CACI International (NYSE:CACI) Receives “Outperform” Rating from Raymond James

Raymond James reiterated their outperform rating on shares of CACI International (NYSE:CACI) in a report released on Thursday,Benzinga reports. They currently have a $490.00 target price on the information technology services provider’s stock, up from their prior target price of $475.00.

A number of other equities analysts also recently commented on CACI. JPMorgan Chase & Co. increased their price objective on CACI International from $520.00 to $555.00 and gave the stock an “overweight” rating in a report on Wednesday, October 2nd. Jefferies Financial Group raised shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price for the company in a research report on Thursday, January 16th. TD Cowen cut their price target on shares of CACI International from $610.00 to $480.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. UBS Group began coverage on shares of CACI International in a research note on Monday, December 2nd. They issued a “buy” rating and a $557.00 price objective for the company. Finally, StockNews.com raised shares of CACI International from a “hold” rating to a “buy” rating in a research report on Friday, January 17th. One investment analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $522.75.

CACI International Trading Down 9.4 %

Shares of NYSE:CACI opened at $421.59 on Thursday. The firm has a fifty day moving average of $434.84 and a two-hundred day moving average of $471.18. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.48. CACI International has a 12-month low of $326.60 and a 12-month high of $588.26. The firm has a market capitalization of $9.45 billion, a P/E ratio of 20.89, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87.

CACI International (NYSE:CACI) last released its quarterly earnings data on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.28 by $0.67. CACI International had a return on equity of 14.78% and a net margin of 5.77%. On average, equities analysts expect that CACI International will post 23.92 EPS for the current fiscal year.

Hedge Funds Weigh In On CACI International

A number of institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC boosted its stake in CACI International by 5.0% during the 3rd quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock valued at $243,386,000 after purchasing an additional 22,823 shares during the period. Van ECK Associates Corp boosted its position in shares of CACI International by 42.5% in the third quarter. Van ECK Associates Corp now owns 116,231 shares of the information technology services provider’s stock valued at $60,917,000 after acquiring an additional 34,647 shares during the period. Segall Bryant & Hamill LLC grew its stake in shares of CACI International by 3.7% in the third quarter. Segall Bryant & Hamill LLC now owns 67,740 shares of the information technology services provider’s stock worth $34,179,000 after acquiring an additional 2,396 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of CACI International by 37.1% in the third quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock worth $29,745,000 after acquiring an additional 15,961 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its position in CACI International by 36.4% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock worth $21,417,000 after acquiring an additional 14,141 shares during the period. 86.43% of the stock is currently owned by institutional investors.

About CACI International

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.