Raymond James Financial Reiterates Market Perform Rating for CACI International (NYSE:CACI)

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

A number of other brokerages have also weighed in on CACI. Cowen restated a "buy" rating on shares of CACI International in a research report on Monday, April 28th. Truist Financial set a $525.00 price target on shares of CACI International and gave the company a "buy" rating in a research note on Friday, April 25th. William Blair raised shares of CACI International from a "market perform" rating to an "outperform" rating in a research note on Monday. Jefferies Financial Group dropped their price target on shares of CACI International from $520.00 to $455.00 and set a "buy" rating for the company in a research note on Tuesday, March 25th. Finally, Barclays raised their price target on shares of CACI International from $450.00 to $510.00 and gave the company an "overweight" rating in a research note on Tuesday, April 29th. One 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 stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $520.31.

CACI International Stock Performance

Shares of NYSE:CACI traded down $2.49 on Tuesday, reaching $486.39. 39,785 shares of the company's stock were exchanged, compared to its average volume of 450,853. The company has a fifty day moving average of $461.09 and a 200-day moving average of $416.37. CACI International has a twelve month low of $318.60 and a twelve month high of $588.26. The company has a market capitalization of $10.70 billion, a price-to-earnings ratio of 22.95, a PEG ratio of 1.32 and a beta of 0.66. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.82.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.53 by $0.70. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.13 billion. CACI International had a net margin of 5.70% and a return on equity of 15.23%. The firm's revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the business posted $5.74 EPS. On average, research analysts predict that CACI International will post 23.94 EPS for the current fiscal year.

Institutional Investors Weigh In On CACI International

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of 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 valued at $67,000 after buying an additional 90 shares during the last quarter. Strs Ohio acquired a new position in shares of CACI International during the first quarter valued at about $1,203,000. United Services Automobile Association acquired a new position in shares of CACI International during the first quarter valued at about $553,000. Jones Financial Companies Lllp grew its holdings in shares of CACI International by 344.7% during the first quarter. Jones Financial Companies Lllp now owns 885 shares of the information technology services provider's stock valued at $325,000 after buying an additional 686 shares during the last quarter. Finally, Baird Financial Group Inc. grew its holdings in shares of CACI International by 3.4% during the first quarter. Baird Financial Group Inc. now owns 4,259 shares of the information technology services provider's stock valued at $1,563,000 after buying an additional 141 shares during the last quarter. 86.43% of the stock is owned by institutional investors.

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.