CACI International (NYSE:CACI) Hits New 52-Week Low – Time to Sell?

Shares of CACI International Inc (NYSE:CACI) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $334.05 and last traded at $336.92, with a volume of 566533 shares. The stock had previously closed at $343.01.

Analyst Ratings Changes

CACI has been the subject of several recent research reports. Barclays upped their price objective on CACI International from $610.00 to $625.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. The Goldman Sachs Group downgraded CACI International from a “neutral” rating to a “sell” rating and reduced their price target for the stock from $540.00 to $373.00 in a research report on Thursday, December 12th. UBS Group started coverage on shares of CACI International in a report on Monday, December 2nd. They issued a “buy” rating and a $557.00 price objective on the stock. Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 price objective on the stock in a research report on Thursday, January 16th. Finally, Robert W. Baird reaffirmed an “outperform” rating and issued a $640.00 target price on shares of CACI International in a research report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $526.23.

CACI International Trading Down 0.8 %

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 company has a market capitalization of $7.66 billion, a price-to-earnings ratio of 16.03, a P/E/G ratio of 1.01 and a beta of 0.87. The business’s 50-day moving average price is $403.16 and its two-hundred day moving average price is $461.58.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a return on equity of 15.30% and a net margin of 5.90%. Research analysts predict that CACI International Inc will post 23.94 earnings per share for the current year.

Institutional Investors Weigh In On CACI International

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sterling Capital Management LLC grew its holdings in shares of CACI International by 256.0% during the fourth quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider’s stock worth $30,187,000 after purchasing an additional 53,724 shares during the last quarter. Van ECK Associates Corp grew its holdings in CACI International by 35.2% during the 4th quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock worth $63,477,000 after acquiring an additional 40,867 shares during the last quarter. Geode Capital Management LLC grew its holdings in CACI International by 5.0% during the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock worth $243,386,000 after acquiring an additional 22,823 shares during the last quarter. River Road Asset Management LLC acquired a new position in CACI International in the 4th quarter valued at approximately $8,585,000. Finally, Russell Investments Group Ltd. raised its stake in shares of CACI International by 51.9% during the fourth quarter. Russell Investments Group Ltd. now owns 46,919 shares of the information technology services provider’s stock valued at $18,936,000 after acquiring an additional 16,037 shares during the last quarter. Institutional investors 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.