CACI International (NYSE:CACI) Rating Lowered to Hold at StockNews.com

CACI International (NYSE:CACI) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Monday.

A number of other brokerages also recently commented on CACI. Stifel Nicolaus upgraded CACI International from a “hold” rating to a “buy” rating and boosted their target price for the company from $365.00 to $380.00 in a research note on Friday, January 5th. Wells Fargo & Company increased their price target on shares of CACI International from $387.00 to $410.00 and gave the stock an “overweight” rating in a research note on Thursday, April 4th. Truist Financial upped their price objective on shares of CACI International from $385.00 to $410.00 and gave the stock a “buy” rating in a report on Tuesday, April 9th. JPMorgan Chase & Co. boosted their price target on CACI International from $375.00 to $383.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th. Finally, Robert W. Baird raised their price objective on CACI International from $370.00 to $464.00 and gave the company an “outperform” rating in a research note on Monday, April 8th. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, CACI International currently has an average rating of “Moderate Buy” and an average price target of $393.40.

CACI International Trading Down 0.8 %

CACI International stock traded down $3.11 during midday trading on Monday, reaching $364.63. The stock had a trading volume of 89,741 shares, compared to its average volume of 122,999. The firm’s fifty day simple moving average is $369.58 and its two-hundred day simple moving average is $341.94. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 1.32. CACI International has a twelve month low of $293.69 and a twelve month high of $382.65. The firm has a market cap of $8.12 billion, a price-to-earnings ratio of 22.09, a PEG ratio of 1.83 and a beta of 0.89.

CACI International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, January 24th. The information technology services provider reported $4.36 earnings per share for the quarter, missing the consensus estimate of $4.50 by ($0.14). The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.84 billion. CACI International had a net margin of 5.31% and a return on equity of 13.65%. The firm’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the firm posted $4.28 earnings per share. Equities analysts anticipate that CACI International will post 20.27 EPS for the current fiscal year.

Insider Transactions at CACI International

In related news, Director Gregory G. Johnson sold 150 shares of the firm’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the transaction, the director now directly owns 6,446 shares of the company’s stock, valued at $2,331,453.74. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Gregory G. Johnson sold 150 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the transaction, the director now owns 6,446 shares of the company’s stock, valued at $2,331,453.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP J William Koegel, Jr. sold 500 shares of CACI International stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total value of $188,740.00. Following the sale, the executive vice president now directly owns 23,385 shares in the company, valued at $8,827,369.80. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.

Institutional Investors Weigh In On CACI International

Large investors have recently made changes to their positions in the company. Zions Bancorporation N.A. boosted its holdings in shares of CACI International by 37.3% in the 1st quarter. Zions Bancorporation N.A. now owns 2,762 shares of the information technology services provider’s stock worth $832,000 after acquiring an additional 751 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in CACI International by 47.7% during the 1st quarter. Brown Brothers Harriman & Co. now owns 288 shares of the information technology services provider’s stock worth $87,000 after acquiring an additional 93 shares during the last quarter. Neuberger Berman Group LLC raised its stake in shares of CACI International by 43.8% in the first quarter. Neuberger Berman Group LLC now owns 1,911 shares of the information technology services provider’s stock worth $576,000 after acquiring an additional 582 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of CACI International by 435.5% during the second quarter. Captrust Financial Advisors now owns 4,943 shares of the information technology services provider’s stock worth $1,393,000 after purchasing an additional 4,020 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its stake in shares of CACI International by 0.9% during the third quarter. Public Employees Retirement System of Ohio now owns 13,625 shares of the information technology services provider’s stock valued at $3,557,000 after purchasing an additional 122 shares during the last quarter. Institutional investors own 86.43% of the company’s stock.

About CACI International

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.