Caci International Inc (CACI) Given Average Recommendation of “Buy” by Analysts
Shares of Caci International Inc (NYSE:CACI) have earned a consensus rating of “Buy” from the seventeen brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $192.08.
Several brokerages have recently issued reports on CACI. Zacks Investment Research lowered Caci International from a “buy” rating to a “hold” rating in a report on Wednesday, June 20th. Raymond James lifted their price target on Caci International from $183.00 to $199.00 and gave the company a “buy” rating in a report on Thursday, August 16th. Stifel Nicolaus lifted their price target on Caci International from $190.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, August 16th. Loop Capital lifted their price target on Caci International to $210.00 and gave the company a “buy” rating in a report on Thursday, August 16th. Finally, Seaport Global Securities reiterated a “buy” rating and set a $200.00 price target on shares of Caci International in a report on Friday, August 17th.
In related news, CFO Thomas A. Mutryn sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 21st. The stock was sold at an average price of $192.50, for a total value of $962,500.00. Following the completion of the sale, the chief financial officer now directly owns 32,555 shares in the company, valued at approximately $6,266,837.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Thomas A. Mutryn sold 4,995 shares of the business’s stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $196.00, for a total value of $979,020.00. Following the completion of the sale, the chief financial officer now owns 32,055 shares of the company’s stock, valued at $6,282,780. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,731 shares of company stock valued at $2,080,561. Corporate insiders own 1.44% of the company’s stock.
NYSE:CACI traded up $0.30 on Friday, hitting $184.25. 73,413 shares of the company’s stock traded hands, compared to its average volume of 151,027. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.73 and a quick ratio of 1.73. Caci International has a 1 year low of $121.60 and a 1 year high of $200.85. The stock has a market cap of $4.54 billion, a PE ratio of 23.55, a price-to-earnings-growth ratio of 1.94 and a beta of 1.53.
Caci International (NYSE:CACI) last released its earnings results on Wednesday, August 15th. The information technology services provider reported $2.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.78 by $0.27. Caci International had a return on equity of 9.91% and a net margin of 6.74%. The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the previous year, the business posted $1.76 EPS. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. equities research analysts anticipate that Caci International will post 9.49 earnings per share for the current year.
Caci International Company Profile
CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.
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