CACI International Inc (NYSE:CACI) Receives $517.31 Consensus PT from Brokerages

Shares of CACI International Inc (NYSE:CACI) have received a consensus recommendation of “Moderate Buy” from the fourteen brokerages that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, eleven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $517.31.

Several brokerages have weighed in on CACI. Cantor Fitzgerald raised shares of CACI International to a “strong-buy” rating in a report on Tuesday, February 25th. TD Cowen dropped their target price on shares of 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 restated an “outperform” rating and issued a $640.00 price objective on shares of CACI International in a research report on Tuesday, December 17th. StockNews.com downgraded CACI International from a “buy” rating to a “hold” rating in a research note on Saturday, January 25th. Finally, The Goldman Sachs Group cut CACI International from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $540.00 to $373.00 in a report on Thursday, December 12th.

Insider Activity at CACI International

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 approximately $841,780.30. This trade represents a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.35% of the stock is owned by insiders.

Institutional Investors Weigh In On CACI International

Several institutional investors have recently modified their holdings of the stock. 111 Capital purchased a new stake in shares of CACI International in the fourth quarter valued at $479,000. Toronto Dominion Bank grew its holdings in CACI International by 261.5% during the 4th quarter. Toronto Dominion Bank now owns 1,316 shares of the information technology services provider’s stock valued at $531,000 after purchasing an additional 952 shares during the last quarter. Studio Investment Management LLC raised its position in CACI International by 22.4% in the 4th quarter. Studio Investment Management LLC now owns 1,670 shares of the information technology services provider’s stock worth $675,000 after purchasing an additional 306 shares during the period. Lazard Asset Management LLC raised its position in CACI International by 62.3% in the 4th quarter. Lazard Asset Management LLC now owns 14,214 shares of the information technology services provider’s stock worth $5,741,000 after purchasing an additional 5,458 shares during the period. Finally, Ethic Inc. lifted its stake in CACI International by 110.5% in the fourth quarter. Ethic Inc. now owns 1,745 shares of the information technology services provider’s stock worth $705,000 after purchasing an additional 916 shares during the last quarter. 86.43% of the stock is owned by institutional investors.

CACI International Price Performance

Shares of CACI International stock opened at $369.78 on Friday. The stock has a market cap of $8.29 billion, a P/E ratio of 17.34, a P/E/G ratio of 1.01 and a beta of 0.88. 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 stock’s fifty day moving average is $369.11 and its 200 day moving average is $439.59. CACI International has a one year low of $318.60 and a one year high of $588.26.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 EPS for the quarter, topping 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%. Sell-side analysts anticipate that CACI International will post 23.94 earnings per share for the current year.

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.