ValuEngine upgraded shares of Caci International (NYSE:CACI) from a hold rating to a buy rating in a research report report published on Monday, February 4th.
A number of other research analysts have also commented on CACI. Loop Capital set a $220.00 price target on Caci International and gave the company a buy rating in a research report on Thursday, November 1st. Citigroup lowered their price target on Caci International from $205.00 to $185.00 and set a buy rating for the company in a research report on Monday, January 14th. Wells Fargo & Co set a $210.00 price target on Caci International and gave the company a buy rating in a research report on Thursday, November 1st. Drexel Hamilton reaffirmed a buy rating and set a $205.00 price target on shares of Caci International in a research report on Monday, November 12th. Finally, Cowen reaffirmed a buy rating and set a $190.00 price target on shares of Caci International in a research report on Sunday, February 3rd. Five analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of $195.08.
Shares of CACI traded up $2.05 during midday trading on Monday, reaching $184.31. The stock had a trading volume of 89,784 shares, compared to its average volume of 188,791. Caci International has a 12-month low of $138.39 and a 12-month high of $200.85. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $4.57 billion, a P/E ratio of 23.51, a PEG ratio of 1.78 and a beta of 1.54.
Caci International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, January 30th. The information technology services provider reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.28 by $0.43. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Caci International had a return on equity of 11.74% and a net margin of 5.68%. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the prior year, the business earned $2.38 EPS. On average, equities research analysts predict that Caci International will post 10.34 EPS for the current year.
In other news, Director Warren R. Phillips sold 335 shares of the firm’s stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $181.09, for a total value of $60,665.15. Following the transaction, the director now directly owns 6,060 shares in the company, valued at approximately $1,097,405.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.51% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Municipal Employees Retirement System of Michigan bought a new stake in Caci International during the fourth quarter valued at about $1,092,000. Metropolitan Life Insurance Co. NY raised its holdings in Caci International by 745.7% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 14,360 shares of the information technology services provider’s stock valued at $2,068,000 after acquiring an additional 12,662 shares during the period. MetLife Investment Advisors LLC raised its holdings in Caci International by 54.0% during the fourth quarter. MetLife Investment Advisors LLC now owns 25,698 shares of the information technology services provider’s stock valued at $3,701,000 after acquiring an additional 9,014 shares during the period. Paloma Partners Management Co bought a new stake in Caci International during the fourth quarter valued at about $260,000. Finally, American International Group Inc. raised its holdings in Caci International by 243.7% during the fourth quarter. American International Group Inc. now owns 66,375 shares of the information technology services provider’s stock valued at $9,560,000 after acquiring an additional 47,065 shares during the period. Institutional investors own 87.65% of the company’s stock.
Caci International Company Profile
CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.
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