CACI International (NYSE:CACI) Stock Rating Upgraded by Jefferies Financial Group

Jefferies Financial Group upgraded shares of CACI International (NYSE:CACI) from a hold rating to a buy rating in a research report report published on Thursday morning, MarketBeat reports. They currently have $515.00 target price on the information technology services provider’s stock.

Several other analysts have also commented on CACI. Robert W. Baird reissued an “outperform” rating and issued a $640.00 price objective on shares of CACI International in a report on Tuesday, December 17th. Wells Fargo & Company cut their price objective on CACI International from $564.00 to $503.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Raymond James upgraded CACI International from a “market perform” rating to an “outperform” rating and set a $475.00 price target on the stock in a report on Thursday, January 2nd. TD Cowen cut their price target on CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Finally, Barclays increased their price objective on CACI International from $610.00 to $625.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $521.50.

CACI International Price Performance

CACI opened at $454.59 on Thursday. CACI International has a 12-month low of $326.60 and a 12-month high of $588.26. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The business’s fifty day simple moving average is $444.53 and its 200-day simple moving average is $470.32. The company has a market capitalization of $10.19 billion, a price-to-earnings ratio of 22.53, a PEG ratio of 1.31 and a beta of 0.87.

CACI International (NYSE:CACI) last released its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, beating analysts’ consensus estimates of $5.08 by $0.85. The company had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The firm’s revenue was up 11.2% compared to the same quarter last year. During the same period last year, the business posted $4.36 earnings per share. On average, equities research analysts anticipate that CACI International will post 23.88 earnings per share for the current fiscal year.

Institutional Trading of CACI International

Several large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in CACI International by 5.0% in the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock worth $243,386,000 after purchasing an additional 22,823 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of CACI International by 1.7% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider’s stock worth $146,623,000 after buying an additional 5,610 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of CACI International by 42.5% during the third quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock valued at $60,917,000 after purchasing an additional 34,647 shares during the last quarter. Segall Bryant & Hamill LLC grew its stake in shares of CACI International by 3.7% during the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock valued at $34,179,000 after purchasing an additional 2,396 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in CACI International by 37.1% in the third quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock valued at $29,745,000 after acquiring an additional 15,961 shares during the last quarter. 86.43% of the stock is owned by institutional investors and hedge funds.

CACI International Company Profile

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.