CACI International (NYSE:CACI) Rating Increased to Outperform at William Blair

CACI International (NYSE:CACI - Get Free Report) was upgraded by investment analysts at William Blair from a "market perform" rating to an "outperform" rating in a research report issued on Monday, Marketbeat reports.

Other equities analysts also recently issued research reports about the company. Stifel Nicolaus initiated coverage on CACI International in a research report on Tuesday, June 24th. They set a "buy" rating and a $576.00 price objective on the stock. Barclays lifted their price objective on CACI International from $450.00 to $510.00 and gave the company an "overweight" rating in a research note on Tuesday, April 29th. UBS Group reiterated a "buy" rating on shares of CACI International in a report on Friday, April 25th. Jefferies Financial Group decreased their price target on CACI International from $520.00 to $455.00 and set a "buy" rating for the company in a report on Tuesday, March 25th. Finally, Cowen reaffirmed a "buy" rating on shares of CACI International in a report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $520.31.

CACI International Stock Down 3.0%

NYSE:CACI traded down $15.08 during mid-day trading on Monday, hitting $489.92. 294,365 shares of the company's stock traded hands, compared to its average volume of 307,029. The company has a fifty day moving average of $460.28 and a 200 day moving average of $415.86. CACI International has a twelve month low of $318.60 and a twelve month high of $588.26. The company has a market capitalization of $10.77 billion, a P/E ratio of 23.12, a P/E/G ratio of 1.32 and a beta of 0.66. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.58 and a current ratio of 1.58.

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 for the quarter, beating analysts' consensus estimates of $5.53 by $0.70. The business had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.13 billion. CACI International had a return on equity of 15.23% and a net margin of 5.70%. The company's revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the company earned $5.74 earnings per share. On average, analysts forecast that CACI International will post 23.94 EPS for the current year.

Institutional Investors Weigh In On CACI International

Institutional investors and hedge funds have recently modified their holdings of the company. Wayfinding Financial LLC purchased a new position in shares of CACI International during the 1st quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in CACI International by 180.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 140 shares of the information technology services provider's stock valued at $67,000 after purchasing an additional 90 shares in the last quarter. VSM Wealth Advisory LLC acquired a new stake in CACI International in the 4th quarter valued at $69,000. Jones Financial Companies Lllp increased its holdings in CACI International by 452.8% in the 4th quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider's stock valued at $80,000 after purchasing an additional 163 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC increased its holdings in CACI International by 528.6% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 264 shares of the information technology services provider's stock valued at $97,000 after purchasing an additional 222 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company's stock.

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.