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

CACI International (NYSE:CACI) was upgraded by stock analysts at Cantor Fitzgerald to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

Several other analysts have also commented on CACI. The Goldman Sachs Group lowered shares of CACI International from a “neutral” rating to a “sell” rating and dropped their price target for the company from $540.00 to $373.00 in a research report on Thursday, December 12th. Robert W. Baird reiterated an “outperform” rating and set a $640.00 price target on shares of CACI International in a research report on Tuesday, December 17th. Jefferies Financial Group upgraded 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. Raymond James reiterated an “outperform” rating and set a $490.00 target price (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. Finally, Barclays upped their price objective on shares of CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $526.23.

CACI International Price Performance

NYSE CACI opened at $376.59 on Thursday. CACI International has a 1 year low of $350.33 and a 1 year high of $588.26. The company has a market cap of $8.44 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.12 and a beta of 0.87. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52. The stock’s fifty day moving average price is $418.89 and its 200 day moving average price is $467.39.

CACI International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. As a group, equities research analysts forecast that CACI International will post 24.41 earnings per share for the current year.

Hedge Funds Weigh In On CACI International

Several large investors have recently modified their holdings of CACI. UMB Bank n.a. raised its holdings in CACI International by 81.4% in the 3rd quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after buying an additional 35 shares during the period. Wedge Capital Management L L P NC raised its stake in shares of CACI International by 4.0% in the 3rd quarter. Wedge Capital Management L L P NC now owns 7,141 shares of the information technology services provider’s stock valued at $3,603,000 after acquiring an additional 275 shares during the period. Argent Capital Management LLC purchased a new position in shares of CACI International during the 3rd quarter worth approximately $208,000. Nisa Investment Advisors LLC increased its holdings in CACI International by 13.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,328 shares of the information technology services provider’s stock valued at $1,175,000 after purchasing an additional 275 shares during the last quarter. Finally, Rosenberg Matthew Hamilton raised its position in CACI International by 9.8% in the third quarter. Rosenberg Matthew Hamilton now owns 212 shares of the information technology services provider’s stock valued at $107,000 after purchasing an additional 19 shares during the period. Institutional investors and hedge funds own 86.43% of the company’s stock.

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.