Caci International Inc (NYSE:CACI) has earned a consensus rating of “Buy” from the seventeen brokerages that are covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $198.69.
A number of research analysts have weighed in on the stock. ValuEngine cut shares of Caci International from a “buy” rating to a “hold” rating in a research note on Friday, September 21st. B. Riley boosted their target price on shares of Caci International from $165.00 to $182.00 and gave the company a “neutral” rating in a research note on Friday, August 17th. Loop Capital boosted their target price on shares of Caci International to $210.00 and gave the company a “buy” rating in a research note on Thursday, August 16th. Credit Suisse Group boosted their target price on shares of Caci International from $184.00 to $188.00 and gave the company a “neutral” rating in a research note on Friday, August 17th. Finally, Citigroup dropped their target price on shares of Caci International from $210.00 to $205.00 and set a “buy” rating on the stock in a research note on Friday, November 2nd.
Caci International stock traded down $2.28 during midday trading on Thursday, hitting $154.84. 2,336 shares of the stock were exchanged, compared to its average volume of 431,073. Caci International has a 52-week low of $129.55 and a 52-week high of $200.85. The stock has a market cap of $3.90 billion, a PE ratio of 19.78, a price-to-earnings-growth ratio of 1.55 and a beta of 1.45. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.76 and a current ratio of 1.76.
Caci International (NYSE:CACI) last released its quarterly earnings results on Wednesday, October 31st. The information technology services provider reported $3.10 earnings per share for the quarter, topping the consensus estimate of $2.02 by $1.08. Caci International had a net margin of 7.43% and a return on equity of 11.26%. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the company earned $1.67 earnings per share. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. As a group, analysts predict that Caci International will post 10.15 EPS for the current fiscal year.
Hedge funds have recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC purchased a new stake in shares of Caci International during the 3rd quarter valued at approximately $117,000. Quantbot Technologies LP lifted its stake in shares of Caci International by 380.6% during the 3rd quarter. Quantbot Technologies LP now owns 644 shares of the information technology services provider’s stock valued at $118,000 after buying an additional 510 shares in the last quarter. Laurel Wealth Advisors Inc. purchased a new stake in shares of Caci International during the 2nd quarter valued at approximately $222,000. Iberiabank Corp purchased a new stake in shares of Caci International during the 3rd quarter valued at approximately $250,000. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Caci International during the 2nd quarter valued at approximately $233,000. Institutional investors own 89.59% of the company’s stock.
About Caci International
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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