CACI International (NYSE:CACI) Reaches New 1-Year High - Should You Buy?

CACI International Inc (NYSE:CACI - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $536.54 and last traded at $533.45, with a volume of 13000 shares changing hands. The stock had previously closed at $531.29.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. TD Cowen lifted their price target on shares of CACI International from $435.00 to $480.00 and gave the company a "buy" rating in a research report on Friday, July 12th. Bank of America lifted their target price on shares of CACI International from $535.00 to $555.00 and gave the company a "buy" rating in a report on Tuesday, September 17th. Barclays raised their price target on CACI International from $450.00 to $500.00 and gave the stock an "overweight" rating in a research report on Monday, August 12th. JPMorgan Chase & Co. lifted their price objective on CACI International from $520.00 to $555.00 and gave the company an "overweight" rating in a research note on Wednesday, October 2nd. Finally, Raymond James lowered CACI International from an "outperform" rating to a "market perform" rating in a research note on Monday, August 5th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $485.60.

CACI International Trading Up 0.2 %

The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.42. The stock has a market cap of $11.87 billion, a price-to-earnings ratio of 30.80, a PEG ratio of 2.22 and a beta of 0.93. The company's fifty day moving average is $489.54 and its two-hundred day moving average is $445.59.

CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The information technology services provider reported $6.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.93 by $0.68. The business had revenue of $2.04 billion during the quarter, compared to analysts' expectations of $1.93 billion. CACI International had a net margin of 5.48% and a return on equity of 14.31%. The company's revenue for the quarter was up 19.7% on a year-over-year basis. During the same period in the previous year, the company earned $5.30 EPS. On average, research analysts predict that CACI International Inc will post 23 EPS for the current fiscal year.

Insider Activity

In related news, insider Gregory R. Bradford sold 10,000 shares of the company's stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $492.41, for a total value of $4,924,100.00. Following the completion of the transaction, the insider now directly owns 35,538 shares of the company's stock, valued at $17,499,266.58. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, EVP J William Koegel, Jr. sold 970 shares of the business's stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $483.27, for a total value of $468,771.90. Following the completion of the sale, the executive vice president now directly owns 22,651 shares of the company's stock, valued at approximately $10,946,548.77. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Gregory R. Bradford sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $492.41, for a total value of $4,924,100.00. Following the transaction, the insider now owns 35,538 shares in the company, valued at $17,499,266.58. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,270 shares of company stock worth $10,165,972. 1.23% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CACI International

Large investors have recently modified their holdings of the company. Van ECK Associates Corp increased its stake in CACI International by 293.2% in the first quarter. Van ECK Associates Corp now owns 47,995 shares of the information technology services provider's stock valued at $18,182,000 after purchasing an additional 35,788 shares during the period. BNP Paribas Financial Markets lifted its position in CACI International by 147.5% during the 1st quarter. BNP Paribas Financial Markets now owns 34,958 shares of the information technology services provider's stock worth $13,243,000 after acquiring an additional 20,835 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of CACI International by 36.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 6,073 shares of the information technology services provider's stock valued at $2,301,000 after purchasing an additional 1,628 shares during the last quarter. BNP Paribas acquired a new position in shares of CACI International in the first quarter valued at approximately $1,191,000. Finally, Central Pacific Bank Trust Division acquired a new position in shares of CACI International in the first quarter valued at approximately $1,069,000. 86.43% of the stock is owned by institutional investors and hedge funds.

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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