Wells Fargo & Company Cuts CACI International (NYSE:CACI) Price Target to $438.00

CACI International (NYSE:CACI - Get Free Report) had its price objective cut by investment analysts at Wells Fargo & Company from $480.00 to $438.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an "overweight" rating on the information technology services provider's stock. Wells Fargo & Company's price objective would indicate a potential upside of 5.92% from the stock's current price.

CACI has been the subject of a number of other research reports. TD Cowen lowered their price target on CACI International from $610.00 to $480.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. Robert W. Baird reiterated an "outperform" rating and issued a $640.00 target price on shares of CACI International in a report on Tuesday, December 17th. Jefferies Financial Group lowered their target price on shares of CACI International from $520.00 to $455.00 and set a "buy" rating for the company in a research note on Tuesday, March 25th. William Blair downgraded CACI International from an "outperform" rating to a "market perform" rating in a research note on Friday, February 21st. Finally, The Goldman Sachs Group cut shares of CACI International from a "neutral" rating to a "sell" rating and lowered their target price for the stock from $540.00 to $373.00 in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $514.08.

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CACI International Price Performance

Shares of CACI International stock traded up $10.08 during trading hours on Tuesday, hitting $413.50. The company's stock had a trading volume of 439,553 shares, compared to its average volume of 257,326. The company has a market cap of $9.27 billion, a PE ratio of 19.39, a PEG ratio of 1.01 and a beta of 0.78. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. The business has a 50 day moving average price of $367.40 and a two-hundred day moving average price of $433.73. CACI International has a 12-month low of $318.60 and a 12-month high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. Analysts expect that CACI International will post 23.94 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Debora A. Plunkett sold 309 shares of CACI International stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total value of $112,358.58. Following the completion of the transaction, the director now owns 2,315 shares in the company, valued at $841,780.30. The trade was a 11.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.35% of the stock is owned by corporate insiders.

Institutional Trading of CACI International

Several institutional investors have recently bought and sold shares of CACI. Captrust Financial Advisors raised its position in shares of CACI International by 10.2% during the 3rd quarter. Captrust Financial Advisors now owns 823 shares of the information technology services provider's stock worth $415,000 after purchasing an additional 76 shares during the last quarter. Geode Capital Management LLC boosted its stake in CACI International by 5.0% during 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 buying an additional 22,823 shares during the last quarter. Toronto Dominion Bank purchased a new stake in shares of CACI International in the third quarter valued at about $184,000. TD Private Client Wealth LLC increased its position 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 worth $127,000 after purchasing an additional 83 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in CACI International by 69.4% during the fourth quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock worth $49,000 after purchasing an additional 50 shares during the period. 86.43% of the stock is owned by institutional investors and hedge funds.

About CACI International

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.