CACI International (NYSE:CACI) Price Target Raised to $513.00

CACI International (NYSE:CACI - Get Free Report) had its price target hoisted by investment analysts at Wells Fargo & Company from $438.00 to $513.00 in a report released on Monday, Marketbeat.com reports. The brokerage currently has an "overweight" rating on the information technology services provider's stock. Wells Fargo & Company's target price points to a potential upside of 10.92% from the company's previous close.

A number of other equities research analysts have also weighed in on the company. StockNews.com lowered CACI International from a "buy" rating to a "hold" rating in a research note on Saturday, January 25th. Cantor Fitzgerald raised shares of CACI International to a "strong-buy" rating in a research report on Tuesday, February 25th. Truist Financial set a $525.00 price target on shares of CACI International and gave the stock a "buy" rating in a report on Friday, April 25th. Raymond James reiterated an "outperform" rating and set a $490.00 price objective (up from $475.00) on shares of CACI International in a research note on Thursday, January 23rd. Finally, TD Cowen cut their target price on CACI International from $610.00 to $480.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $515.67.

CACI International Stock Up 0.8 %

Shares of CACI stock traded up $3.62 during mid-day trading on Monday, hitting $462.49. The stock had a trading volume of 434,666 shares, compared to its average volume of 274,178. CACI International has a 12-month low of $318.60 and a 12-month high of $588.26. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52. The firm's 50-day moving average is $393.17 and its two-hundred day moving average is $426.51. The firm has a market capitalization of $10.37 billion, a P/E ratio of 21.69, a price-to-earnings-growth ratio of 1.01 and a beta of 0.78.

CACI International (NYSE:CACI - Get Free Report) last announced its quarterly 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 15.30% and a net margin of 5.90%. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same period last year, the business posted $5.74 EPS. The business's revenue was up 11.8% compared to the same quarter last year. On average, analysts predict that CACI International will post 23.94 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Debora A. Plunkett sold 309 shares of the company's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $363.62, for a total value of $112,358.58. Following the completion of the transaction, the director now directly owns 2,315 shares in the company, valued at approximately $841,780.30. This represents a 11.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.35% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CACI International

A number of institutional investors have recently added to or reduced their stakes in the company. Wayfinding Financial LLC acquired a new position in CACI International during the first quarter valued at approximately $27,000. UMB Bank n.a. lifted its holdings in shares of CACI International by 37.2% during the 4th quarter. UMB Bank n.a. now owns 107 shares of the information technology services provider's stock valued at $43,000 after acquiring an additional 29 shares in the last quarter. GAMMA Investing LLC boosted its position in CACI International by 69.4% during the 4th quarter. GAMMA Investing LLC now owns 122 shares of the information technology services provider's stock worth $49,000 after purchasing an additional 50 shares during the period. VSM Wealth Advisory LLC acquired a new stake in CACI International in the 4th quarter valued at $69,000. Finally, Jones Financial Companies Lllp raised its position in CACI International by 452.8% in the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider's stock valued at $80,000 after purchasing an additional 163 shares during the period. Hedge funds and other 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.