CACI International Inc (CACI) Receives Average Recommendation of “Buy” from Brokerages

CACI International Inc (NYSE:CACI) has been assigned an average rating of “Buy” from the sixteen ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $148.55.

Several research analysts have issued reports on the company. BidaskClub raised CACI International from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Noble Financial reissued a “buy” rating on shares of CACI International in a research report on Monday, November 13th. Cowen reissued a “buy” rating and issued a $152.00 target price on shares of CACI International in a research report on Thursday, October 12th. Zacks Investment Research raised 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, January 10th. Finally, Loop Capital raised their target price on CACI International to $140.00 in a research report on Wednesday, January 3rd.

Several hedge funds and other institutional investors have recently bought and sold shares of CACI. Prudential PLC raised its stake in shares of CACI International by 33.7% in the second quarter. Prudential PLC now owns 213,500 shares of the information technology services provider’s stock worth $26,698,000 after buying an additional 53,800 shares during the period. Phocas Financial Corp. raised its stake in shares of CACI International by 39.2% in the second quarter. Phocas Financial Corp. now owns 83,331 shares of the information technology services provider’s stock worth $10,421,000 after buying an additional 23,456 shares during the period. State Street Corp raised its stake in shares of CACI International by 3.6% in the second quarter. State Street Corp now owns 601,924 shares of the information technology services provider’s stock worth $75,282,000 after buying an additional 21,125 shares during the period. Teachers Advisors LLC raised its stake in shares of CACI International by 3.9% in the second quarter. Teachers Advisors LLC now owns 203,527 shares of the information technology services provider’s stock worth $25,451,000 after buying an additional 7,628 shares during the period. Finally, Crossmark Global Holdings Inc. bought a new position in shares of CACI International in the third quarter worth about $785,000. 88.39% of the stock is currently owned by hedge funds and other institutional investors.

Shares of CACI International (NYSE CACI) traded down $4.00 during trading hours on Monday, reaching $137.35. The company’s stock had a trading volume of 111,300 shares, compared to its average volume of 100,333. The stock has a market capitalization of $3,381.71, a PE ratio of 20.41, a price-to-earnings-growth ratio of 1.94 and a beta of 1.57. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.53 and a quick ratio of 1.53. CACI International has a fifty-two week low of $112.10 and a fifty-two week high of $147.31.

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, topping the consensus estimate of $1.52 by $0.15. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. CACI International had a return on equity of 9.57% and a net margin of 3.87%. The business’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the firm posted $1.47 earnings per share. equities analysts forecast that CACI International will post 7.07 earnings per share for the current year.

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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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