Noble Financial downgraded shares of CACI International (NYSE:CACI) to a hold rating in a research report released on Friday, February 2nd, The Fly reports. The analysts noted that the move was a valuation call.
CACI has been the subject of a number of other research reports. Cowen reiterated a buy rating and set a $152.00 price objective on shares of CACI International in a research note on Thursday, October 12th. Zacks Investment Research upgraded CACI International from a hold rating to a buy rating and set a $154.00 price objective for the company in a research note on Wednesday, January 10th. Loop Capital raised their target price on CACI International to $140.00 in a research report on Wednesday, January 3rd. Jefferies Group restated a buy rating and set a $154.00 target price on shares of CACI International in a research report on Tuesday, October 24th. Finally, Stifel Nicolaus restated a buy rating and set a $151.00 target price on shares of CACI International in a research report on Tuesday, November 21st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of $152.55.
CACI International (CACI) opened at $147.10 on Friday. The firm has a market capitalization of $3,545.19, a PE ratio of 13.45, a price-to-earnings-growth ratio of 1.29 and a beta of 1.63. CACI International has a 52 week low of $112.10 and a 52 week high of $159.40. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.55 and a current ratio of 1.55.
CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, January 31st. The information technology services provider reported $2.00 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.29 by ($0.29). The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. CACI International had a net margin of 6.13% and a return on equity of 9.64%. The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.69 EPS. equities research analysts expect that CACI International will post 11.14 earnings per share for the current fiscal year.
In related news, Director J Phillip London sold 11,161 shares of CACI International stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $145.00, for a total value of $1,618,345.00. Following the sale, the director now directly owns 75,000 shares in the company, valued at approximately $10,875,000. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Thomas A. Mutryn sold 4,743 shares of CACI International stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $150.00, for a total value of $711,450.00. Following the completion of the sale, the chief financial officer now owns 37,555 shares in the company, valued at $5,633,250. The disclosure for this sale can be found here. Insiders have sold a total of 15,995 shares of company stock worth $2,341,084 over the last 90 days. Insiders own 1.44% of the company’s stock.
Institutional investors have recently modified their holdings of the company. Public Employees Retirement Association of Colorado acquired a new position in shares of CACI International during the 4th quarter worth approximately $207,000. Alps Advisors Inc. purchased a new stake in shares of CACI International during the 4th quarter valued at approximately $212,000. Bessemer Group Inc. purchased a new stake in shares of CACI International during the 4th quarter valued at approximately $225,000. Wedge Capital Management L L P NC raised its position in shares of CACI International by 18.3% during the 4th quarter. Wedge Capital Management L L P NC now owns 3,165 shares of the information technology services provider’s stock valued at $419,000 after buying an additional 490 shares during the period. Finally, Amalgamated Bank raised its position in shares of CACI International by 1.4% during the 2nd quarter. Amalgamated Bank now owns 3,341 shares of the information technology services provider’s stock valued at $418,000 after buying an additional 47 shares during the period. Institutional investors and hedge funds own 88.27% of the company’s stock.
CACI International Company Profile
CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.
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