CACI International (NYSE:CACI) Price Target Raised to $550.00 at Truist Financial

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

Several other equities research analysts have also commented on CACI. Raymond James Financial restated a "market perform" rating on shares of CACI International in a research report on Tuesday, July 8th. William Blair upgraded shares of CACI International from a "market perform" rating to an "outperform" rating in a research report on Monday, July 7th. UBS Group restated a "buy" rating on shares of CACI International in a research report on Friday, April 25th. Barclays boosted their target price on shares of CACI International from $450.00 to $510.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 29th. Finally, Stifel Nicolaus assumed coverage on shares of CACI International in a research report on Tuesday, June 24th. They set 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 assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $522.23.

CACI International Stock Performance

CACI traded up $1.26 during trading on Thursday, hitting $479.26. The stock had a trading volume of 145,367 shares, compared to its average volume of 228,333. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.58 and a current ratio of 1.58. The firm has a market capitalization of $10.54 billion, a P/E ratio of 22.62, a PEG ratio of 1.25 and a beta of 0.66. The company's 50-day moving average price is $463.86 and its 200 day moving average price is $422.76. CACI International has a twelve month low of $318.60 and a twelve month high of $588.26.

CACI International (NYSE:CACI - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.53 by $0.70. The company had revenue of $2.17 billion for the quarter, compared to analysts' expectations of $2.13 billion. CACI International had a net margin of 5.70% and a return on equity of 15.23%. CACI International's revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the company posted $5.74 EPS. On average, equities research analysts forecast that CACI International will post 23.94 EPS for the current fiscal year.

Institutional Investors Weigh In On CACI International

Several institutional investors and hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC lifted its holdings in CACI International by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 490,941 shares of the information technology services provider's stock valued at $198,417,000 after purchasing an additional 8,667 shares in the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in CACI International by 15.5% in 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 purchasing an additional 26,804 shares in the last quarter. GAMMA Investing LLC lifted its holdings in CACI International by 91,931.1% in 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 purchasing an additional 112,156 shares in the last quarter. Vaughan Nelson Investment Management L.P. lifted its holdings in CACI International by 36.3% in the 1st 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 purchasing an additional 24,010 shares in the last quarter. Finally, Sterling Capital Management LLC lifted its holdings in CACI International by 256.0% in the 4th quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider's stock valued at $30,187,000 after purchasing an additional 53,724 shares in the last quarter. 86.43% of the stock is currently owned by hedge funds and other institutional investors.

CACI International Company Profile

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.