Cantor Fitzgerald Forecasts Strong Price Appreciation for CACI International (NYSE:CACI) Stock

Key Points

• Cantor Fitzgerald raised its CACI International price target from $675 to $785 and maintained an “overweight” rating, implying 29.51% potential upside from the prior close.
• Analyst sentiment is broadly positive, with nine Buy, two Hold, and one Sell rating; the consensus is “Moderate Buy” with an average price target of $710.36.
• CACI reported quarterly EPS of $8.91, beating estimates by $1.52, while revenue rose 17.6% year over year to $2.71 billion. Institutional investors own 86.43% of the company.

CACI International (NYSE:CACI - Get Free Report) had its price objective raised by equities researchers at Cantor Fitzgerald from $675.00 to $785.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage presently has an "overweight" rating on the information technology services provider's stock. Cantor Fitzgerald's target price would suggest a potential upside of 29.51% from the company's previous close.

Several other research firms have also issued reports on CACI. Jefferies Financial Group reissued a "hold" rating on shares of CACI International in a report on Thursday, September 17th. Weiss Ratings upgraded CACI International from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, October 13th. Stifel Nicolaus set a $892.00 price target on CACI International in a research note on Thursday, August 6th. BNP Paribas Exane downgraded CACI International from a "neutral" rating to an "underperform" rating and dropped their price target for the company from $675.00 to $540.00 in a research note on Tuesday, October 6th. Finally, UBS Group upped their price objective on shares of CACI International from $598.00 to $804.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, CACI International has an average rating of "Moderate Buy" and an average price target of $710.36.

CACI International Trading Down 1.7%

Shares of CACI stock opened at $606.13 on Wednesday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 1.09. The stock has a market cap of $13.40 billion, a P/E ratio of 25.10, a price-to-earnings-growth ratio of 2.00 and a beta of 0.59. The stock has a 50 day simple moving average of $625.77 and a 200 day simple moving average of $550.24. CACI International has a 1 year low of $434.70 and a 1 year high of $683.50.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The information technology services provider reported $8.91 EPS for the quarter, topping analysts' consensus estimates of $7.39 by $1.52. The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.70 billion. CACI International had a return on equity of 15.65% and a net margin of 5.60%. The company's revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the company earned $8.40 EPS. CACI International has set its FY 2027 guidance at 32.960-33.860 EPS. On average, research analysts predict that CACI International will post 33.42 earnings per share for the current fiscal year.

Institutional Trading of CACI International

Hedge funds have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC boosted its holdings in shares of CACI International by 3.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,973 shares of the information technology services provider's stock valued at $1,202,000 after acquiring an additional 68 shares in the last quarter. Valley Wealth Managers Inc. grew its position in CACI International by 2.0% during the 3rd quarter. Valley Wealth Managers Inc. now owns 43,821 shares of the information technology services provider's stock worth $26,692,000 after acquiring an additional 872 shares during the last quarter. GAMMA Investing LLC increased its holdings in CACI International by 16.2% in the 3rd quarter. GAMMA Investing LLC now owns 682 shares of the information technology services provider's stock worth $415,000 after purchasing an additional 95 shares in the last quarter. Steph & Co. increased its holdings in CACI International by 62.1% in the 3rd quarter. Steph & Co. now owns 282 shares of the information technology services provider's stock worth $172,000 after purchasing an additional 108 shares in the last quarter. Finally, Versant Capital Management Inc increased its holdings in CACI International by 44.4% in the 3rd quarter. Versant Capital Management Inc now owns 117 shares of the information technology services provider's stock worth $71,000 after purchasing an additional 36 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company's stock.

About CACI International

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.

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