CACI International (NYSE:CACI) Rating Lowered to Hold at Wall Street Zen

CACI International (NYSE:CACI) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Sunday, Wall Street Zen reports.

CACI has been the topic of a number of other reports. Stifel Nicolaus boosted their target price on CACI International from $892.00 to $925.00 and gave the stock a “buy” rating in a report on Friday, October 23rd. UBS Group restated a “buy” rating and set a $823.00 price target (down from $826.00) on shares of CACI International in a report on Friday, October 23rd. Weiss Ratings lowered CACI International from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, October 28th. TD Cowen lowered their price objective on CACI International from $625.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. Finally, Cantor Fitzgerald lifted their price target on CACI International from $675.00 to $785.00 and gave the company an “overweight” rating in a research report on Wednesday, October 21st. Nine analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $727.70.

CACI International Price Performance

CACI stock opened at $678.79 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 1.04. CACI International has a 1 year low of $434.70 and a 1 year high of $689.15. The stock has a market cap of $15.08 billion, a PE ratio of 27.86, a price-to-earnings-growth ratio of 2.16 and a beta of 0.59. The stock has a 50-day moving average price of $625.51 and a two-hundred day moving average price of $570.05.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, October 21st. The information technology services provider reported $7.66 EPS for the quarter, topping the consensus estimate of $6.57 by $1.09. The business had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.51 billion. CACI International had a net margin of 5.55% and a return on equity of 15.56%. The firm’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $6.85 earnings per share. Equities analysts forecast that CACI International will post 33.50 EPS for the current fiscal year.

Institutional Trading of CACI International

Hedge funds have recently bought and sold shares of the stock. Bogart Wealth LLC raised its stake in shares of CACI International by 2,350.0% during the 1st quarter. Bogart Wealth LLC now owns 49 shares of the information technology services provider’s stock worth $27,000 after acquiring an additional 47 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of CACI International in the second quarter worth $32,000. First Bancorp Inc ME acquired a new stake in shares of CACI International during the second quarter worth $32,000. Root Financial Partners LLC purchased a new stake in shares of CACI International during the third quarter valued at $41,000. Finally, SBI Securities Co. Ltd. grew its holdings in shares of CACI International by 53.4% during the third quarter. SBI Securities Co. Ltd. now owns 89 shares of the information technology services provider’s stock valued at $54,000 after buying an additional 31 shares during the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.

CACI International Company Profile

CACI International Inc is a professional services and information technology company that provides mission-critical solutions to government customers, primarily in the United States. The company supports defense, intelligence, homeland security, and federal civilian agencies with expertise in areas such as enterprise IT, data analytics, artificial intelligence, cybersecurity, and software development.

CACI also delivers capabilities for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR), electronic warfare, signals intelligence, and other national security missions.