Caci International Inc (NYSE:CACI) has earned an average rating of “Buy” from the seventeen analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, ten have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $192.08.
Several research analysts have weighed in on the stock. SunTrust Banks reissued a “hold” rating and set a $210.00 price objective on shares of Caci International in a report on Thursday, August 16th. ValuEngine raised shares of Caci International from a “hold” rating to a “buy” rating in a research note on Tuesday, October 2nd. Jefferies Financial Group lowered shares of Caci International from a “buy” rating to a “hold” rating in a research note on Tuesday, September 25th. Stifel Nicolaus boosted their target price on shares of Caci International from $190.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, August 16th. Finally, Seaport Global Securities reissued a “buy” rating and set a $200.00 target price on shares of Caci International in a research note on Friday, August 17th.
In other news, Director Warren R. Phillips sold 146 shares of the business’s stock in a transaction that occurred on Wednesday, August 22nd. The shares were sold at an average price of $193.56, for a total transaction of $28,259.76. Following the sale, the director now owns 5,919 shares in the company, valued at $1,145,681.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Thomas A. Mutryn sold 4,995 shares of the business’s stock in a transaction that occurred on Tuesday, September 4th. The shares were sold at an average price of $196.00, for a total transaction of $979,020.00. Following the sale, the chief financial officer now owns 32,055 shares in the company, valued at approximately $6,282,780. The disclosure for this sale can be found here. Insiders sold a total of 10,731 shares of company stock worth $2,080,561 over the last quarter. Insiders own 1.51% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the company. Phocas Financial Corp. raised its holdings in shares of Caci International by 11.8% during the second quarter. Phocas Financial Corp. now owns 67,220 shares of the information technology services provider’s stock valued at $11,330,000 after acquiring an additional 7,110 shares during the period. Alps Advisors Inc. grew its position in Caci International by 11.4% during the second quarter. Alps Advisors Inc. now owns 4,491 shares of the information technology services provider’s stock valued at $757,000 after purchasing an additional 459 shares in the last quarter. Sun Life Financial INC purchased a new position in Caci International during the second quarter valued at approximately $317,000. US Bancorp DE grew its position in Caci International by 4.3% during the second quarter. US Bancorp DE now owns 14,965 shares of the information technology services provider’s stock valued at $2,521,000 after purchasing an additional 613 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Caci International by 7.1% during the second quarter. Bank of New York Mellon Corp now owns 509,948 shares of the information technology services provider’s stock valued at $85,951,000 after purchasing an additional 33,990 shares in the last quarter. Institutional investors and hedge funds own 89.48% of the company’s stock.
Caci International stock opened at $180.27 on Wednesday. Caci International has a 12-month low of $121.60 and a 12-month high of $200.85. The firm has a market cap of $4.48 billion, a P/E ratio of 22.99, a PEG ratio of 1.91 and a beta of 1.55. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.48.
Caci International (NYSE:CACI) last released its quarterly earnings results on Wednesday, August 15th. The information technology services provider reported $2.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.78 by $0.27. Caci International had a net margin of 6.74% and a return on equity of 9.91%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the firm posted $1.76 EPS. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. On average, equities analysts expect that Caci International will post 9.49 EPS for the current fiscal year.
Caci International Company Profile
CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.
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