Analysts Set Caci International Inc (CACI) PT at $195.60

Caci International Inc (NYSE:CACI) has received a consensus recommendation of “Buy” from the sixteen analysts that are presently covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $195.60.

Several research analysts have commented on the company. Drexel Hamilton reaffirmed a “buy” rating and set a $205.00 target price on shares of Caci International in a report on Wednesday, December 19th. Zacks Investment Research raised Caci International from a “hold” rating to a “buy” rating and set a $166.00 target price on the stock in a report on Tuesday, January 15th. Citigroup cut their target price on Caci International from $205.00 to $185.00 and set a “buy” rating on the stock in a report on Monday, January 14th. Wells Fargo & Co reissued a “buy” rating on shares of Caci International in a research report on Friday, March 1st. Finally, ValuEngine raised Caci International from a “hold” rating to a “buy” rating in a research report on Monday, February 4th.

In related news, Director James Gilmore III sold 269 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $181.49, for a total value of $48,820.81. Following the completion of the sale, the director now directly owns 13,817 shares of the company’s stock, valued at approximately $2,507,647.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Warren R. Phillips sold 335 shares of the business’s stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $181.09, for a total value of $60,665.15. Following the completion of the sale, the director now directly owns 6,060 shares of the company’s stock, valued at $1,097,405.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,171 shares of company stock valued at $212,167. Corporate insiders own 1.51% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its stake in Caci International by 5.6% in the fourth quarter. Bank of New York Mellon Corp now owns 574,384 shares of the information technology services provider’s stock valued at $82,728,000 after purchasing an additional 30,363 shares during the last quarter. Norges Bank bought a new stake in Caci International during the 4th quarter valued at $56,876,000. Geode Capital Management LLC raised its holdings in Caci International by 7.0% during the 4th quarter. Geode Capital Management LLC now owns 303,691 shares of the information technology services provider’s stock valued at $43,739,000 after acquiring an additional 19,892 shares during the period. TIAA CREF Investment Management LLC raised its holdings in Caci International by 15.9% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 290,773 shares of the information technology services provider’s stock valued at $53,546,000 after acquiring an additional 39,987 shares during the period. Finally, Tributary Capital Management LLC raised its holdings in Caci International by 1.0% during the 4th quarter. Tributary Capital Management LLC now owns 149,691 shares of the information technology services provider’s stock valued at $21,560,000 after acquiring an additional 1,523 shares during the period. Hedge funds and other institutional investors own 90.44% of the company’s stock.

Shares of NYSE CACI traded up $0.38 during mid-day trading on Wednesday, hitting $186.83. 11,347 shares of the stock traded hands, compared to its average volume of 175,817. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.45. Caci International has a twelve month low of $138.39 and a twelve month high of $200.85. The company has a market cap of $4.62 billion, a price-to-earnings ratio of 23.83, a price-to-earnings-growth ratio of 1.79 and a beta of 1.56.

Caci International (NYSE:CACI) last released its quarterly earnings data on Wednesday, January 30th. The information technology services provider reported $2.71 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.28 by $0.43. Caci International had a return on equity of 11.74% and a net margin of 5.68%. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter last year, the business posted $2.38 EPS. Caci International’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, research analysts anticipate that Caci International will post 10.37 earnings per share for the current fiscal year.

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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Analyst Recommendations for Caci International (NYSE:CACI)

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