Truist Financial Issues Positive Forecast for CACI International (NYSE:CACI) Stock Price

CACI International (NYSE:CACI - Free Report) had its target price increased by Truist Financial from $525.00 to $550.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the information technology services provider's stock.

Other equities research analysts have also recently issued research reports about the stock. UBS Group reaffirmed a "buy" rating on shares of CACI International in a report on Friday, April 25th. Raymond James Financial reaffirmed a "market perform" rating on shares of CACI International in a report on Tuesday, July 8th. William Blair raised shares of CACI International from a "market perform" rating to an "outperform" rating in a report on Monday, July 7th. Cowen reaffirmed a "buy" rating on shares of CACI International in a report on Monday, April 28th. Finally, Stifel Nicolaus initiated coverage on CACI International in a research note on Tuesday, June 24th. They issued a "buy" rating and a $576.00 target price on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $522.23.

CACI International Stock Performance

Shares of NYSE CACI traded down $16.89 during midday trading on Thursday, reaching $462.96. The company's stock had a trading volume of 308,547 shares, compared to its average volume of 429,862. CACI International has a 12-month low of $318.60 and a 12-month high of $588.26. The firm has a 50 day moving average price of $463.86 and a 200-day moving average price of $422.86. The stock has a market capitalization of $10.18 billion, a P/E ratio of 21.85, a PEG ratio of 1.26 and a beta of 0.66. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.58 and a quick ratio of 1.58.

Institutional Trading of CACI International

Several institutional investors have recently added to or reduced their stakes in CACI. Geode Capital Management LLC raised its stake in CACI International by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 490,941 shares of the information technology services provider's stock worth $198,417,000 after buying an additional 8,667 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its position in CACI International by 15.5% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 200,214 shares of the information technology services provider's stock valued at $73,463,000 after buying an additional 26,804 shares in the last quarter. GAMMA Investing LLC increased its position in CACI International by 91,931.1% during the 1st quarter. GAMMA Investing LLC now owns 112,278 shares of the information technology services provider's stock valued at $41,197,000 after buying an additional 112,156 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its position in shares of CACI International by 36.3% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 90,078 shares of the information technology services provider's stock valued at $33,051,000 after acquiring an additional 24,010 shares in the last quarter. Finally, Sterling Capital Management LLC increased its position in shares of CACI International by 256.0% during the fourth quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider's stock valued at $30,187,000 after acquiring an additional 53,724 shares in the last quarter. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

About CACI International

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.