CACI International (CACI) Downgraded to “Neutral” at Credit Suisse Group

CACI International (NYSE:CACI) was downgraded by analysts at Credit Suisse Group from an “outperform” rating to a “neutral” rating in a note issued to investors on Friday.

CACI has been the topic of a number of other research reports. BidaskClub upgraded CACI International from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Noble Financial reiterated a “buy” rating on shares of CACI International in a research report on Monday, November 13th. Cowen reiterated a “buy” rating and set a $152.00 target price on shares of CACI International in a research report on Thursday, October 12th. Zacks Investment Research upgraded CACI International from a “hold” rating to a “buy” rating and set a $154.00 target price on the stock in a research report on Wednesday. Finally, Loop Capital increased their target price on CACI International to $140.00 in a research report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company’s stock. CACI International has a consensus rating of “Buy” and a consensus target price of $148.55.

CACI International (NYSE CACI) opened at $141.35 on Friday. CACI International has a 52-week low of $112.10 and a 52-week high of $147.31. The stock has a market capitalization of $3,380.00, a P/E ratio of 21.03, a PEG ratio of 1.99 and a beta of 1.56. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.53 and a current ratio of 1.53.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, November 1st. The information technology services provider reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.15. CACI International had a return on equity of 9.57% and a net margin of 3.87%. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter last year, the firm posted $1.47 EPS. The business’s revenue was up 1.2% on a year-over-year basis. analysts expect that CACI International will post 6.91 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Prudential PLC raised its stake in CACI International by 33.7% in the 2nd quarter. Prudential PLC now owns 213,500 shares of the information technology services provider’s stock valued at $26,698,000 after purchasing an additional 53,800 shares during the last quarter. New York State Common Retirement Fund raised its stake in CACI International by 2.5% in the 3rd quarter. New York State Common Retirement Fund now owns 32,629 shares of the information technology services provider’s stock valued at $4,547,000 after purchasing an additional 800 shares during the last quarter. SG Americas Securities LLC raised its stake in CACI International by 166.5% in the 3rd quarter. SG Americas Securities LLC now owns 4,797 shares of the information technology services provider’s stock valued at $668,000 after purchasing an additional 2,997 shares during the last quarter. American International Group Inc. raised its stake in CACI International by 5.7% in the 3rd quarter. American International Group Inc. now owns 19,345 shares of the information technology services provider’s stock valued at $2,696,000 after purchasing an additional 1,051 shares during the last quarter. Finally, Nationwide Fund Advisors raised its stake in CACI International by 3.2% in the 2nd quarter. Nationwide Fund Advisors now owns 52,461 shares of the information technology services provider’s stock valued at $6,560,000 after purchasing an additional 1,613 shares during the last quarter. 88.39% of the stock is owned by hedge funds and other institutional investors.

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About CACI International

CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.

Analyst Recommendations for CACI International (NYSE:CACI)

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