CACI International Inc (NYSE:CACI) Short Interest Update

CACI International Inc (NYSE:CACI) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 1,020,000 shares, a growth of 28.4% from the January 31st total of 794,600 shares. Currently, 4.6% of the shares of the stock are sold short. Based on an average daily volume of 368,700 shares, the days-to-cover ratio is currently 2.8 days.

CACI International Price Performance

CACI stock traded down $8.16 during mid-day trading on Thursday, hitting $354.71. The company had a trading volume of 334,272 shares, compared to its average volume of 195,457. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.80. CACI International has a 12-month low of $318.60 and a 12-month high of $588.26. The company has a market capitalization of $7.95 billion, a price-to-earnings ratio of 16.60, a P/E/G ratio of 1.01 and a beta of 0.88. The company has a 50-day moving average price of $389.93 and a 200 day moving average price of $453.80.

CACI International (NYSE:CACI) last issued its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. On average, research analysts anticipate that CACI International will post 23.94 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently weighed in on CACI shares. StockNews.com cut shares of CACI International from a “buy” rating to a “hold” rating in a research report on Saturday, January 25th. Truist Financial decreased their price target on shares of CACI International from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. Robert W. Baird reiterated an “outperform” rating and issued a $640.00 price target on shares of CACI International in a research note on Tuesday, December 17th. The Goldman Sachs Group downgraded shares of CACI International from a “neutral” rating to a “sell” rating and decreased their target price for the company from $540.00 to $373.00 in a research note on Thursday, December 12th. Finally, Wells Fargo & Company cut their price target on CACI International from $536.00 to $480.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $521.92.

Institutional Trading of CACI International

Several hedge funds and other institutional investors have recently bought and sold shares of CACI. Sterling Capital Management LLC lifted its stake in shares of CACI International by 256.0% during the 4th quarter. Sterling Capital Management LLC now owns 74,708 shares of the information technology services provider’s stock worth $30,187,000 after purchasing an additional 53,724 shares during the last quarter. Van ECK Associates Corp raised its holdings in CACI International by 35.2% in the fourth quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock worth $63,477,000 after purchasing an additional 40,867 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of CACI International by 5.0% during the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after buying an additional 22,823 shares during the last quarter. River Road Asset Management LLC purchased a new stake in shares of CACI International during the fourth quarter valued at about $8,585,000. Finally, Russell Investments Group Ltd. boosted its holdings in shares of CACI International by 51.9% in the 4th quarter. Russell Investments Group Ltd. now owns 46,919 shares of the information technology services provider’s stock valued at $18,936,000 after buying an additional 16,037 shares in the last quarter. Institutional investors own 86.43% of the company’s stock.

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.