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

Shares of CACI International Inc (NYSE:CACI - Get Free Report) hit a new 52-week low during mid-day 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.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CACI shares. The Goldman Sachs Group lowered CACI International from a "neutral" rating to a "sell" rating and lowered their price objective for the stock from $540.00 to $373.00 in a research note on Thursday, December 12th. Jefferies Financial Group raised CACI International from a "hold" rating to a "buy" rating and set a $515.00 price target for the company in a research note on Thursday, January 16th. Cantor Fitzgerald started coverage on shares of CACI International in a research note on Friday, February 7th. They set an "overweight" rating and a $535.00 price objective on the stock. Raymond James restated an "outperform" rating and issued a $490.00 target price (up from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. Finally, UBS Group assumed coverage on shares of CACI International in a research report on Monday, December 2nd. They set a "buy" rating and a $557.00 price target on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $526.23.

CACI International Stock Down 0.3 %

The firm has a 50-day simple moving average of $407.00 and a 200 day simple moving average of $463.28. The stock has a market capitalization of $7.57 billion, a P/E ratio of 15.90, a P/E/G ratio of 1.09 and a beta of 0.87. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings data 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 net margin of 5.90% and a return on equity of 15.30%. On average, equities research analysts forecast that CACI International Inc will post 24.41 EPS for the current year.

Institutional Trading of CACI International

Institutional investors and hedge funds have recently bought and sold shares of the stock. Argent Capital Management LLC bought a new stake in shares of CACI International in the 3rd quarter valued at about $208,000. Nisa Investment Advisors LLC increased its position in CACI International by 13.4% during the 3rd 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 period. Rosenberg Matthew Hamilton raised its holdings 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 worth $107,000 after purchasing an additional 19 shares during the last quarter. New York State Common Retirement Fund raised its holdings in CACI International by 13.1% during the 3rd quarter. New York State Common Retirement Fund now owns 31,853 shares of the information technology services provider's stock worth $16,072,000 after purchasing an additional 3,700 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of CACI International by 286.4% in 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 purchasing an additional 965 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

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.