CACI International (NYSE:CACI) Price Target Raised to $425.00 at The Goldman Sachs Group

CACI International (NYSE:CACI) had its price target increased by The Goldman Sachs Group from $379.00 to $425.00 in a research note issued on Tuesday, Benzinga reports. The firm presently has a “neutral” rating on the information technology services provider’s stock. The Goldman Sachs Group’s price target suggests a potential upside of 16.29% from the stock’s current price.

A number of other equities analysts also recently issued reports on CACI. Jefferies Financial Group downgraded CACI International from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $375.00 to $350.00 in a report on Wednesday, January 3rd. Stifel Nicolaus raised CACI International from a “hold” rating to a “buy” rating and increased their target price for the stock from $365.00 to $380.00 in a research note on Friday, January 5th. Truist Financial increased their target price on CACI International from $385.00 to $410.00 and gave the stock a “buy” rating in a research note on Tuesday, April 9th. StockNews.com cut CACI International from a “buy” rating to a “hold” rating in a research note on Monday. Finally, JPMorgan Chase & Co. increased their price objective on CACI International from $375.00 to $383.00 and gave the company an “overweight” rating in a research report on Tuesday, February 6th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $396.27.

CACI International Trading Up 0.2 %

CACI stock traded up $0.63 during midday trading on Tuesday, hitting $365.47. The company had a trading volume of 5,124 shares, compared to its average volume of 121,348. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.53. CACI International has a 52 week low of $293.69 and a 52 week high of $382.65. The stock’s 50 day moving average price is $369.58 and its 200 day moving average price is $341.94. The stock has a market cap of $8.14 billion, a price-to-earnings ratio of 22.09, a PEG ratio of 1.83 and a beta of 0.89.

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 analysts’ consensus estimates of $4.50 by ($0.14). The business had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.84 billion. CACI International had a net margin of 5.31% and a return on equity of 13.65%. CACI International’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.28 EPS. As a group, equities research analysts expect that CACI International will post 20.27 earnings per share for the current fiscal year.

Insider Buying and Selling at CACI International

In other CACI International news, EVP J William Koegel, Jr. sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $377.48, for a total transaction of $188,740.00. Following the completion of the transaction, the executive vice president now owns 23,385 shares in the company, valued at approximately $8,827,369.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Gregory G. Johnson sold 150 shares of CACI International stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $361.69, for a total value of $54,253.50. Following the completion of the transaction, the director now owns 6,446 shares in the company, valued at approximately $2,331,453.74. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP J William Koegel, Jr. sold 500 shares of the business’s stock in a transaction 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 transaction, the executive vice president now owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CACI International

A number of large investors have recently bought and sold shares of CACI. Running Oak Capital LLC raised its position in CACI International by 10.6% during the 1st quarter. Running Oak Capital LLC now owns 30,101 shares of the information technology services provider’s stock valued at $11,403,000 after purchasing an additional 2,883 shares in the last quarter. M&R Capital Management Inc. bought a new stake in CACI International during the 1st quarter valued at $1,092,000. Sanibel Captiva Trust Company Inc. bought a new stake in CACI International during the 4th quarter valued at $324,000. Public Employees Retirement System of Ohio raised its position in CACI International by 0.4% during the 4th quarter. Public Employees Retirement System of Ohio now owns 10,306 shares of the information technology services provider’s stock valued at $3,338,000 after purchasing an additional 37 shares in the last quarter. Finally, Port Capital LLC raised its position in shares of CACI International by 17.2% in the 4th quarter. Port Capital LLC now owns 99,261 shares of the information technology services provider’s stock worth $32,147,000 after acquiring an additional 14,586 shares in the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.

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.