Shares of CACI International Inc (NYSE:CACI - Get Free Report) saw strong trading volume on Wednesday . 537,824 shares changed hands during mid-day trading, an increase of 178% from the previous session's volume of 193,200 shares.The stock last traded at $360.29 and had previously closed at $353.02.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on CACI shares. StockNews.com lowered shares of CACI International from a "buy" rating to a "hold" rating in a research note on Saturday, January 25th. Cantor Fitzgerald upgraded CACI International to a "strong-buy" rating in a research note on Tuesday, February 25th. Truist Financial cut their price objective on shares of CACI International from $650.00 to $550.00 and set a "buy" rating on the stock in a report on Friday, November 22nd. Jefferies Financial Group upgraded shares of CACI International from a "hold" rating to a "buy" rating and set a $515.00 target price for the company in a report on Thursday, January 16th. Finally, Wells Fargo & Company cut their price target on shares of CACI International from $536.00 to $480.00 and set an "overweight" rating on the stock in a report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, CACI International currently has an average rating of "Moderate Buy" and a consensus price target of $521.92.
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CACI International Price Performance
The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.80. The stock has a market cap of $8.70 billion, a PE ratio of 18.19, a PEG ratio of 1.01 and a beta of 0.88. The business has a 50-day moving average price of $387.70 and a 200 day moving average price of $451.71.
CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. As a group, research analysts forecast that CACI International Inc will post 23.94 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the business. Toronto Dominion Bank raised its holdings in CACI International by 261.5% during the 4th quarter. Toronto Dominion Bank now owns 1,316 shares of the information technology services provider's stock valued at $531,000 after acquiring an additional 952 shares during the period. Studio Investment Management LLC raised its stake in shares of CACI International by 22.4% during the 4th quarter. Studio Investment Management LLC now owns 1,670 shares of the information technology services provider's stock valued at $675,000 after purchasing an additional 306 shares during the period. Lazard Asset Management LLC lifted its holdings in CACI International by 62.3% during the 4th quarter. Lazard Asset Management LLC now owns 14,214 shares of the information technology services provider's stock worth $5,741,000 after purchasing an additional 5,458 shares in the last quarter. Ethic Inc. boosted its stake in CACI International by 110.5% in the 4th quarter. Ethic Inc. now owns 1,745 shares of the information technology services provider's stock worth $705,000 after purchasing an additional 916 shares during the period. Finally, Captrust Financial Advisors grew its holdings in CACI International by 149.3% during the 4th quarter. Captrust Financial Advisors now owns 2,052 shares of the information technology services provider's stock valued at $829,000 after buying an additional 1,229 shares in the last quarter. 86.43% of the stock is owned by institutional investors.
CACI International Company Profile
(
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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.
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