CACI International (NYSE:CACI) Reaches New 12-Month High at $382.65

Shares of CACI International Inc (NYSE:CACI) hit a new 52-week high during trading on Thursday . The stock traded as high as $382.65 and last traded at $380.29, with a volume of 21299 shares traded. The stock had previously closed at $378.89.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on CACI shares. JPMorgan Chase & Co. lifted their price target on shares of CACI International from $375.00 to $383.00 and gave the stock an “overweight” rating in a report on Tuesday, February 6th. Jefferies Financial Group cut shares of CACI International from a “buy” rating to a “hold” rating and dropped their price target for the company from $375.00 to $350.00 in a research note on Wednesday, January 3rd. StockNews.com raised shares of CACI International from a “hold” rating to a “buy” rating in a report on Wednesday, March 6th. Finally, Stifel Nicolaus raised CACI International from a “hold” rating to a “buy” rating and raised their price target for the stock from $365.00 to $380.00 in a report on Friday, January 5th. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, CACI International currently has a consensus rating of “Moderate Buy” and an average target price of $377.33.

CACI International Price Performance

The firm has a market cap of $8.44 billion, a PE ratio of 23.03, a PEG ratio of 1.86 and a beta of 0.89. The firm has a fifty day simple moving average of $361.72 and a two-hundred day simple moving average of $336.70. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.32 and a current ratio of 1.32.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, January 24th. The information technology services provider reported $4.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.50 by ($0.14). CACI International had a net margin of 5.31% and a return on equity of 13.65%. The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same period last year, the firm earned $4.28 earnings per share. CACI International’s quarterly revenue was up 11.2% on a year-over-year basis. Equities analysts predict that CACI International Inc will post 20.32 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP J William Koegel, Jr. sold 500 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total transaction of $188,740.00. Following the completion of the sale, the executive vice president now directly owns 23,385 shares in the company, valued at approximately $8,827,369.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other CACI International news, EVP J William Koegel, Jr. sold 500 shares of CACI International stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total value of $188,740.00. Following the transaction, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gregory G. Johnson sold 150 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $361.69, for a total value of $54,253.50. Following the transaction, the director now directly owns 6,446 shares in the company, valued at $2,331,453.74. The disclosure for this sale can be found here. 1.23% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Bank of New York Mellon Corp boosted its stake in shares of CACI International by 3.6% in the third quarter. Bank of New York Mellon Corp now owns 680,633 shares of the information technology services provider’s stock worth $213,671,000 after acquiring an additional 23,521 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of CACI International by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 370,752 shares of the information technology services provider’s stock valued at $126,367,000 after acquiring an additional 4,629 shares during the last quarter. Snyder Capital Management L P increased its position in CACI International by 0.7% during the second quarter. Snyder Capital Management L P now owns 367,547 shares of the information technology services provider’s stock worth $125,275,000 after purchasing an additional 2,487 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its holdings in CACI International by 0.8% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 145,141 shares of the information technology services provider’s stock valued at $45,563,000 after purchasing an additional 1,139 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in shares of CACI International by 0.5% during the 3rd quarter. California Public Employees Retirement System now owns 129,405 shares of the information technology services provider’s stock valued at $40,624,000 after buying an additional 630 shares during the period. Institutional investors and hedge funds own 86.43% of the company’s stock.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.