CACI International (NYSE:CACI – Get Free Report) had its price target cut by equities researchers at JPMorgan Chase & Co. from $700.00 to $645.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the information technology services provider’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 28.46% from the company’s previous close.
A number of other research analysts also recently issued reports on the company. Wells Fargo & Company assumed coverage on CACI International in a report on Wednesday, April 1st. They set an “overweight” rating and a $275.00 price target on the stock. BNP Paribas Exane assumed coverage on CACI International in a report on Wednesday, May 27th. They set a “neutral” rating and a $550.00 target price on the stock. Citigroup reduced their target price on CACI International from $614.00 to $555.00 and set a “neutral” rating on the stock in a report on Monday, May 18th. Weiss Ratings downgraded CACI International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 19th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $550.00 target price on shares of CACI International in a report on Sunday, April 26th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, CACI International currently has a consensus rating of “Moderate Buy” and an average target price of $622.82.
Check Out Our Latest Research Report on CACI International
CACI International Price Performance
CACI International (NYSE:CACI – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The information technology services provider reported $7.27 EPS for the quarter, topping the consensus estimate of $7.09 by $0.18. The firm had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.36 billion. CACI International had a return on equity of 15.90% and a net margin of 5.86%.The company’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $6.23 earnings per share. CACI International has set its FY 2026 guidance at 21.670-22.340 EPS. On average, sell-side analysts anticipate that CACI International will post 28.29 EPS for the current year.
Hedge Funds Weigh In On CACI International
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Argent Capital Management LLC bought a new stake in shares of CACI International in the first quarter worth $5,158,000. EverSource Wealth Advisors LLC grew its holdings in shares of CACI International by 9.7% in the first quarter. EverSource Wealth Advisors LLC now owns 395 shares of the information technology services provider’s stock worth $215,000 after acquiring an additional 35 shares during the period. California State Teachers Retirement System grew its holdings in shares of CACI International by 22.6% in the first quarter. California State Teachers Retirement System now owns 25,494 shares of the information technology services provider’s stock worth $13,865,000 after acquiring an additional 4,696 shares during the period. Public Employees Retirement System of Ohio grew its holdings in shares of CACI International by 4.8% in the first quarter. Public Employees Retirement System of Ohio now owns 6,852 shares of the information technology services provider’s stock worth $3,727,000 after acquiring an additional 316 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of CACI International in the first quarter worth $5,384,000. 86.43% of the stock is owned by institutional investors.
About CACI International
CACI International Inc is a leading provider of information solutions and services to the U.S. federal government, with a primary focus on defense, intelligence, homeland security and federal civilian agencies. The company delivers advanced technology and domain expertise to support mission-critical operations, offering capabilities in areas such as data analytics, cyber security, network integration, enterprise IT modernization and logistics support. By integrating software, hardware and professional services, CACI helps clients enhance situational awareness, improve decision making and maintain critical infrastructure resilience.
Founded in 1962 and headquartered in Arlington, Virginia, CACI has evolved from a small consulting operation into a global enterprise.
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