CACI International, Inc. (CACI) Earns “Buy” Rating from Stifel Nicolaus
Stifel Nicolaus reiterated their buy rating on shares of CACI International, Inc. (NYSE:CACI) in a research report report published on Tuesday, MarketBeat.com reports. The brokerage currently has a $151.00 price target on the information technology services provider’s stock.
A number of other research analysts have also weighed in on the company. BidaskClub lowered CACI International from a hold rating to a sell rating in a report on Tuesday, November 14th. Noble Financial reissued a buy rating on shares of CACI International in a report on Monday, November 13th. B. Riley reissued a neutral rating on shares of CACI International in a report on Friday, November 3rd. Zacks Investment Research lowered CACI International from a hold rating to a sell rating in a report on Friday, November 3rd. Finally, Wells Fargo & Company raised CACI International from a market perform rating to an outperform rating and set a $158.00 price objective on the stock in a report on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $147.00.
CACI International (NYSE:CACI) opened at $127.90 on Tuesday. CACI International has a 1 year low of $112.10 and a 1 year high of $147.31. The stock has a market capitalization of $3,149.04, a PE ratio of 19.00, a P/E/G ratio of 1.85 and a beta of 1.61. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.53 and a current ratio of 1.53.
CACI International (NYSE:CACI) last announced its earnings results on Wednesday, November 1st. The information technology services provider reported $1.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.52 by $0.15. CACI International had a return on equity of 9.57% and a net margin of 3.87%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the prior year, the company posted $1.47 EPS. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. equities analysts predict that CACI International will post 6.91 earnings per share for the current fiscal year.
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In related news, CFO Thomas A. Mutryn sold 6,165 shares of the firm’s stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $131.28, for a total transaction of $809,341.20. Following the sale, the chief financial officer now directly owns 37,555 shares of the company’s stock, valued at $4,930,220.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Charles P. Revoile sold 750 shares of the firm’s stock in a transaction dated Friday, September 15th. The stock was sold at an average price of $127.28, for a total value of $95,460.00. Following the sale, the director now directly owns 31,583 shares in the company, valued at $4,019,884.24. The disclosure for this sale can be found here. Insiders sold 7,406 shares of company stock worth $966,190 over the last three months. Corporate insiders own 1.44% of the company’s stock.
Institutional investors have recently bought and sold shares of the stock. Prudential PLC grew its holdings 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 worth $26,698,000 after acquiring an additional 53,800 shares during the period. Cardinal Capital Management grew its holdings in CACI International by 12.3% during the second quarter. Cardinal Capital Management now owns 5,749 shares of the information technology services provider’s stock worth $719,000 after acquiring an additional 631 shares during the period. First Quadrant L P CA grew its holdings in CACI International by 26.4% during the second quarter. First Quadrant L P CA now owns 13,782 shares of the information technology services provider’s stock worth $1,723,000 after acquiring an additional 2,882 shares during the period. Nationwide Fund Advisors grew its holdings in CACI International by 3.2% during the second quarter. Nationwide Fund Advisors now owns 52,461 shares of the information technology services provider’s stock worth $6,560,000 after acquiring an additional 1,613 shares during the period. Finally, Piedmont Investment Advisors LLC acquired a new stake in CACI International during the second quarter worth about $661,000. 86.97% of the stock is currently owned by hedge funds and other institutional investors.
About CACI International
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.
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