Caci International Inc (NYSE:CACI) has earned an average rating of “Buy” from the seventeen analysts that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $280.29.
A number of research analysts have recently issued reports on the stock. Jefferies Financial Group reiterated a “hold” rating and set a $270.00 price target on shares of Caci International in a research note on Monday, June 1st. Stifel Nicolaus dropped their price target on shares of Caci International from $305.00 to $295.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Morgan Stanley boosted their price target on shares of Caci International from $235.00 to $251.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. Zacks Investment Research lowered shares of Caci International from a “buy” rating to a “hold” rating and set a $260.00 target price on the stock. in a research report on Thursday, May 7th. Finally, Raymond James lowered shares of Caci International from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 8th.
Shares of Caci International stock opened at $207.82 on Tuesday. Caci International has a 52-week low of $156.15 and a 52-week high of $288.59. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.69. The company’s 50-day simple moving average is $216.10 and its 200-day simple moving average is $237.73. The firm has a market cap of $5.21 billion, a price-to-earnings ratio of 19.08, a price-to-earnings-growth ratio of 1.22 and a beta of 1.25.
Caci International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, April 29th. The information technology services provider reported $3.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.24 by ($0.08). Caci International had a return on equity of 11.26% and a net margin of 4.96%. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same quarter last year, the firm earned $2.69 earnings per share. The company’s revenue was up 15.9% compared to the same quarter last year. Equities research analysts anticipate that Caci International will post 12.31 EPS for the current year.
In other Caci International news, Director James L. Pavitt sold 500 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $257.94, for a total transaction of $128,970.00. Following the transaction, the director now owns 6,258 shares of the company’s stock, valued at $1,614,188.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO John S. Mengucci sold 5,308 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $263.27, for a total transaction of $1,397,437.16. Following the completion of the sale, the chief executive officer now directly owns 50,769 shares of the company’s stock, valued at approximately $13,365,954.63. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,108 shares of company stock worth $1,601,932. 1.38% of the stock is currently owned by insiders.
Institutional investors have recently added to or reduced their stakes in the company. Comerica Bank grew its holdings in Caci International by 5.0% during the 2nd quarter. Comerica Bank now owns 15,726 shares of the information technology services provider’s stock valued at $3,273,000 after purchasing an additional 744 shares in the last quarter. Chartwell Investment Partners LLC grew its holdings in Caci International by 3.2% during the 2nd quarter. Chartwell Investment Partners LLC now owns 68,723 shares of the information technology services provider’s stock valued at $14,905,000 after purchasing an additional 2,113 shares in the last quarter. Main Street Research LLC acquired a new stake in Caci International during the 2nd quarter valued at $260,000. Campbell & CO Investment Adviser LLC acquired a new stake in Caci International during the 2nd quarter valued at $566,000. Finally, Strs Ohio grew its holdings in Caci International by 207.5% during the 2nd quarter. Strs Ohio now owns 71,600 shares of the information technology services provider’s stock valued at $15,528,000 after purchasing an additional 48,319 shares in the last quarter. 87.37% of the stock is owned by institutional investors.
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.
Recommended Story: How do analysts define an oversold condition?
Receive News & Ratings for Caci International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caci International and related companies with MarketBeat.com's FREE daily email newsletter.