CACI International (NYSE:CACI) Upgraded by Jefferies Financial Group to "Buy" Rating

Jefferies Financial Group upgraded shares of CACI International (NYSE:CACI - Free Report) from a hold rating to a buy rating in a research report released on Thursday, Marketbeat.com reports. The brokerage currently has $515.00 price target on the information technology services provider's stock.

A number of other research firms also recently issued reports on CACI. Robert W. Baird reissued an "outperform" rating and set a $640.00 price target on shares of CACI International in a research report on Tuesday, December 17th. TD Cowen dropped their price objective on CACI International from $610.00 to $480.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Barclays raised their price objective on CACI International from $610.00 to $625.00 and gave the company an "overweight" rating in a research report on Tuesday, November 12th. The Goldman Sachs Group downgraded CACI International from a "neutral" rating to a "sell" rating and dropped their price objective for the company from $540.00 to $373.00 in a research report on Thursday, December 12th. Finally, JPMorgan Chase & Co. raised their price objective on CACI International from $520.00 to $555.00 and gave the company an "overweight" rating in a research report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $521.50.

CACI International Trading Up 1.7 %

CACI International stock traded up $7.81 during mid-day trading on Thursday, hitting $454.59. The company's stock had a trading volume of 243,256 shares, compared to its average volume of 261,376. CACI International has a one year low of $326.60 and a one year high of $588.26. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 1.75. The company has a 50 day moving average of $446.62 and a 200-day moving average of $470.43. The stock has a market cap of $10.19 billion, a PE ratio of 22.53, a P/E/G ratio of 1.31 and a beta of 0.87.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings results 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. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The business had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the prior year, the company earned $4.36 EPS. The business's revenue was up 11.2% compared to the same quarter last year. On average, research analysts anticipate that CACI International will post 23.88 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Geode Capital Management LLC raised its stake in shares of 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 worth $243,386,000 after purchasing an additional 22,823 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of CACI International by 1.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider's stock worth $146,623,000 after purchasing an additional 5,610 shares during the last quarter. Van ECK Associates Corp raised its stake in shares of CACI International by 42.5% in the third quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider's stock worth $60,917,000 after purchasing an additional 34,647 shares during the last quarter. Segall Bryant & Hamill LLC raised its stake in shares of CACI International by 3.7% in the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider's stock worth $34,179,000 after purchasing an additional 2,396 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of CACI International by 37.1% in the third quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider's stock worth $29,745,000 after purchasing an additional 15,961 shares during the last quarter. 86.43% of the stock is currently owned by hedge funds and other 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.