CACI International (NYSE:CACI) Hits New 52-Week High at $407.74

CACI International Inc (NYSE:CACI - Get Free Report)'s share price hit a new 52-week high on Monday . The stock traded as high as $407.74 and last traded at $406.11, with a volume of 5712 shares trading hands. The stock had previously closed at $404.87.

Analysts Set New Price Targets

A number of research analysts have commented on CACI shares. The Goldman Sachs Group increased their target price on CACI International from $379.00 to $425.00 and gave the stock a "neutral" rating in a report on Tuesday, April 16th. StockNews.com upgraded CACI International from a "hold" rating to a "buy" rating in a research note on Thursday. Truist Financial lifted their price objective on shares of CACI International from $385.00 to $410.00 and gave the stock a "buy" rating in a report on Tuesday, April 9th. Wells Fargo & Company increased their target price on shares of CACI International from $387.00 to $410.00 and gave the stock an "overweight" rating in a report on Thursday, April 4th. Finally, Robert W. Baird boosted their price objective on CACI International from $370.00 to $464.00 and gave the company an "outperform" rating in a research report on Monday, April 8th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, CACI International currently has an average rating of "Moderate Buy" and a consensus price target of $400.82.

CACI International Stock Up 0.0 %

The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market cap of $9.03 billion, a P/E ratio of 23.40, a P/E/G ratio of 2.00 and a beta of 0.89. The stock has a 50 day moving average price of $373.98 and a 200 day moving average price of $346.11.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 EPS for the quarter, topping the consensus estimate of $5.55 by $0.19. CACI International had a net margin of 5.37% and a return on equity of 13.80%. The firm had revenue of $1.94 billion for the quarter, compared to analysts' expectations of $1.86 billion. During the same period in the previous year, the business earned $4.92 earnings per share. CACI International's revenue for the quarter was up 11.1% compared to the same quarter last year. Research analysts expect that CACI International Inc will post 20.39 earnings per share for the current fiscal year.

Insider Activity at CACI International

In other CACI International news, EVP J William Koegel, Jr. sold 500 shares of the company's stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total value of $188,740.00. Following the transaction, the executive vice president now owns 23,385 shares of the company's stock, valued at $8,827,369.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other CACI International news, Director Gregory G. Johnson sold 150 shares of the firm's stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the transaction, the director now directly owns 6,446 shares in the company, valued at $2,331,453.74. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP J William Koegel, Jr. sold 500 shares of CACI International stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total transaction of $188,740.00. Following the completion of the transaction, the executive vice president now directly owns 23,385 shares in the company, valued at $8,827,369.80. The disclosure for this sale can be found here. Company insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On CACI International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC boosted its position in CACI International by 91.3% during the 4th quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider's stock worth $43,000 after acquiring an additional 63 shares during the period. Anchor Investment Management LLC acquired a new stake in shares of CACI International during the fourth quarter worth approximately $152,000. Covestor Ltd grew its position in CACI International by 9.1% during the third quarter. Covestor Ltd now owns 540 shares of the information technology services provider's stock valued at $170,000 after purchasing an additional 45 shares in the last quarter. HTLF Bank acquired a new position in CACI International in the 1st quarter valued at approximately $229,000. Finally, Confluence Wealth Services Inc. acquired a new position in CACI International in the 1st quarter valued at approximately $237,000. Institutional investors and hedge funds own 86.43% of the company's stock.

CACI International Company Profile

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.