CACI International (NYSE:CACI) Given New $536.00 Price Target at Wells Fargo & Company

CACI International (NYSE:CACI) had its price target increased by investment analysts at Wells Fargo & Company from $503.00 to $536.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the information technology services provider’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 30.72% from the stock’s previous close.

Several other equities analysts have also recently issued reports on the company. Barclays boosted their price target on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th. Robert W. Baird reissued an “outperform” rating and issued a $640.00 target price on shares of CACI International in a report on Tuesday, December 17th. Truist Financial reduced their target price on CACI International from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Friday, November 22nd. Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price objective for the company in a research report on Thursday, January 16th. Finally, UBS Group initiated 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. One research analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $525.50.

CACI International Stock Down 2.8 %

Shares of NYSE CACI traded down $11.61 during midday trading on Friday, hitting $410.03. The company’s stock had a trading volume of 87,447 shares, compared to its average volume of 355,380. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. CACI International has a 1 year low of $326.60 and a 1 year high of $588.26. The firm has a market capitalization of $9.19 billion, a price-to-earnings ratio of 19.33, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87. The business’s fifty day simple moving average is $434.84 and its two-hundred day simple moving average is $471.18.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, beating analysts’ consensus estimates of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.53%. On average, equities analysts predict that CACI International will post 23.92 EPS for the current year.

Institutional Investors Weigh In On CACI International

Large investors have recently modified their holdings of the stock. First Horizon Advisors Inc. lifted its stake in shares of CACI International by 40.0% during the third quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after acquiring an additional 18 shares during the period. Rosenberg Matthew Hamilton increased its stake in CACI International by 9.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock valued at $107,000 after buying an additional 19 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of CACI International by 37.2% in the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider’s stock valued at $43,000 after buying an additional 29 shares during the last quarter. GAMMA Investing LLC increased its position 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 buying an additional 50 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings 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 buying an additional 76 shares during the period. 86.43% of the stock is currently owned by institutional investors.

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.