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

Key Points

• CACI International, Inc. is currently rated as a "Moderate Buy" by analysts, with a consensus 1-year price target of approximately $548.73.
• CEO John S. Mengucci sold over 10,000 shares of the company at around $492.82 per share, reducing his ownership by 9.11%.
• The company reported a 13% revenue increase year-over-year, with earnings per share of $8.40, exceeding estimates by $1.86.

CACI International, Inc. (NYSE:CACI - Get Free Report) has been given an average recommendation of "Moderate Buy" by the fourteen research firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $548.7273.

Several research analysts have commented on CACI shares. Truist Financial set a $575.00 target price on CACI International in a report on Friday, August 8th. The Goldman Sachs Group raised CACI International from a "sell" rating to a "buy" rating and boosted their price objective for the company from $407.00 to $544.00 in a research note on Wednesday, August 13th. UBS Group reissued a "buy" rating and issued a $614.00 price objective (up from $562.00) on shares of CACI International in a research note on Friday, August 8th. Weiss Ratings reissued a "hold (c+)" rating on shares of CACI International in a research note on Wednesday, October 8th. Finally, Raymond James Financial reissued a "market perform" rating on shares of CACI International in a research note on Friday, August 8th.

Insider Activity

In other news, CEO John S. Mengucci sold 10,175 shares of the business's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $492.82, for a total value of $5,014,443.50. Following the transaction, the chief executive officer directly owned 101,536 shares of the company's stock, valued at $50,038,971.52. The trade was a 9.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CACI. V Square Quantitative Management LLC bought a new stake in CACI International in the 2nd quarter valued at about $25,000. Wayfinding Financial LLC bought a new stake in CACI International in the 1st quarter valued at about $27,000. First Horizon Advisors Inc. increased its position in 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 valued at $38,000 after buying an additional 42 shares in the last quarter. Trust Co. of Toledo NA OH bought a new stake in CACI International in the 2nd quarter valued at about $55,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in CACI International by 180.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 140 shares of the information technology services provider's stock valued at $67,000 after buying an additional 90 shares in the last quarter. 86.43% of the stock is owned by institutional investors and hedge funds.

CACI International Stock Down 0.3%

Shares of CACI opened at $508.84 on Tuesday. The company has a market capitalization of $11.19 billion, a PE ratio of 22.77, a PEG ratio of 1.92 and a beta of 0.63. CACI International has a 12 month low of $318.60 and a 12 month high of $588.26. The stock's 50-day moving average price is $492.15 and its two-hundred day moving average price is $465.42. 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 (NYSE:CACI - Get Free Report) last announced its earnings results on Wednesday, August 6th. The information technology services provider reported $8.40 EPS for the quarter, topping the consensus estimate of $6.54 by $1.86. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.29 billion. CACI International had a return on equity of 15.84% and a net margin of 5.79%.The business's quarterly revenue was up 13.0% compared to the same quarter last year. During the same period in the previous year, the business earned $6.61 EPS. On average, analysts anticipate that CACI International will post 23.94 EPS for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.