CACI International (NYSE:CACI) Sets New 12-Month High at $382.65

CACI International Inc (NYSE:CACI) hit a new 52-week high on Thursday . The stock traded as high as $382.65 and last traded at $380.29, with a volume of 21299 shares changing hands. The stock had previously closed at $378.89.

Analyst Ratings Changes

Several research firms have recently issued reports on CACI. Jefferies Financial Group lowered CACI International from a “buy” rating to a “hold” rating and reduced their price target for the stock from $375.00 to $350.00 in a research report on Wednesday, January 3rd. StockNews.com upgraded CACI International from a “hold” rating to a “buy” rating in a research note on Wednesday, March 6th. JPMorgan Chase & Co. lifted their target price on CACI International from $375.00 to $383.00 and gave the company an “overweight” rating in a research report on Tuesday, February 6th. Finally, Stifel Nicolaus upgraded shares of CACI International from a “hold” rating to a “buy” rating and increased their price target for the company from $365.00 to $380.00 in a research note on Friday, January 5th. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $377.33.

CACI International Trading Down 0.0 %

The company has a debt-to-equity ratio of 0.53, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market cap of $8.44 billion, a price-to-earnings ratio of 23.03, a price-to-earnings-growth ratio of 1.86 and a beta of 0.89. The business’s fifty day moving average price is $361.72 and its 200 day moving average price is $336.70.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, January 24th. The information technology services provider reported $4.36 EPS for the quarter, missing the consensus estimate of $4.50 by ($0.14). CACI International had a net margin of 5.31% and a return on equity of 13.65%. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter in the previous year, the company earned $4.28 earnings per share. The business’s revenue was up 11.2% on a year-over-year basis. Research analysts anticipate that CACI International Inc will post 20.32 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP J William Koegel, Jr. sold 500 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total transaction of $188,740.00. Following the transaction, the executive vice president now owns 23,385 shares in the company, valued at $8,827,369.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other CACI International news, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction on Monday, February 12th. The shares were sold at an average price of $361.69, for a total transaction of $54,253.50. Following the transaction, the director now directly owns 6,446 shares of the company’s stock, valued at approximately $2,331,453.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP J William Koegel, Jr. sold 500 shares of the company’s 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 completion of the transaction, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The disclosure for this sale can be found here. 1.23% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CACI International

Several institutional investors and hedge funds have recently bought and sold shares of CACI. Vestor Capital LLC lifted its position in shares of CACI International by 38,049.2% during the second quarter. Vestor Capital LLC now owns 91,558 shares of the information technology services provider’s stock worth $31,207,000 after acquiring an additional 91,318 shares in the last quarter. Fort Washington Investment Advisors Inc. OH purchased a new stake in CACI International during the 4th quarter worth about $18,360,000. Port Capital LLC boosted its stake in CACI International by 203.0% in the 2nd quarter. Port Capital LLC now owns 83,475 shares of the information technology services provider’s stock worth $28,452,000 after purchasing an additional 55,925 shares during the period. Segall Bryant & Hamill LLC grew its holdings in CACI International by 2,850.9% during the 1st quarter. Segall Bryant & Hamill LLC now owns 50,165 shares of the information technology services provider’s stock valued at $14,862,000 after buying an additional 48,465 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in CACI International by 15.2% during the 1st quarter. Geode Capital Management LLC now owns 366,123 shares of the information technology services provider’s stock valued at $108,475,000 after buying an additional 48,439 shares in the last quarter. 86.43% of the stock is owned by institutional investors.

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.