CACI International's (CACI) Market Perform Rating Reiterated at Raymond James Financial

CACI International (NYSE:CACI - Get Free Report)'s stock had its "market perform" rating reaffirmed by analysts at Raymond James Financial in a research report issued to clients and investors on Tuesday, Marketbeat.com reports.

CACI has been the subject of several other reports. Cowen reiterated a "buy" rating on shares of CACI International in a report on Monday, April 28th. Barclays increased their price objective on CACI International from $450.00 to $510.00 and gave the stock an "overweight" rating in a report on Tuesday, April 29th. Jefferies Financial Group cut their price objective on CACI International from $520.00 to $455.00 and set a "buy" rating for the company in a report on Tuesday, March 25th. Wells Fargo & Company increased their price objective on CACI International from $438.00 to $513.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. Finally, Truist Financial set a $525.00 price objective on CACI International and gave the stock a "buy" rating in a report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, CACI International has an average rating of "Moderate Buy" and an average price target of $520.31.

CACI International Stock Down 3.0%

Shares of CACI traded down $15.08 during mid-day trading on Tuesday, reaching $489.92. The company's stock had a trading volume of 294,365 shares, compared to its average volume of 306,258. The business has a fifty day moving average of $460.28 and a 200 day moving average of $415.86. The company has a market cap of $10.77 billion, a price-to-earnings ratio of 23.12, a price-to-earnings-growth ratio of 1.28 and a beta of 0.66. CACI International has a 1 year low of $318.60 and a 1 year high of $588.26. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.82.

CACI International (NYSE:CACI - Get Free Report) last released its earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.53 by $0.70. CACI International had a return on equity of 15.23% and a net margin of 5.70%. The company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.13 billion. During the same quarter in the prior year, the company earned $5.74 earnings per share. The company's revenue for the quarter was up 11.8% on a year-over-year basis. As a group, analysts forecast that CACI International will post 23.94 earnings per share for the current fiscal year.

Institutional Investors Weigh In On CACI International

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wayfinding Financial LLC bought a new stake in shares of CACI International in the first quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in CACI International by 180.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 140 shares of the information technology services provider's stock worth $67,000 after purchasing an additional 90 shares during the period. VSM Wealth Advisory LLC bought a new position in CACI International during the fourth quarter worth about $69,000. Jones Financial Companies Lllp lifted its stake in CACI International by 452.8% during the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider's stock worth $80,000 after purchasing an additional 163 shares during the period. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in CACI International by 528.6% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 264 shares of the information technology services provider's stock worth $97,000 after purchasing an additional 222 shares during the period. 86.43% of the stock is owned by institutional investors and hedge funds.

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.