Barclays Boosts CACI International (NYSE:CACI) Price Target to $625.00

CACI International (NYSE:CACI) had its price objective lifted by Barclays from $610.00 to $625.00 in a research note released on Tuesday morning,Benzinga reports. The brokerage currently has an overweight rating on the information technology services provider’s stock.

Several other research firms have also issued reports on CACI. Bank of America upped their target price on shares of CACI International from $535.00 to $555.00 and gave the stock a “buy” rating in a research note on Tuesday, September 17th. TD Cowen raised their price objective on shares of CACI International from $545.00 to $570.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Robert W. Baird boosted their target price on shares of CACI International from $533.00 to $640.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Wells Fargo & Company lifted their price target on shares of CACI International from $525.00 to $577.00 and gave the stock an “overweight” rating in a report on Tuesday, October 1st. Finally, Truist Financial reaffirmed a “buy” rating and set a $650.00 price target (up previously from $520.00) on shares of CACI International in a research report on Friday, October 25th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $547.20.

CACI International Trading Down 2.7 %

CACI stock traded down $13.41 during mid-day trading on Tuesday, reaching $477.91. The company’s stock had a trading volume of 93,347 shares, compared to its average volume of 117,100. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. CACI International has a 12 month low of $314.06 and a 12 month high of $588.26. The business’s 50 day moving average price is $518.72 and its 200 day moving average price is $467.68. The company has a market cap of $10.71 billion, a price-to-earnings ratio of 24.34, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping the consensus estimate of $5.08 by $0.85. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The firm had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same period in the prior year, the business posted $4.36 earnings per share. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. On average, equities research analysts predict that CACI International will post 23.42 EPS for the current year.

Insider Buying and Selling at CACI International

In other CACI International news, Director Gregory G. Johnson sold 300 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $471.00, for a total transaction of $141,300.00. Following the completion of the sale, the director now directly owns 5,910 shares of the company’s stock, valued at approximately $2,783,610. This represents a 4.83 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John S. Mengucci sold 10,000 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $463.18, for a total value of $4,631,800.00. Following the completion of the transaction, the chief executive officer now directly owns 91,368 shares in the company, valued at approximately $42,319,830.24. This represents a 9.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,270 shares of company stock worth $10,165,972. Insiders own 1.35% of the company’s stock.

Institutional Trading of CACI International

Several hedge funds have recently bought and sold shares of CACI. First Horizon Advisors Inc. boosted its holdings in shares of CACI International by 40.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 63 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 18 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of CACI International by 81.4% in the third quarter. UMB Bank n.a. now owns 78 shares of the information technology services provider’s stock valued at $39,000 after purchasing an additional 35 shares in the last quarter. Coastline Trust Co bought a new stake in CACI International in the third quarter worth $45,000. Versant Capital Management Inc raised its stake in CACI International by 900.0% during the second quarter. Versant Capital Management Inc now owns 100 shares of the information technology services provider’s stock valued at $43,000 after purchasing an additional 90 shares in the last quarter. Finally, Rosenberg Matthew Hamilton raised its stake in CACI International by 9.8% during 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 in the last quarter. Institutional investors own 86.43% of the company’s stock.

CACI International Company Profile

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.