Stifel Nicolaus Begins Coverage on CACI International (NYSE:CACI)

Equities researchers at Stifel Nicolaus started coverage on shares of CACI International (NYSE:CACI) in a research note issued to investors on Tuesday. The brokerage set a “buy” rating and a $576.00 price target on the information technology services provider’s stock. Stifel Nicolaus’ target price points to a potential upside of 25.58% from the stock’s previous close.

A number of other research analysts have also weighed in on CACI. Truist Financial set a $525.00 price target on CACI International and gave the stock a “buy” rating in a research note on Friday, April 25th. Cantor Fitzgerald upgraded CACI International to a “strong-buy” rating in a research note on Tuesday, February 25th. Jefferies Financial Group decreased their price target on CACI International from $520.00 to $455.00 and set a “buy” rating on the stock in a research note on Tuesday, March 25th. Cowen restated a “buy” rating on shares of CACI International in a report on Monday, April 28th. Finally, UBS Group reaffirmed a “buy” rating on shares of CACI International in a research note on Friday, April 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $520.31.

CACI International Stock Performance

NYSE:CACI opened at $458.67 on Tuesday. CACI International has a twelve month low of $318.60 and a twelve month high of $588.26. The company has a market capitalization of $10.09 billion, a P/E ratio of 21.65, a price-to-earnings-growth ratio of 1.30 and a beta of 0.63. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.82. The firm has a 50-day moving average price of $450.63 and a two-hundred day moving average price of $411.64.

CACI International (NYSE:CACI) last issued its quarterly earnings data on Wednesday, April 23rd. The information technology services provider reported $6.23 earnings per share for the quarter, topping analysts’ consensus estimates of $5.53 by $0.70. CACI International had a net margin of 5.70% and a return on equity of 15.23%. The business had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same period last year, the company posted $5.74 EPS. The company’s revenue was up 11.8% on a year-over-year basis. As a group, research analysts expect that CACI International will post 23.94 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CACI International

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Wayfinding Financial LLC acquired a new stake in shares of CACI International during the 1st quarter worth approximately $27,000. VSM Wealth Advisory LLC bought a new position in CACI International during the 4th quarter worth $69,000. Jones Financial Companies Lllp increased its position in CACI International by 452.8% in the fourth quarter. Jones Financial Companies Lllp now owns 199 shares of the information technology services provider’s stock worth $80,000 after buying an additional 163 shares during the period. Cary Street Partners Investment Advisory LLC lifted its stake in CACI International by 528.6% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 264 shares of the information technology services provider’s stock valued at $97,000 after buying an additional 222 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its stake in CACI International by 21.0% in the first quarter. TD Private Client Wealth LLC now owns 305 shares of the information technology services provider’s stock valued at $112,000 after buying an additional 53 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

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.