CACI International (NYSE:CACI) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

Key Points

• CACI shares moved above their 200-day moving average, reaching as high as $637.93 and last trading near $626.64, compared with a 200-day average of $548.27.
• Analysts maintain a generally positive outlook, with eight Buy ratings and four Holds producing a “Moderate Buy” consensus and an average price target of $697.55.
• The company reported strong quarterly results, with EPS of $8.91 beating estimates by $1.52 and revenue rising 17.6% year over year to $2.71 billion; institutional investors own 86.43% of outstanding shares.

CACI International, Inc. (NYSE:CACI - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $548.27 and traded as high as $637.93. CACI International shares last traded at $626.6360, with a volume of 491,479 shares changing hands.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CACI shares. TD Cowen dropped their price target on CACI International from $625.00 to $550.00 and set a "buy" rating on the stock in a research report on Tuesday, July 7th. Cantor Fitzgerald restated an "overweight" rating and issued a $675.00 price objective on shares of CACI International in a report on Wednesday, July 22nd. Jefferies Financial Group reaffirmed a "hold" rating on shares of CACI International in a research note on Thursday. BNP Paribas Exane initiated coverage on shares of CACI International in a report on Wednesday, May 27th. They set a "neutral" rating and a $550.00 target price on the stock. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of CACI International in a research report on Friday, August 14th. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $697.55.

CACI International Trading Down 1.3%

The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $13.85 billion, a P/E ratio of 25.95, a price-to-earnings-growth ratio of 1.79 and a beta of 0.57. The company has a 50-day moving average price of $582.00 and a 200 day moving average price of $548.27.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The information technology services provider reported $8.91 earnings per share for the quarter, topping analysts' consensus estimates of $7.39 by $1.52. CACI International had a return on equity of 15.65% and a net margin of 5.60%.The firm had revenue of $2.71 billion during the quarter, compared to analysts' expectations of $2.70 billion. During the same quarter last year, the firm earned $8.40 EPS. The business's quarterly revenue was up 17.6% on a year-over-year basis. CACI International has set its FY 2027 guidance at 32.960-33.860 EPS. On average, research analysts forecast that CACI International, Inc. will post 33.5 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC lifted its stake in shares of CACI International by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 431,112 shares of the information technology services provider's stock worth $229,746,000 after buying an additional 6,131 shares during the period. Van Lanschot Kempen Investment Management N.V. increased its position in shares of CACI International by 11.4% in the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 73,423 shares of the information technology services provider's stock valued at $39,121,000 after acquiring an additional 7,487 shares during the period. Fort Washington Investment Advisors Inc. OH raised its stake in CACI International by 24.5% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 50,702 shares of the information technology services provider's stock worth $27,575,000 after acquiring an additional 9,980 shares during the last quarter. California State Teachers Retirement System raised its stake in CACI International by 22.6% in the 1st quarter. California State Teachers Retirement System now owns 25,494 shares of the information technology services provider's stock worth $13,865,000 after acquiring an additional 4,696 shares during the last quarter. Finally, Strs Ohio lifted its position in CACI International by 20.3% during the 1st quarter. Strs Ohio now owns 14,799 shares of the information technology services provider's stock worth $8,049,000 after acquiring an additional 2,499 shares during the period. Institutional investors and hedge funds own 86.43% of the company's stock.

About CACI International

CACI International Inc NYSE: CACI is a government services and information technology company that provides mission-focused solutions to U.S. defense, intelligence, and federal civilian agencies, as well as selected allied and partner governments. The company supports customers across the national security and government technology sectors.

Its capabilities include enterprise and mission information technology, artificial intelligence and data analytics, cybersecurity, intelligence analysis, electronic warfare, signals intelligence, surveillance and reconnaissance, communications, engineering, and other specialized technical services.

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