CACI International (NYSE:CACI) Shares Up 6.3% - Should You Buy?

CACI International Inc (NYSE:CACI - Get Free Report)'s share price rose 6.3% on Wednesday . The company traded as high as $395.07 and last traded at $393.30. Approximately 440,692 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 516,405 shares. The stock had previously closed at $369.90.

Wall Street Analyst Weigh In

CACI has been the subject of a number of research analyst reports. Cantor Fitzgerald raised shares of CACI International to a "strong-buy" rating in a research report on Tuesday, February 25th. Jefferies Financial Group cut their price target on CACI International from $520.00 to $455.00 and set a "buy" rating for the company in a report on Tuesday, March 25th. William Blair lowered CACI International from an "outperform" rating to a "market perform" rating in a report on Friday, February 21st. Raymond James restated an "outperform" rating and set a $490.00 price objective (up from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. Finally, TD Cowen reduced their target price on CACI International from $610.00 to $480.00 and set a "buy" rating for the company in a research report on Wednesday, January 8th. 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 given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $517.31.

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CACI International Stock Performance

The stock has a 50 day moving average price of $366.67 and a two-hundred day moving average price of $437.55. 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 company has a market capitalization of $8.69 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 1.01 and a beta of 0.78.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share 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%. On average, analysts predict that CACI International Inc will post 23.94 EPS for the current fiscal year.

Insider Buying and Selling at CACI International

In related news, Director Debora A. Plunkett sold 309 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $363.62, for a total transaction of $112,358.58. Following the completion of the sale, the director now directly owns 2,315 shares of the company's stock, valued at $841,780.30. The trade was a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.35% of the company's stock.

Institutional Trading of CACI International

Institutional investors have recently bought and sold shares of the business. Captrust Financial Advisors boosted its position in shares of CACI International by 10.2% in the 3rd quarter. Captrust Financial Advisors now owns 823 shares of the information technology services provider's stock worth $415,000 after purchasing an additional 76 shares during the last quarter. Geode Capital Management LLC lifted its stake in CACI International by 5.0% in the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider's stock valued at $243,386,000 after buying an additional 22,823 shares during the period. Toronto Dominion Bank bought a new position in CACI International during the third quarter worth about $184,000. TD Private Client Wealth LLC grew its position in shares of CACI International by 49.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider's stock worth $127,000 after buying an additional 83 shares during the period. Finally, GAMMA Investing LLC increased its stake in shares of CACI International by 69.4% in the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock valued at $49,000 after acquiring an additional 50 shares during the last quarter. Institutional investors and hedge funds own 86.43% of the company's stock.

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.