CACI International (NYSE:CACI) Sets New 1-Year High at $470.07

CACI International Inc (NYSE:CACI)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $470.07 and last traded at $469.83, with a volume of 23606 shares trading hands. The stock had previously closed at $466.43.

Analyst Ratings Changes

A number of equities research analysts have issued reports on CACI shares. JPMorgan Chase & Co. increased their target price on shares of CACI International from $383.00 to $458.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 10th. Truist Financial upped their target price on shares of CACI International from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, June 27th. Wells Fargo & Company boosted their price target on shares of CACI International from $410.00 to $468.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 30th. StockNews.com raised shares of CACI International from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Finally, TD Cowen upped their price target on shares of CACI International from $435.00 to $480.00 and gave the company a “buy” rating in a report on Friday, July 12th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, CACI International has an average rating of “Moderate Buy” and an average target price of $452.78.

CACI International Trading Up 0.8 %

The company has a 50-day moving average price of $443.61 and a two-hundred day moving average price of $407.81. The stock has a market cap of $10.48 billion, a P/E ratio of 26.95, a P/E/G ratio of 1.95 and a beta of 0.92. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.48.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, August 7th. The information technology services provider reported $6.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.93 by $0.68. The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.93 billion. CACI International had a return on equity of 13.80% and a net margin of 5.37%. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period last year, the business posted $5.30 earnings per share. On average, research analysts expect that CACI International Inc will post 20.34 EPS for the current fiscal year.

Insider Buying and Selling at CACI International

In related news, Director Gregory G. Johnson sold 200 shares of the business’s stock in a transaction on Wednesday, June 12th. The stock was 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 directly owns 6,078 shares of the company’s stock, valued at approximately $2,602,538.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Gregory G. Johnson sold 200 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The stock was 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 approximately $2,602,538.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William L. Jews sold 2,000 shares of the 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 sale, the director now owns 6,825 shares in the company, valued at approximately $2,924,990.25. The disclosure for this sale can be found here. Company insiders own 1.23% of the company’s stock.

Hedge Funds Weigh In On CACI International

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Lord Abbett & CO. LLC bought a new position in shares of CACI International in the first quarter valued at $18,271,000. Van ECK Associates Corp raised its stake in shares of CACI International by 293.2% in the first quarter. Van ECK Associates Corp now owns 47,995 shares of the information technology services provider’s stock valued at $18,182,000 after purchasing an additional 35,788 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in CACI International by 147.5% in the 1st quarter. BNP Paribas Financial Markets now owns 34,958 shares of the information technology services provider’s stock valued at $13,243,000 after buying an additional 20,835 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. boosted its holdings in shares of CACI International by 21.4% in the 1st quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 82,741 shares of the information technology services provider’s stock worth $31,345,000 after acquiring an additional 14,602 shares in the last quarter. Finally, M&R Capital Management Inc. grew its holdings in CACI International by 487.2% during the 2nd quarter. M&R Capital Management Inc. now owns 16,930 shares of the information technology services provider’s stock worth $7,282,000 after acquiring an additional 14,047 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

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.