CACI International (NYSE:CACI) Raised to Strong-Buy at Cantor Fitzgerald

CACI International (NYSE:CACI) was upgraded by Cantor Fitzgerald to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

A number of other brokerages have also issued reports on CACI. UBS Group started coverage on CACI International in a research report on Monday, December 2nd. They set a “buy” rating and a $557.00 target price on the stock. Raymond James reiterated an “outperform” rating and set a $490.00 target price (up from $475.00) on shares of CACI International in a research note on Thursday, January 23rd. Wells Fargo & Company raised their price target on shares of CACI International from $503.00 to $536.00 and gave the stock an “overweight” rating in a research report on Friday, January 24th. StockNews.com downgraded shares of CACI International from a “buy” rating to a “hold” rating in a research note on Saturday, January 25th. Finally, Truist Financial decreased their price objective on shares of CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $526.23.

CACI International Price Performance

CACI stock opened at $376.59 on Thursday. The stock has a 50-day simple moving average of $418.89 and a 200-day simple moving average of $467.39. The firm has a market cap of $8.44 billion, a P/E ratio of 17.66, a price-to-earnings-growth ratio of 1.12 and a beta of 0.87. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 1.52. CACI International has a 1 year low of $350.33 and a 1 year high of $588.26.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, topping analysts’ consensus estimates of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. On average, equities analysts predict that CACI International will post 24.41 earnings per share for the current fiscal year.

Institutional Trading of CACI International

Hedge funds have recently made changes to their positions in the stock. Sumitomo Mitsui Trust Group Inc. acquired a new stake in CACI International in the third quarter worth $1,955,000. Running Oak Capital LLC increased its holdings in shares of CACI International by 8.9% in the 4th quarter. Running Oak Capital LLC now owns 31,139 shares of the information technology services provider’s stock worth $12,582,000 after acquiring an additional 2,533 shares during the period. Geode Capital Management LLC lifted its position in CACI International by 5.0% in the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after purchasing an additional 22,823 shares during the last quarter. Segall Bryant & Hamill LLC boosted its stake in CACI International by 3.7% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock valued at $34,179,000 after purchasing an additional 2,396 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH boosted its stake in CACI International by 36.4% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock valued at $21,417,000 after purchasing an additional 14,141 shares during the period. Institutional investors own 86.43% of the company’s stock.

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.