CACI International (NYSE:CACI) Sets New 1-Year High at $432.54

CACI International Inc (NYSE:CACI) shares reached a new 52-week high during trading on Monday . The company traded as high as $432.54 and last traded at $431.90, with a volume of 52825 shares changing hands. The stock had previously closed at $423.87.

Wall Street Analysts Forecast Growth

CACI has been the topic of a number of recent analyst reports. Truist Financial upped their price objective on CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a report on Tuesday, April 9th. Robert W. Baird upped their price objective on CACI International from $370.00 to $464.00 and gave the company an “outperform” rating in a report on Monday, April 8th. The Goldman Sachs Group boosted their target price on CACI International from $379.00 to $425.00 and gave the company a “neutral” rating in a research report on Tuesday, April 16th. Stifel Nicolaus upped their price objective on CACI International from $390.00 to $430.00 and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. Finally, Barclays upped their price objective on CACI International from $400.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 30th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $415.45.

CACI International Stock Up 1.6 %

The firm has a market cap of $9.60 billion, a price-to-earnings ratio of 24.87, a P/E/G ratio of 2.01 and a beta of 0.90. The firm’s 50 day moving average price is $407.99 and its two-hundred day moving average price is $369.30. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.28 and a quick ratio of 1.28.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share for the quarter, topping the consensus estimate of $5.55 by $0.19. The business had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.86 billion. CACI International had a net margin of 5.37% and a return on equity of 13.80%. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.92 earnings per share. As a group, sell-side analysts forecast that CACI International Inc will post 20.35 earnings per share for the current fiscal year.

Insider Activity at CACI International

In other CACI International news, Director Gregory G. Johnson sold 200 shares of the stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $428.19, for a total value of $85,638.00. Following the completion of the transaction, the director now directly owns 6,078 shares of the company’s stock, valued at $2,602,538.82. The sale was disclosed in a filing with the SEC, which is available at this link. In other CACI International news, Director William L. Jews sold 2,000 shares of CACI International stock in a transaction on Tuesday, May 28th. The shares were sold at an average price of $428.57, for a total value of $857,140.00. Following the transaction, the director now owns 6,825 shares in the company, valued at approximately $2,924,990.25. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Gregory G. Johnson sold 200 shares of CACI International stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $428.19, for a total transaction of $85,638.00. Following the completion of the transaction, the director now owns 6,078 shares in the company, valued at approximately $2,602,538.82. The disclosure for this sale can be found here. Insiders sold a total of 4,100 shares of company stock worth $1,755,028 over the last 90 days. Company insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On CACI International

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Deroy & Devereaux Private Investment Counsel Inc. increased its stake in CACI International by 65.2% during the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 68,139 shares of the information technology services provider’s stock worth $22,067,000 after buying an additional 26,887 shares during the period. Fort Washington Investment Advisors Inc. OH bought a new stake in shares of CACI International in the 4th quarter worth about $18,360,000. BNP Paribas Financial Markets increased its position in shares of CACI International by 43.5% in the 4th quarter. BNP Paribas Financial Markets now owns 14,123 shares of the information technology services provider’s stock worth $4,574,000 after purchasing an additional 4,283 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its position in shares of CACI International by 32.7% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 12,583 shares of the information technology services provider’s stock worth $3,951,000 after purchasing an additional 3,104 shares during the last quarter. Finally, Anchor Investment Management LLC bought a new stake in shares of CACI International in the 4th quarter worth about $152,000. Institutional investors and hedge funds own 86.43% of the company’s stock.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.