TD Cowen Has Lowered Expectations for CACI International (NYSE:CACI) Stock Price

CACI International (NYSE:CACI - Get Free Report) had its target price reduced by investment analysts at TD Cowen from $610.00 to $480.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a "buy" rating on the information technology services provider's stock. TD Cowen's price objective suggests a potential upside of 15.45% from the stock's previous close.

A number of other equities analysts have also weighed in on the company. Raymond James raised CACI International from a "market perform" rating to an "outperform" rating and set a $475.00 target price on the stock in a research report on Thursday, January 2nd. JPMorgan Chase & Co. upped their price objective on shares of CACI International from $520.00 to $555.00 and gave the stock an "overweight" rating in a report on Wednesday, October 2nd. Bank of America lifted their price objective 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. UBS Group began coverage on shares of CACI International in a report on Monday, December 2nd. They issued a "buy" rating and a $557.00 target price on the stock. Finally, The Goldman Sachs Group downgraded CACI International from a "neutral" rating to a "sell" rating and cut their price target for the company from $540.00 to $373.00 in a research note on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $522.09.

CACI International Trading Up 0.4 %

CACI traded up $1.81 during trading on Wednesday, reaching $415.76. 155,773 shares of the stock traded hands, compared to its average volume of 192,355. 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 stock's 50-day moving average is $461.66 and its 200 day moving average is $470.74. CACI International has a 12 month low of $321.85 and a 12 month high of $588.26. The stock has a market capitalization of $9.32 billion, a PE ratio of 20.60, a P/E/G ratio of 1.33 and a beta of 0.87.

CACI International (NYSE:CACI - Get Free Report) last released its earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $1.92 billion. During the same quarter last year, the firm posted $4.36 earnings per share. The firm's revenue was up 11.2% on a year-over-year basis. Equities analysts anticipate that CACI International will post 23.45 earnings per share for the current year.

Hedge Funds Weigh In On CACI International

Hedge funds and other institutional investors have recently made changes to their positions in the stock. First Hawaiian Bank raised its position in CACI International by 43.0% in the fourth quarter. First Hawaiian Bank now owns 3,668 shares of the information technology services provider's stock worth $1,482,000 after acquiring an additional 1,103 shares during the period. Central Pacific Bank Trust Division raised its holdings in shares of CACI International by 44.1% in the 4th quarter. Central Pacific Bank Trust Division now owns 490 shares of the information technology services provider's stock worth $198,000 after purchasing an additional 150 shares during the period. GAMMA Investing LLC lifted its stake in CACI International by 69.4% in the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock valued at $49,000 after purchasing an additional 50 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in CACI International by 49.1% during the third quarter. TD Private Client Wealth LLC now owns 252 shares of the information technology services provider's stock valued at $127,000 after purchasing an additional 83 shares during the period. Finally, Toronto Dominion Bank purchased a new stake in CACI International in the third quarter worth $184,000. 86.43% of the stock is 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.