CACI International Inc (NYSE:CACI) Receives Consensus Rating of "Moderate Buy" from Brokerages

Shares of CACI International Inc (NYSE:CACI - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the eleven research firms that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $463.00.

Several brokerages recently weighed in on CACI. Truist Financial upped their target price on shares of CACI International from $500.00 to $520.00 and gave the stock a "buy" rating in a report on Thursday. Raymond James lowered CACI International from an "outperform" rating to a "market perform" rating in a research note on Monday, August 5th. JPMorgan Chase & Co. lifted their target price on CACI International from $383.00 to $458.00 and gave the company an "overweight" rating in a research note on Wednesday, July 10th. TD Cowen boosted their price target on CACI International from $435.00 to $480.00 and gave the stock a "buy" rating in a report on Friday, July 12th. Finally, Bank of America increased their price objective on shares of CACI International from $450.00 to $535.00 and gave the company a "buy" rating in a report on Tuesday, August 27th.

CACI International Stock Performance

Shares of CACI stock traded up $3.06 during trading hours on Monday, reaching $469.79. 78,405 shares of the company traded hands, compared to its average volume of 112,273. The firm has a 50-day moving average price of $455.44 and a 200 day moving average price of $418.60. The company has a market cap of $10.47 billion, a P/E ratio of 27.16, a P/E/G ratio of 2.00 and a beta of 0.93. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.27 and a quick ratio of 1.27. CACI International has a 12-month low of $302.21 and a 12-month high of $489.18.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The information technology services provider reported $6.61 earnings per share for the quarter, beating the consensus estimate of $5.93 by $0.68. The business had revenue of $2.04 billion for the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm earned $5.30 earnings per share. As a group, sell-side analysts predict that CACI International will post 23.05 earnings per share for the current fiscal year.

Insider Transactions at CACI International

In related news, Director Gregory G. Johnson sold 200 shares of the company's stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $428.19, for a total transaction of $85,638.00. Following the sale, the director now owns 6,078 shares of the company's stock, valued at $2,602,538.82. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, Director Gregory G. Johnson sold 300 shares of CACI International stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $471.00, for a total value of $141,300.00. Following the completion of the transaction, the director now owns 5,910 shares in the company, valued at approximately $2,783,610. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Gregory G. Johnson sold 200 shares of the stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $428.19, for a total value of $85,638.00. Following the sale, the director now owns 6,078 shares in the company, valued at approximately $2,602,538.82. The disclosure for this sale can be found here. Insiders have sold 11,470 shares of company stock valued at $5,327,510 in the last ninety days. Corporate insiders own 1.23% of the company's stock.

Institutional Trading of CACI International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lord Abbett & CO. LLC purchased a new stake in CACI International in the first quarter worth $18,271,000. Van ECK Associates Corp increased its stake in CACI International by 293.2% in the 1st quarter. Van ECK Associates Corp now owns 47,995 shares of the information technology services provider's stock worth $18,182,000 after buying an additional 35,788 shares during the period. BNP Paribas Financial Markets lifted its holdings 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 valued at $13,243,000 after buying an additional 20,835 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. lifted its holdings in CACI International by 21.4% during the 1st quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 82,741 shares of the information technology services provider's stock valued at $31,345,000 after buying an additional 14,602 shares in the last quarter. Finally, M&R Capital Management Inc. boosted its position in CACI International by 487.2% in the 2nd quarter. M&R Capital Management Inc. now owns 16,930 shares of the information technology services provider's stock valued at $7,282,000 after buying an additional 14,047 shares during the period. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Company Profile

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.