CACI International (NYSE:CACI) Stock Rating Lowered by StockNews.com

CACI International (NYSE:CACI - Get Free Report) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating in a report issued on Friday.

Other equities research analysts also recently issued reports about the stock. UBS Group started coverage on shares of CACI International in a research report on Monday, December 2nd. They issued a "buy" rating and a $557.00 price target for the company. Robert W. Baird reissued an "outperform" rating and set a $640.00 target price on shares of CACI International in a report on Tuesday, December 17th. JPMorgan Chase & Co. raised their price target on CACI International from $520.00 to $555.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 2nd. Wells Fargo & Company cut their price objective on shares of CACI International from $637.00 to $564.00 and set an "overweight" rating for the company in a research report on Tuesday, November 26th. Finally, Bank of America increased their price objective on shares of CACI International from $535.00 to $555.00 and gave the stock a "buy" rating in a research note on Tuesday, September 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $524.45.

CACI International Stock Performance

Shares of CACI traded down $1.86 during trading hours on Friday, hitting $406.17. The company had a trading volume of 141,430 shares, compared to its average volume of 135,957. The firm has a market cap of $9.10 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 1.33 and a beta of 0.85. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. The business has a fifty day moving average of $480.05 and a 200-day moving average of $471.06. CACI International has a 12 month low of $314.06 and a 12 month high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.08 by $0.85. The company had revenue of $2.06 billion during the quarter, compared to analysts' expectations of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The business's revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.36 earnings per share. Equities analysts anticipate that CACI International will post 23.45 EPS for the current fiscal year.

Institutional Investors Weigh In On CACI International

A number of institutional investors have recently added to or reduced their stakes in CACI. First Horizon Advisors Inc. increased its stake in shares of CACI International by 40.0% in the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider's stock valued at $32,000 after buying an additional 18 shares during the period. Rosenberg Matthew Hamilton boosted its holdings 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 acquiring an additional 19 shares during the last quarter. UMB Bank n.a. increased its position in CACI International by 81.4% during the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider's stock valued at $39,000 after purchasing an additional 35 shares during the period. Captrust Financial Advisors raised its holdings in CACI International by 10.2% during 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. Finally, TD Private Client Wealth LLC lifted its position in shares of CACI International by 49.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider's stock worth $127,000 after purchasing an additional 83 shares during the period. 86.43% of the stock is owned by institutional investors.

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.

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