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CACI International Inc (NYSE:CACI - Get Rating) has received an average rating of "Moderate Buy" from the ten brokerages that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $323.00.
CACI has been the topic of a number of recent research reports. StockNews.com raised CACI International from a "hold" rating to a "buy" rating in a report on Tuesday, June 21st. Robert W. Baird initiated coverage on shares of CACI International in a research note on Wednesday, July 20th. They issued an "outperform" rating and a $335.00 price objective for the company. Barclays raised their price objective on shares of CACI International from $300.00 to $340.00 and gave the stock an "overweight" rating in a research note on Monday, April 25th. Finally, The Goldman Sachs Group downgraded shares of CACI International from a "buy" rating to a "neutral" rating and lifted their price target for the company from $304.00 to $336.00 in a research note on Wednesday, April 13th.
In other CACI International news, CFO Thomas A. Mutryn sold 3,089 shares of the company's stock in a transaction dated Tuesday, May 10th. The shares were sold at an average price of $260.00, for a total transaction of $803,140.00. Following the completion of the sale, the chief financial officer now directly owns 33,761 shares of the company's stock, valued at $8,777,860. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.56% of the stock is owned by corporate insiders.
Several institutional investors have recently modified their holdings of CACI. Yousif Capital Management LLC bought a new stake in shares of CACI International during the 4th quarter worth $3,387,000. SG Americas Securities LLC lifted its holdings in CACI International by 367.5% during the fourth quarter. SG Americas Securities LLC now owns 15,737 shares of the information technology services provider's stock worth $4,237,000 after acquiring an additional 12,371 shares during the period. Cibc World Markets Corp bought a new stake in shares of CACI International in the fourth quarter valued at $2,154,000. GW&K Investment Management LLC raised its stake in shares of CACI International by 12.9% in the first quarter. GW&K Investment Management LLC now owns 55,073 shares of the information technology services provider's stock valued at $16,591,000 after buying an additional 6,301 shares during the period. Finally, EAM Investors LLC purchased a new position in CACI International during the first quarter worth about $1,617,000. Institutional investors own 86.78% of the company's stock.
Shares of NYSE CACI opened at $286.21 on Monday. CACI International has a fifty-two week low of $238.29 and a fifty-two week high of $313.52. The stock has a fifty day moving average of $277.33 and a 200-day moving average of $278.05. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.29 and a current ratio of 1.29. The stock has a market cap of $6.70 billion, a PE ratio of 16.53, a price-to-earnings-growth ratio of 3.64 and a beta of 0.92.
CACI International (NYSE:CACI - Get Rating) last released its quarterly earnings results on Wednesday, April 27th. The information technology services provider reported $4.64 EPS for the quarter, missing analysts' consensus estimates of $4.79 by ($0.15). CACI International had a net margin of 6.71% and a return on equity of 16.52%. The business had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same period in the previous year, the company earned $5.28 EPS. The company's revenue for the quarter was up 2.1% on a year-over-year basis. Equities research analysts anticipate that CACI International will post 17.8 earnings per share for the current year.
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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 in two segments, Domestic Operations and International Operations.
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