CACI International (NYSE:CACI) Reaches New 12-Month Low - Time to Sell?

CACI International Inc (NYSE:CACI - Get Free Report) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $352.93 and last traded at $356.81, with a volume of 133564 shares trading hands. The stock had previously closed at $364.92.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Robert W. Baird reissued an "outperform" rating and issued a $640.00 price target on shares of CACI International in a report on Tuesday, December 17th. UBS Group assumed coverage on CACI International in a report on Monday, December 2nd. They issued a "buy" rating and a $557.00 price target for the company. Cantor Fitzgerald started coverage on CACI International in a report on Friday, February 7th. They issued an "overweight" rating and a $535.00 price target for the company. Wells Fargo & Company raised their price objective on CACI International from $503.00 to $536.00 and gave the company an "overweight" rating in a research note on Friday, January 24th. Finally, TD Cowen dropped their price objective on CACI International from $610.00 to $480.00 and set a "buy" rating for the company in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $526.23.

CACI International Stock Down 1.3 %

The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52. The firm has a 50-day simple moving average of $408.96 and a two-hundred day simple moving average of $464.16. The company has a market cap of $7.59 billion, a PE ratio of 15.88, a P/E/G ratio of 1.09 and a beta of 0.87.

CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, topping the consensus estimate 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 anticipate that CACI International Inc will post 24.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CACI International

Several institutional investors have recently added to or reduced their stakes in CACI. Argent Capital Management LLC acquired a new position in CACI International in the third quarter valued at $208,000. Nisa Investment Advisors LLC increased its stake in CACI International by 13.4% in the third quarter. Nisa Investment Advisors LLC now owns 2,328 shares of the information technology services provider's stock valued at $1,175,000 after purchasing an additional 275 shares during the last quarter. Rosenberg Matthew Hamilton increased its stake in CACI International by 9.8% in the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider's stock valued at $107,000 after purchasing an additional 19 shares during the last quarter. New York State Common Retirement Fund increased its stake in CACI International by 13.1% in the third quarter. New York State Common Retirement Fund now owns 31,853 shares of the information technology services provider's stock valued at $16,072,000 after purchasing an additional 3,700 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in CACI International by 286.4% in the third quarter. Farther Finance Advisors LLC now owns 1,302 shares of the information technology services provider's stock valued at $657,000 after purchasing an additional 965 shares during the last quarter. 86.43% of the stock is currently 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.