CACI International (NYSE:CACI) Reaches New 52-Week High After Analyst Upgrade

CACI International Inc (NYSE:CACI - Get Free Report)'s stock price reached a new 52-week high on Monday after TD Cowen raised their price target on the stock from $400.00 to $435.00. TD Cowen currently has a buy rating on the stock. CACI International traded as high as $419.26 and last traded at $419.24, with a volume of 5262 shares traded. The stock had previously closed at $414.95.

Several other research firms also recently weighed in on CACI. Barclays lifted their price objective on CACI International from $400.00 to $450.00 and gave the company an "overweight" rating in a report on Tuesday, April 30th. JPMorgan Chase & Co. boosted their target price on shares of CACI International from $375.00 to $383.00 and gave the stock an "overweight" rating in a report on Tuesday, February 6th. Stifel Nicolaus boosted their target price on shares of CACI International from $390.00 to $430.00 and gave the stock a "buy" rating in a report on Tuesday, April 23rd. StockNews.com upgraded shares of CACI International from a "hold" rating to a "buy" rating in a report on Thursday, April 25th. Finally, The Goldman Sachs Group boosted their target price on shares of CACI International from $379.00 to $425.00 and gave the stock a "neutral" rating in a report on Tuesday, April 16th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $415.45.

Insider Transactions at CACI International

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Mawer Investment Management Ltd. lifted its holdings in CACI International by 58.1% in the first quarter. Mawer Investment Management Ltd. now owns 17,032 shares of the information technology services provider's stock valued at $6,452,000 after acquiring an additional 6,258 shares during the period. Central Pacific Bank Trust Division acquired a new position in shares of CACI International during the 1st quarter worth approximately $1,069,000. BNP Paribas acquired a new position in shares of CACI International during the 1st quarter worth approximately $1,191,000. Janney Montgomery Scott LLC raised its stake in shares of CACI International by 36.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 6,073 shares of the information technology services provider's stock worth $2,301,000 after buying an additional 1,628 shares during the period. Finally, BNP Paribas Financial Markets raised its stake in shares of CACI International by 147.5% during the 1st quarter. BNP Paribas Financial Markets now owns 34,958 shares of the information technology services provider's stock worth $13,243,000 after buying an additional 20,835 shares during the period. 86.43% of the stock is owned by institutional investors and hedge funds.

CACI International Trading Up 2.1 %

The company has a 50 day moving average price of $377.37 and a two-hundred day moving average price of $348.09. 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 firm has a market capitalization of $9.45 billion, a price-to-earnings ratio of 24.48, a P/E/G ratio of 1.97 and a beta of 0.85.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The information technology services provider reported $5.74 EPS for the quarter, beating the consensus estimate of $5.55 by $0.19. CACI International had a return on equity of 13.80% and a net margin of 5.37%. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same period in the prior year, the company earned $4.92 EPS. The firm's revenue was up 11.1% compared to the same quarter last year. On average, research analysts forecast that CACI International Inc will post 20.36 EPS for the current year.

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.