Cowen and Company restated their buy rating on shares of CACI International, Inc. (NYSE:CACI) in a report released on Thursday. They currently have a $152.00 price objective on the information technology services provider’s stock.

Several other brokerages also recently issued reports on CACI. Noble Financial restated a buy rating on shares of CACI International in a research report on Saturday, June 24th. Seaport Global Securities restated a buy rating and set a $152.00 price objective (up from $140.00) on shares of CACI International in a research report on Monday, October 9th. ValuEngine upgraded shares of CACI International from a hold rating to a buy rating in a research report on Friday, September 1st. Jefferies Group LLC upgraded shares of CACI International from a hold rating to a buy rating and set a $154.00 price objective for the company in a research report on Monday, July 17th. Finally, BidaskClub downgraded shares of CACI International from a hold rating to a sell rating in a research report on Thursday, September 14th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of $130.44.

CACI International (CACI) opened at 143.50 on Thursday. The firm has a market cap of $3.51 billion, a PE ratio of 21.98 and a beta of 1.61. CACI International has a 52-week low of $96.05 and a 52-week high of $144.25. The company’s 50 day moving average price is $135.34 and its 200 day moving average price is $126.38.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, August 16th. The information technology services provider reported $1.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.68 by $0.08. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.09 billion. CACI International had a net margin of 3.76% and a return on equity of 9.52%. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the business posted $1.75 earnings per share. Analysts predict that CACI International will post $6.78 earnings per share for the current fiscal year.

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In other news, Director Warren R. Phillips sold 400 shares of CACI International stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $125.30, for a total value of $50,120.00. Following the completion of the sale, the director now directly owns 5,344 shares in the company, valued at $669,603.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Thomas A. Mutryn sold 6,165 shares of CACI International stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $131.28, for a total transaction of $809,341.20. Following the completion of the sale, the chief financial officer now owns 37,555 shares of the company’s stock, valued at $4,930,220.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 7,806 shares of company stock valued at $1,016,596. 1.15% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Phocas Financial Corp. raised its position in CACI International by 39.2% during the second quarter. Phocas Financial Corp. now owns 83,331 shares of the information technology services provider’s stock valued at $10,421,000 after purchasing an additional 23,456 shares in the last quarter. Piedmont Investment Advisors LLC acquired a new position in CACI International during the second quarter valued at approximately $661,000. State Street Corp raised its position in CACI International by 3.6% during the second quarter. State Street Corp now owns 601,924 shares of the information technology services provider’s stock valued at $75,282,000 after purchasing an additional 21,125 shares in the last quarter. Prudential PLC raised its position in CACI International by 33.7% during the second quarter. Prudential PLC now owns 213,500 shares of the information technology services provider’s stock valued at $26,698,000 after purchasing an additional 53,800 shares in the last quarter. Finally, Miles Capital Inc. acquired a new position in CACI International during the second quarter valued at approximately $211,000. Institutional investors and hedge funds own 88.87% of the company’s stock.

CACI International Company Profile

CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.

Analyst Recommendations for CACI International (NYSE:CACI)

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