buying an additional 18 shares in the last quarter. UMB Bank n.a. raised its position in CACI International by 37.2% during the fourth quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider's stock worth $43,000 after acquiring an additional 29 shares during the period. Coastline Trust Co purchased a new position in CACI International during the third quarter valued at $45,000. GAMMA Investing LLC grew its position in shares of CACI International by 69.4% in the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock valued at $49,000 after purchasing an additional 50 shares during the period. Finally, VSM Wealth Advisory LLC acquired a new stake in shares of CACI International in the fourth quarter valued at about $69,000. 86.43% of the stock is currently owned by hedge funds and other 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.