CACI International (NYSE:CACI) Earns "Hold (C+)" Rating from Weiss Ratings

Key Points

• CACI International has received a "Hold (C+)" rating from Weiss Ratings, with a consensus price target of $548.73 based on various analysts' evaluations.
• The company reported a quarterly earnings per share (EPS) of $8.40, exceeding analysts' expectations by $1.86, and showing a 13.0% year-over-year revenue growth.
• Insider trading activity included CEO John S. Mengucci selling over 10,000 shares, representing a 9.11% reduction in his ownership.

CACI International (NYSE:CACI - Get Free Report)'s stock had its "hold (c+)" rating restated by analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

A number of other equities research analysts also recently weighed in on CACI. Raymond James Financial restated a "market perform" rating on shares of CACI International in a research report on Friday, August 8th. Jefferies Financial Group cut CACI International from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $570.00 to $535.00 in a research note on Wednesday, August 6th. The Goldman Sachs Group upgraded CACI International from a "sell" rating to a "buy" rating and upped their price objective for the company from $407.00 to $544.00 in a report on Wednesday, August 13th. William Blair upgraded CACI International from a "market perform" rating to an "outperform" rating in a report on Monday, July 7th. Finally, Stifel Nicolaus upped their price objective on CACI International from $576.00 to $600.00 and gave the company a "buy" rating in a report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $548.73.

CACI International Price Performance

CACI International stock traded up $1.06 on Wednesday, reaching $527.02. The company's stock had a trading volume of 169,468 shares, compared to its average volume of 378,648. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.47 and a current ratio of 1.47. The company has a market cap of $11.59 billion, a price-to-earnings ratio of 23.58, a PEG ratio of 1.98 and a beta of 0.63. The business's fifty day moving average price is $488.14 and its 200 day moving average price is $460.88. CACI International has a twelve month low of $318.60 and a twelve month high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.29 billion. CACI International had a return on equity of 15.84% and a net margin of 5.79%.The business's revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.61 earnings per share. Equities analysts expect that CACI International will post 23.94 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO John S. Mengucci sold 10,175 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $492.82, for a total transaction of $5,014,443.50. Following the completion of the transaction, the chief executive officer directly owned 101,536 shares of the company's stock, valued at approximately $50,038,971.52. This represents a 9.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.10% of the company's stock.

Institutional Trading of CACI International

A number of hedge funds have recently made changes to their positions in CACI. River Road Asset Management LLC lifted its position in shares of CACI International by 27.0% in the second quarter. River Road Asset Management LLC now owns 365,479 shares of the information technology services provider's stock valued at $168,329,000 after buying an additional 77,677 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of CACI International by 22.5% in the second quarter. Ameriprise Financial Inc. now owns 298,615 shares of the information technology services provider's stock valued at $142,346,000 after buying an additional 54,905 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its position in shares of CACI International by 15.5% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 200,214 shares of the information technology services provider's stock valued at $73,463,000 after buying an additional 26,804 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in shares of CACI International by 36.3% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 90,078 shares of the information technology services provider's stock worth $33,051,000 after purchasing an additional 24,010 shares during the period. Finally, Segall Bryant & Hamill LLC increased its stake in shares of CACI International by 53.4% in the 2nd quarter. Segall Bryant & Hamill LLC now owns 59,546 shares of the information technology services provider's stock valued at $28,386,000 after purchasing an additional 20,729 shares during the last quarter. 86.43% of the stock is owned by institutional investors and hedge funds.

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.

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