CACI International, Inc. (NYSE:CACI) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• CACI International has received a consensus rating of "Moderate Buy" from fifteen brokerages, with twelve analysts recommending a buy and two suggesting a hold.
• The average 12-month price target among analysts for CACI International is $549.69, reflecting a positive outlook on the stock.
• CACI reported quarterly earnings of $8.40 EPS, surpassing expectations and demonstrating a 13% increase in revenue year-over-year.

CACI International, Inc. (NYSE:CACI - Get Free Report) has been given an average recommendation of "Moderate Buy" by the fifteen brokerages that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $549.6923.

A number of equities analysts have issued reports on the stock. Barclays lifted their price objective on shares of CACI International from $450.00 to $510.00 and gave the stock an "overweight" rating in a report on Tuesday, April 29th. Cowen reaffirmed a "buy" rating on shares of CACI International in a report on Monday, April 28th. The Goldman Sachs Group raised shares of CACI International from a "sell" rating to a "buy" rating and lifted their price objective for the stock from $407.00 to $544.00 in a report on Wednesday, August 13th. Truist Financial set a $575.00 price objective on shares of CACI International in a report on Friday, August 8th. Finally, Stifel Nicolaus lifted their price objective on shares of CACI International from $576.00 to $600.00 and gave the stock a "buy" rating in a report on Friday, August 8th.

CACI International Stock Performance

NYSE CACI opened at $481.26 on Monday. The company has a fifty day simple moving average of $476.64 and a 200 day simple moving average of $431.33. CACI International has a 12-month low of $318.60 and a 12-month high of $588.26. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.73. The company has a market cap of $10.58 billion, a P/E ratio of 21.53, a PEG ratio of 1.25 and a beta of 0.69.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The information technology services provider reported $8.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.54 by $1.86. CACI International had a net margin of 5.79% and a return on equity of 15.84%. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter last year, the firm posted $6.61 EPS. CACI International's revenue was up 13.0% compared to the same quarter last year. Sell-side analysts predict that CACI International will post 23.94 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CACI International

A number of hedge funds have recently bought and sold shares of CACI. Cornerstone Investment Partners LLC boosted its holdings in shares of CACI International by 1.3% in the 1st quarter. Cornerstone Investment Partners LLC now owns 2,044 shares of the information technology services provider's stock worth $750,000 after buying an additional 27 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of CACI International by 110.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 80 shares of the information technology services provider's stock worth $38,000 after buying an additional 42 shares during the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of CACI International by 21.0% in the 1st quarter. TD Private Client Wealth LLC now owns 305 shares of the information technology services provider's stock worth $112,000 after buying an additional 53 shares during the last quarter. V Square Quantitative Management LLC purchased a new position in shares of CACI International in the 2nd quarter worth about $25,000. Finally, Covestor Ltd boosted its holdings in shares of CACI International by 26.9% in the 1st quarter. Covestor Ltd now owns 307 shares of the information technology services provider's stock worth $113,000 after buying an additional 65 shares during the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

About CACI International

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.

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