Brokerages Set CACI International Inc (NYSE:CACI) Price Target at $534.70

Shares of CACI International Inc (NYSE:CACI - Get Free Report) have been given a consensus rating of "Moderate Buy" by the eleven research firms that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $545.70.

Several equities analysts have recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of CACI International from $525.00 to $577.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 1st. TD Cowen lifted their price target on shares of CACI International from $545.00 to $570.00 and gave the company a "buy" rating in a research report on Friday. Barclays lifted their price target on shares of CACI International from $500.00 to $610.00 and gave the company an "overweight" rating in a research report on Tuesday. JPMorgan Chase & Co. lifted their price target on shares of CACI International from $520.00 to $555.00 and gave the company an "overweight" rating in a research report on Wednesday, October 2nd. Finally, The Goldman Sachs Group lifted their price target on shares of CACI International from $471.00 to $520.00 and gave the company a "neutral" rating in a research report on Friday.

CACI International Trading Up 2.8 %

NYSE:CACI traded up $15.58 during mid-day trading on Tuesday, hitting $563.36. 159,285 shares of the stock traded hands, compared to its average volume of 112,858. The stock has a market capitalization of $12.62 billion, a price-to-earnings ratio of 27.92, a PEG ratio of 2.22 and a beta of 0.93. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.42. CACI International has a 52 week low of $312.78 and a 52 week high of $570.28. The firm's 50 day moving average is $500.36 and its two-hundred day moving average is $453.99.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.08 by $0.85. The business had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.92 billion. CACI International had a net margin of 5.48% and a return on equity of 14.31%. CACI International's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.36 EPS. On average, equities research analysts predict that CACI International will post 23 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO John S. Mengucci sold 10,000 shares of the business's stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the completion of the sale, the chief executive officer now owns 91,368 shares in the company, valued at approximately $42,319,830.24. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, EVP J William Koegel, Jr. sold 970 shares of CACI International stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $483.27, for a total value of $468,771.90. Following the transaction, the executive vice president now directly owns 22,651 shares of the company's stock, valued at $10,946,548.77. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO John S. Mengucci sold 10,000 shares of CACI International stock in a transaction on Monday, August 19th. The shares were sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the completion of the transaction, the chief executive officer now directly owns 91,368 shares in the company, valued at $42,319,830.24. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,270 shares of company stock worth $10,165,972 over the last 90 days. 1.35% of the stock is owned by insiders.

Hedge Funds Weigh In On CACI International

Institutional investors have recently modified their holdings of the business. Kennedy Capital Management LLC increased its holdings in shares of CACI International by 39.9% in the 1st quarter. Kennedy Capital Management LLC now owns 8,276 shares of the information technology services provider's stock valued at $3,135,000 after acquiring an additional 2,359 shares during the period. SG Americas Securities LLC increased its stake in CACI International by 418.0% in the 1st quarter. SG Americas Securities LLC now owns 4,522 shares of the information technology services provider's stock valued at $1,713,000 after buying an additional 3,649 shares during the period. BNP Paribas acquired a new position in CACI International in the 1st quarter valued at $1,191,000. Comerica Bank increased its stake in CACI International by 13.4% in the 1st quarter. Comerica Bank now owns 11,609 shares of the information technology services provider's stock valued at $4,398,000 after buying an additional 1,372 shares during the period. Finally, Lord Abbett & CO. LLC acquired a new position in CACI International in the 1st quarter valued at $18,271,000. 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.