CACI International, Inc. (NYSE:CACI) Receives Consensus 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.

Shares of CACI International, Inc. (NYSE:CACI - Get Free Report) have earned a consensus rating of "Moderate Buy" from the fifteen ratings firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $549.6923.

A number of equities research analysts have commented on the stock. Jefferies Financial Group downgraded shares of CACI International from a "buy" rating to a "hold" rating and cut their target price for the stock from $570.00 to $535.00 in a research report on Wednesday, August 6th. UBS Group reaffirmed a "buy" rating and issued a $614.00 target price (up previously from $562.00) on shares of CACI International in a research report on Friday, August 8th. Raymond James Financial reaffirmed a "market perform" rating on shares of CACI International in a research report on Friday, August 8th. Stifel Nicolaus boosted their price objective on shares of CACI International from $576.00 to $600.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Finally, William Blair raised shares of CACI International from a "market perform" rating to an "outperform" rating in a research report on Monday, July 7th.

CACI International Stock Performance

NYSE:CACI traded down $0.28 during trading hours on Monday, reaching $479.43. The company had a trading volume of 166,883 shares, compared to its average volume of 270,709. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.73. CACI International has a 52 week low of $318.60 and a 52 week high of $588.26. The firm has a market cap of $10.54 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 1.25 and a beta of 0.69. The firm's 50 day moving average price is $479.65 and its 200-day moving average price is $434.31.

CACI International (NYSE:CACI - Get Free Report) last posted its earnings results on Wednesday, August 6th. The information technology services provider reported $8.40 EPS for the quarter, topping analysts' consensus estimates 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 in the previous year, the firm posted $6.61 EPS. The firm's revenue was up 13.0% on a year-over-year basis. On average, analysts forecast that CACI International will post 23.94 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Redwood Investment Management LLC bought a new position in CACI International in the 2nd quarter worth $1,366,000. BNP Paribas Financial Markets lifted its stake in CACI International by 24.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 15,260 shares of the information technology services provider's stock worth $7,274,000 after purchasing an additional 3,017 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in CACI International by 22.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 298,615 shares of the information technology services provider's stock worth $142,346,000 after purchasing an additional 54,905 shares in the last quarter. FWL Investment Management LLC lifted its stake in CACI International by 26.9% in the 2nd quarter. FWL Investment Management LLC now owns 17,321 shares of the information technology services provider's stock worth $8,257,000 after purchasing an additional 3,671 shares in the last quarter. Finally, Integrated Investment Consultants LLC purchased a new stake in CACI International in the 2nd quarter worth $265,000. Institutional investors own 86.43% of the company's stock.

CACI International Company Profile

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.