Caci International Inc (CACI) Receives $190.23 Average PT from Brokerages

Caci International Inc (NYSE:CACI) has been assigned a consensus rating of “Buy” from the seventeen research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, six have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $192.08.

A number of analysts have recently weighed in on the stock. ValuEngine downgraded shares of Caci International from a “buy” rating to a “hold” rating in a research report on Friday, September 21st. Raymond James downgraded shares of Caci International from a “strong-buy” rating to an “outperform” rating in a report on Thursday, June 21st. B. Riley lifted their price objective on shares of Caci International from $150.00 to $165.00 and gave the stock a “neutral” rating in a report on Friday, June 22nd. Loop Capital lifted their price objective on shares of Caci International to $188.00 and gave the stock a “buy” rating in a report on Thursday, June 21st. Finally, Zacks Investment Research downgraded shares of Caci International from a “buy” rating to a “hold” rating in a report on Wednesday, June 20th.

In other Caci International news, Director Gregory G. Johnson sold 500 shares of the firm’s stock in a transaction on Monday, August 20th. The stock was sold at an average price of $189.00, for a total value of $94,500.00. Following the sale, the director now directly owns 5,074 shares in the company, valued at $958,986. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Thomas A. Mutryn sold 4,995 shares of the firm’s stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $196.00, for a total value of $979,020.00. Following the completion of the sale, the chief financial officer now owns 32,055 shares in the company, valued at $6,282,780. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,731 shares of company stock valued at $2,080,561. 1.44% of the stock is currently owned by corporate insiders.

Hedge funds have recently bought and sold shares of the business. BlackRock Inc. raised its stake in shares of Caci International by 0.3% during the first quarter. BlackRock Inc. now owns 3,183,486 shares of the information technology services provider’s stock valued at $481,819,000 after purchasing an additional 9,333 shares in the last quarter. Northern Trust Corp raised its stake in shares of Caci International by 0.4% during the first quarter. Northern Trust Corp now owns 682,974 shares of the information technology services provider’s stock valued at $103,368,000 after purchasing an additional 3,054 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Caci International by 7.1% during the second quarter. Bank of New York Mellon Corp now owns 509,948 shares of the information technology services provider’s stock valued at $85,951,000 after purchasing an additional 33,990 shares in the last quarter. ETF Managers Group LLC bought a new stake in shares of Caci International during the first quarter valued at about $51,530,000. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Caci International by 7.0% during the first quarter. Schwab Charles Investment Management Inc. now owns 239,934 shares of the information technology services provider’s stock valued at $36,315,000 after purchasing an additional 15,767 shares in the last quarter. Institutional investors own 89.59% of the company’s stock.

Shares of CACI stock traded up $0.30 during mid-day trading on Friday, reaching $184.25. 73,413 shares of the company were exchanged, compared to its average volume of 151,027. Caci International has a fifty-two week low of $121.60 and a fifty-two week high of $200.85. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $4.54 billion, a P/E ratio of 23.55, a PEG ratio of 1.94 and a beta of 1.53.

Caci International (NYSE:CACI) last released its quarterly earnings results on Wednesday, August 15th. The information technology services provider reported $2.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.27. Caci International had a net margin of 6.74% and a return on equity of 9.91%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter last year, the company earned $1.76 earnings per share. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. research analysts predict that Caci International will post 9.49 EPS for the current year.

Caci International Company Profile

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.

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Analyst Recommendations for Caci International (NYSE:CACI)

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