CACI International (NYSE:CACI) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

CACI International, Inc. (NYSE:CACI)’s share price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $548.11 and traded as high as $622.82. CACI International shares last traded at $601.0420, with a volume of 391,618 shares changing hands.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. UBS Group boosted their price objective on CACI International from $598.00 to $804.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Citigroup increased their target price on CACI International from $648.00 to $689.00 and gave the stock a “neutral” rating in a research note on Wednesday. TD Cowen dropped their price target on CACI International from $625.00 to $550.00 and set a “buy” rating for the company in a report on Tuesday, July 7th. Wells Fargo & Company restated an “overweight” rating and issued a $715.00 price target on shares of CACI International in a research note on Monday, August 10th. Finally, Weiss Ratings upgraded CACI International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, September 24th. Nine investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, CACI International presently has a consensus rating of “Moderate Buy” and a consensus target price of $700.36.

CACI International Price Performance

The company has a fifty day simple moving average of $618.54 and a two-hundred day simple moving average of $547.90. The stock has a market capitalization of $13.25 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 1.94 and a beta of 0.59. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.48 and a current ratio of 1.48.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, August 5th. The information technology services provider reported $8.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.39 by $1.52. The company had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.70 billion. CACI International had a return on equity of 15.65% and a net margin of 5.60%.CACI International’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the firm posted $8.40 EPS. CACI International has set its FY 2027 guidance at 32.960-33.860 EPS. As a group, equities research analysts expect that CACI International, Inc. will post 33.5 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Van Lanschot Kempen Investment Management N.V. lifted its stake in CACI International by 11.4% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 73,423 shares of the information technology services provider’s stock worth $39,121,000 after purchasing an additional 7,487 shares during the last quarter. Fort Washington Investment Advisors Inc. OH increased its stake in shares of CACI International by 24.5% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 50,702 shares of the information technology services provider’s stock valued at $27,575,000 after purchasing an additional 9,980 shares during the last quarter. California State Teachers Retirement System raised its holdings in shares of CACI International by 22.6% during the 1st quarter. California State Teachers Retirement System now owns 25,494 shares of the information technology services provider’s stock worth $13,865,000 after buying an additional 4,696 shares in the last quarter. Strs Ohio raised its holdings in shares of CACI International by 20.3% during the 1st quarter. Strs Ohio now owns 14,799 shares of the information technology services provider’s stock worth $8,049,000 after buying an additional 2,499 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of CACI International during the 1st quarter worth $5,384,000. 86.43% of the stock is owned by institutional investors.

CACI International Company Profile

CACI International Inc (NYSE: CACI) is a government services and information technology company that provides mission-focused solutions to U.S. defense, intelligence, and federal civilian agencies, as well as selected allied and partner governments. The company supports customers across the national security and government technology sectors.

Its capabilities include enterprise and mission information technology, artificial intelligence and data analytics, cybersecurity, intelligence analysis, electronic warfare, signals intelligence, surveillance and reconnaissance, communications, engineering, and other specialized technical services.