CACI International (NYSE:CACI) Coverage Initiated by Analysts at UBS Group

UBS Group assumed coverage on shares of CACI International (NYSE:CACI) in a research report sent to investors on Monday, MarketBeat.com reports. The brokerage issued a buy rating and a $557.00 price target on the information technology services provider’s stock.

Several other equities research analysts have also recently weighed in on CACI. Raymond James cut CACI International from an “outperform” rating to a “market perform” rating in a research note on Monday, August 5th. The Goldman Sachs Group upped their target price on CACI International from $471.00 to $520.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. TD Cowen upped their target price on CACI International from $545.00 to $570.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Wells Fargo & Company cut their target price on CACI International from $637.00 to $564.00 and set an “overweight” rating for the company in a research note on Tuesday, November 26th. Finally, JPMorgan Chase & Co. increased their price target on CACI International from $520.00 to $555.00 and gave the company an “overweight” rating in a research note on Wednesday, October 2nd. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $537.82.

CACI International Trading Up 0.0 %

Shares of NYSE:CACI opened at $453.99 on Monday. The company has a market capitalization of $10.17 billion, a P/E ratio of 22.49, a P/E/G ratio of 1.42 and a beta of 0.85. CACI International has a 1 year low of $314.06 and a 1 year high of $588.26. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. The business’s 50 day simple moving average is $513.59 and its 200 day simple moving average is $472.16.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.08 by $0.85. The business had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a return on equity of 14.78% and a net margin of 5.77%. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.36 earnings per share. On average, research analysts anticipate that CACI International will post 23.45 EPS for the current fiscal year.

Insiders Place Their Bets

In other CACI International news, insider Gregory R. Bradford sold 10,000 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $492.41, for a total transaction of $4,924,100.00. Following the completion of the sale, the insider now directly owns 35,538 shares in the company, valued at approximately $17,499,266.58. This trade represents a 21.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.35% of the company’s stock.

Institutional Trading of CACI International

Several large investors have recently made changes to their positions in CACI. Comerica Bank grew its stake in shares of CACI International by 13.4% in the 1st quarter. Comerica Bank now owns 11,609 shares of the information technology services provider’s stock valued at $4,398,000 after buying an additional 1,372 shares during the period. GPS Wealth Strategies Group LLC grew its stake in shares of CACI International by 35.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 404 shares of the information technology services provider’s stock valued at $174,000 after buying an additional 105 shares during the period. Wedge Capital Management L L P NC grew its stake in shares of CACI International by 6.4% in the 2nd quarter. Wedge Capital Management L L P NC now owns 6,866 shares of the information technology services provider’s stock valued at $2,953,000 after buying an additional 410 shares during the period. Fifth Third Wealth Advisors LLC acquired a new stake in shares of CACI International in the 2nd quarter valued at about $318,000. Finally, Van ECK Associates Corp grew its stake in shares of CACI International by 70.0% in the 2nd quarter. Van ECK Associates Corp now owns 81,584 shares of the information technology services provider’s stock valued at $35,092,000 after buying an additional 33,589 shares during the period. 86.43% of the stock is currently owned by institutional investors and hedge funds.

CACI International Company Profile

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.