CACI International (NYSE:CACI) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

CACI International (NYSE:CACI) had its price objective hoisted by analysts at Wells Fargo & Company from $503.00 to $536.00 in a research report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the information technology services provider’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 30.72% from the company’s current price.

Other analysts also recently issued research reports about the company. Robert W. Baird reissued an “outperform” rating and set a $640.00 target price on shares of CACI International in a research note on Tuesday, December 17th. JPMorgan Chase & Co. lifted their target price on CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. StockNews.com raised shares of CACI International from a “hold” rating to a “buy” rating in a research report on Friday, January 17th. TD Cowen lowered their target price on shares of CACI International from $610.00 to $480.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Finally, Jefferies Financial Group raised CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price for the company in a research report on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $525.50.

CACI International Stock Down 2.8 %

NYSE:CACI traded down $11.61 during mid-day trading on Friday, hitting $410.03. 87,447 shares of the company’s stock were exchanged, compared to its average volume of 355,380. CACI International has a one year low of $326.60 and a one year high of $588.26. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. The business has a fifty day moving average price of $434.84 and a 200 day moving average price of $471.18. The company has a market cap of $9.19 billion, a PE ratio of 19.33, a P/E/G ratio of 1.41 and a beta of 0.87.

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 net margin of 5.90% and a return on equity of 15.53%. Equities analysts predict that CACI International will post 23.92 EPS for the current year.

Institutional Trading of CACI International

A number of large investors have recently made changes to their positions in the company. Geode Capital Management LLC boosted its stake 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 purchasing an additional 22,823 shares during the period. Van ECK Associates Corp grew its stake in shares of CACI International by 42.5% during the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock worth $60,917,000 after purchasing an additional 34,647 shares during the period. Segall Bryant & Hamill LLC increased its holdings in CACI International by 3.7% in the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock valued at $34,179,000 after buying an additional 2,396 shares in the last quarter. BNP Paribas Financial Markets boosted its position in CACI International by 37.1% during the third quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock worth $29,745,000 after purchasing an additional 15,961 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH raised its position in CACI International by 36.4% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock worth $21,417,000 after acquiring an additional 14,141 shares during the last quarter. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

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.