Stifel Nicolaus Boosts CACI International (NYSE:CACI) Price Target to $430.00

CACI International (NYSE:CACI - Get Free Report) had its price objective raised by equities researchers at Stifel Nicolaus from $390.00 to $430.00 in a note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a "buy" rating on the information technology services provider's stock. Stifel Nicolaus' target price suggests a potential upside of 12.44% from the company's current price.

Several other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of CACI International from $375.00 to $383.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 6th. Wells Fargo & Company raised 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. Jefferies Financial Group cut shares of CACI International from a "buy" rating to a "hold" rating and lowered their target price for the stock from $375.00 to $350.00 in a report on Wednesday, January 3rd. The Goldman Sachs Group raised 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. Finally, Robert W. Baird raised their target price on shares of CACI International from $370.00 to $464.00 and gave the stock an "outperform" rating in a report on Monday, April 8th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, CACI International currently has a consensus rating of "Moderate Buy" and an average target price of $400.82.

CACI International Stock Up 1.7 %

Shares of NYSE CACI traded up $6.33 during mid-day trading on Tuesday, hitting $382.41. The company had a trading volume of 115,933 shares, compared to its average volume of 121,607. The company has a market capitalization of $8.52 billion, a PE ratio of 23.16, a price-to-earnings-growth ratio of 1.84 and a beta of 0.89. The firm has a 50-day simple moving average of $371.27 and a two-hundred day simple moving average of $344.37. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.53. CACI International has a one year low of $293.69 and a one year high of $385.70.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings data on Wednesday, January 24th. The information technology services provider reported $4.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.50 by ($0.14). The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.84 billion. CACI International had a return on equity of 13.65% and a net margin of 5.31%. The company's revenue was up 11.2% on a year-over-year basis. During the same quarter last year, the business earned $4.28 earnings per share. On average, equities analysts expect that CACI International will post 20.27 EPS for the current year.

Insider Activity at CACI International

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

Hedge Funds Weigh In On CACI International

A number of hedge funds have recently modified their holdings of the business. Covestor Ltd lifted its holdings in shares of CACI International by 9.1% during the third quarter. Covestor Ltd now owns 540 shares of the information technology services provider's stock worth $170,000 after purchasing an additional 45 shares during the period. Eagle Bay Advisors LLC lifted its holdings in shares of CACI International by 91.3% during the fourth quarter. Eagle Bay Advisors LLC now owns 132 shares of the information technology services provider's stock worth $43,000 after purchasing an additional 63 shares during the period. Essex Financial Services Inc. lifted its holdings in shares of CACI International by 10.4% during the fourth quarter. Essex Financial Services Inc. now owns 1,059 shares of the information technology services provider's stock worth $343,000 after purchasing an additional 100 shares during the period. Campbell & CO Investment Adviser LLC lifted its holdings in shares of CACI International by 12.7% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 1,901 shares of the information technology services provider's stock worth $616,000 after purchasing an additional 214 shares during the period. Finally, Zions Bancorporation N.A. lifted its holdings in shares of CACI International by 7.7% during the third quarter. Zions Bancorporation N.A. now owns 4,052 shares of the information technology services provider's stock worth $1,272,000 after purchasing an additional 289 shares during the period. Institutional investors and hedge funds own 86.43% of the company's stock.

About CACI International

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.