CACI International Inc (NYSE:CACI - Get Free Report) shares gapped down before the market opened on Tuesday after Wells Fargo & Company lowered their price target on the stock from $480.00 to $438.00. The stock had previously closed at $386.11, but opened at $374.52. Wells Fargo & Company currently has an overweight rating on the stock. CACI International shares last traded at $401.86, with a volume of 767,765 shares trading hands.
Other research analysts have also issued research reports about the company. StockNews.com lowered CACI International from a "buy" rating to a "hold" rating in a report on Saturday, January 25th. William Blair cut shares of CACI International from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. TD Cowen decreased their price objective on shares of CACI International from $610.00 to $480.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. Raymond James reissued an "outperform" rating and set a $490.00 target price (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. Finally, Jefferies Financial Group lowered their price target on CACI International from $520.00 to $455.00 and set a "buy" rating on the stock in a research report on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $514.08.
View Our Latest Stock Analysis on CACI
Insider Transactions at CACI International
In other CACI International news, Director Debora A. Plunkett sold 309 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total value of $112,358.58. Following the sale, the director now owns 2,315 shares in the company, valued at $841,780.30. This represents a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.35% of the stock is currently owned by insiders.
Hedge Funds Weigh In On CACI International
Several institutional investors and hedge funds have recently made changes to their positions in CACI. GAMMA Investing LLC lifted its position in shares of CACI International by 91,931.1% during the 1st quarter. GAMMA Investing LLC now owns 112,278 shares of the information technology services provider's stock valued at $41,197,000 after acquiring an additional 112,156 shares during the period. 111 Capital bought a new stake in CACI International during the 4th quarter worth approximately $479,000. Toronto Dominion Bank increased its holdings in CACI International by 261.5% in the fourth quarter. Toronto Dominion Bank now owns 1,316 shares of the information technology services provider's stock valued at $531,000 after purchasing an additional 952 shares during the period. Studio Investment Management LLC boosted its holdings in CACI International by 22.4% in the fourth quarter. Studio Investment Management LLC now owns 1,670 shares of the information technology services provider's stock valued at $675,000 after acquiring an additional 306 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its stake in shares of CACI International by 62.3% in the 4th quarter. Lazard Asset Management LLC now owns 14,214 shares of the information technology services provider's stock valued at $5,741,000 after purchasing an additional 5,458 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company's stock.
CACI International Stock Performance
The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. The stock has a fifty day simple moving average of $367.40 and a two-hundred day simple moving average of $433.73. The stock has a market capitalization of $9.27 billion, a price-to-earnings ratio of 19.39, a P/E/G ratio of 1.01 and a beta of 0.78.
CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, topping 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%. Analysts forecast that CACI International Inc will post 23.94 earnings per share for the current fiscal year.
About CACI International
(
Get Free Report)
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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