CACI International (NYSE:CACI) Price Target Raised to $536.00

CACI International (NYSE:CACI) had its target price hoisted by equities research analysts at Wells Fargo & Company from $503.00 to $536.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the information technology services provider’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 32.03% from the company’s current price.

A number of other brokerages also recently commented on CACI. Truist Financial lowered their price target on shares of CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a report on Friday, November 22nd. Robert W. Baird reaffirmed an “outperform” rating and issued a $640.00 price objective on shares of CACI International in a research note on Tuesday, December 17th. The Goldman Sachs Group downgraded CACI International from a “neutral” rating to a “sell” rating and cut their target price for the company from $540.00 to $373.00 in a research report on Thursday, December 12th. JPMorgan Chase & Co. raised their price target on CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 2nd. Finally, UBS Group initiated coverage on shares of CACI International in a research note on Monday, December 2nd. They issued a “buy” rating and a $557.00 target price on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $525.50.

CACI International Stock Down 3.7 %

CACI opened at $405.96 on Friday. CACI International has a 52 week low of $326.60 and a 52 week high of $588.26. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. The firm has a 50-day simple moving average of $433.55 and a two-hundred day simple moving average of $471.35. The company has a market capitalization of $9.10 billion, a PE ratio of 19.04, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a return on equity of 15.53% and a net margin of 5.90%. Analysts forecast that CACI International will post 23.92 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its stake in shares of CACI International by 5.0% during the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after purchasing an additional 22,823 shares in the last quarter. Van ECK Associates Corp boosted its position in CACI International by 42.5% during the 3rd quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock valued at $60,917,000 after acquiring an additional 34,647 shares in the last quarter. Segall Bryant & Hamill LLC increased its holdings in shares of CACI International by 3.7% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock valued at $34,179,000 after acquiring an additional 2,396 shares during the period. BNP Paribas Financial Markets raised its position in shares of CACI International by 37.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock worth $29,745,000 after acquiring an additional 15,961 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH lifted its stake in shares of CACI International by 36.4% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock worth $21,417,000 after purchasing an additional 14,141 shares during the last quarter. Hedge funds and other institutional investors 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.