CACI International (NYSE:CACI) Price Target Raised to $425.00 at The Goldman Sachs Group

CACI International (NYSE:CACI) had its price objective upped by stock analysts at The Goldman Sachs Group from $379.00 to $425.00 in a report released on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the information technology services provider’s stock. The Goldman Sachs Group’s price target would suggest a potential upside of 16.29% from the stock’s previous close.

A number of other research analysts have also issued reports on the company. Truist Financial lifted their target price on CACI International from $385.00 to $410.00 and gave the company a “buy” rating in a report on Tuesday, April 9th. Wells Fargo & Company raised their price target on CACI International from $387.00 to $410.00 and gave the company an “overweight” rating in a research note on Thursday, April 4th. Jefferies Financial Group cut CACI International from a “buy” rating to a “hold” rating and cut their price target for the company from $375.00 to $350.00 in a research note on Wednesday, January 3rd. JPMorgan Chase & Co. raised their price target on CACI International from $375.00 to $383.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. Finally, StockNews.com cut CACI International from a “buy” rating to a “hold” rating in a research note on Monday. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $396.27.

CACI International Trading Up 0.2 %

Shares of CACI traded up $0.63 during midday trading on Tuesday, hitting $365.47. 5,124 shares of the stock were exchanged, compared to its average volume of 121,348. CACI International has a 52-week low of $293.69 and a 52-week high of $382.65. The stock has a fifty day simple moving average of $369.58 and a 200 day simple moving average of $341.94. The firm has a market cap of $8.14 billion, a P/E ratio of 22.09, a P/E/G ratio of 1.83 and a beta of 0.89. 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 results on Wednesday, January 24th. The information technology services provider reported $4.36 EPS for the quarter, missing the consensus estimate of $4.50 by ($0.14). The firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.84 billion. CACI International had a return on equity of 13.65% and a net margin of 5.31%. The company’s quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.28 earnings per share. On average, research analysts anticipate that CACI International will post 20.27 EPS for the current fiscal year.

Insider Activity at CACI International

In other CACI International news, EVP J William Koegel, Jr. sold 500 shares of the business’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 sale, the executive vice president now directly owns 23,385 shares in the company, valued at $8,827,369.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, EVP J William Koegel, Jr. sold 500 shares of the business’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total value of $188,740.00. Following the completion of 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 legal filing with the SEC, which is accessible through this hyperlink. Also, Director Gregory G. Johnson sold 150 shares of the company’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the transaction, the director now owns 6,446 shares of the company’s stock, valued at $2,331,453.74. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Running Oak Capital LLC boosted its holdings in CACI International by 10.6% in the first quarter. Running Oak Capital LLC now owns 30,101 shares of the information technology services provider’s stock valued at $11,403,000 after purchasing an additional 2,883 shares during the last quarter. M&R Capital Management Inc. purchased a new position in CACI International in the first quarter valued at about $1,092,000. Sanibel Captiva Trust Company Inc. purchased a new position in CACI International in the fourth quarter valued at about $324,000. Public Employees Retirement System of Ohio raised its stake in CACI International by 0.4% during the fourth quarter. Public Employees Retirement System of Ohio now owns 10,306 shares of the information technology services provider’s stock valued at $3,338,000 after buying an additional 37 shares in the last quarter. Finally, Port Capital LLC raised its stake in CACI International by 17.2% during the fourth quarter. Port Capital LLC now owns 99,261 shares of the information technology services provider’s stock valued at $32,147,000 after buying an additional 14,586 shares in the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.

CACI International Company Profile

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.