Seaport Global Securities Reiterates “Buy” Rating for CACI International, Inc. (CACI)

CACI International, Inc. (NYSE:CACI)‘s stock had its “buy” rating reaffirmed by investment analysts at Seaport Global Securities in a research note issued to investors on Monday. They currently have a $152.00 price objective on the information technology services provider’s stock, up from their previous price objective of $140.00. Seaport Global Securities’ price target points to a potential upside of 6.55% from the company’s previous close.

CACI has been the subject of a number of other research reports. BidaskClub raised shares of CACI International from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Noble Financial downgraded shares of CACI International from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Zacks Investment Research downgraded shares of CACI International from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. Cowen and Company raised shares of CACI International from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $140.00 to $145.00 in a research report on Monday, June 12th. Finally, FBR & Co reaffirmed a “neutral” rating and set a $123.00 price objective on shares of CACI International in a research report on Sunday, August 20th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $129.67.

CACI International (NYSE:CACI) traded up 0.32% during trading on Monday, hitting $142.65. The company had a trading volume of 104,623 shares. The company’s 50 day moving average price is $132.46 and its 200-day moving average price is $125.56. The company has a market cap of $3.49 billion, a PE ratio of 21.85 and a beta of 1.61. CACI International has a 12 month low of $96.05 and a 12 month high of $144.25.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, August 16th. The information technology services provider reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. CACI International had a net margin of 3.76% and a return on equity of 9.52%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the firm earned $1.75 EPS. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. Equities analysts expect that CACI International will post $6.78 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Seaport Global Securities Reiterates “Buy” Rating for CACI International, Inc. (CACI)” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at https://ledgergazette.com/2017/10/09/seaport-global-securities-reiterates-buy-rating-for-caci-international-inc-caci.html.

In other news, CFO Thomas A. Mutryn sold 6,165 shares of the stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $131.28, for a total value of $809,341.20. Following the completion of the transaction, the chief financial officer now directly owns 37,555 shares in the company, valued at $4,930,220.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gregory G. Johnson sold 400 shares of the stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $125.25, for a total transaction of $50,100.00. Following the completion of the transaction, the director now owns 4,817 shares of the company’s stock, valued at $603,329.25. The disclosure for this sale can be found here. In the last 90 days, insiders sold 7,806 shares of company stock valued at $1,016,596. 1.15% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of the company. World Asset Management Inc boosted its holdings in shares of CACI International by 0.3% in the second quarter. World Asset Management Inc now owns 1,800 shares of the information technology services provider’s stock valued at $225,000 after acquiring an additional 6 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in shares of CACI International by 0.5% in the first quarter. Municipal Employees Retirement System of Michigan now owns 8,330 shares of the information technology services provider’s stock valued at $977,000 after acquiring an additional 40 shares in the last quarter. Amalgamated Bank boosted its holdings in shares of CACI International by 1.4% in the second quarter. Amalgamated Bank now owns 3,341 shares of the information technology services provider’s stock valued at $418,000 after acquiring an additional 47 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of CACI International by 0.6% in the second quarter. Nisa Investment Advisors LLC now owns 8,830 shares of the information technology services provider’s stock valued at $1,104,000 after acquiring an additional 50 shares in the last quarter. Finally, Paloma Partners Management Co boosted its holdings in shares of CACI International by 0.6

CACI has been the subject of a number of other research reports. BidaskClub raised shares of CACI International from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Noble Financial downgraded shares of CACI International from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Zacks Investment Research downgraded shares of CACI International from a “buy” rating to a “hold” rating in a research report on Wednesday, August 16th. Cowen and Company raised shares of CACI International from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $140.00 to $145.00 in a research report on Monday, June 12th. Finally, FBR & Co reaffirmed a “neutral” rating and set a $123.00 price objective on shares of CACI International in a research report on Sunday, August 20th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $129.67.

CACI International (NYSE:CACI) traded up 0.32% during trading on Monday, hitting $142.65. The company had a trading volume of 104,623 shares. The company’s 50 day moving average price is $132.46 and its 200-day moving average price is $125.56. The company has a market cap of $3.49 billion, a PE ratio of 21.85 and a beta of 1.61. CACI International has a 12 month low of $96.05 and a 12 month high of $144.25.

CACI International (NYSE:CACI) last announced its quarterly earnings data on Wednesday, August 16th. The information technology services provider reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. CACI International had a net margin of 3.76% and a return on equity of 9.52%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the firm earned $1.75 EPS. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. Equities analysts expect that CACI International will post $6.78 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Seaport Global Securities Reiterates “Buy” Rating for CACI International, Inc. (CACI)” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at https://ledgergazette.com/2017/10/09/seaport-global-securities-reiterates-buy-rating-for-caci-international-inc-caci.html.

In other news, CFO Thomas A. Mutryn sold 6,165 shares of the stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $131.28, for a total value of $809,341.20. Following the completion of the transaction, the chief financial officer now directly owns 37,555 shares in the company, valued at $4,930,220.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gregory G. Johnson sold 400 shares of the stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $125.25, for a total transaction of $50,100.00. Following the completion of the transaction, the director now owns 4,817 shares of the company’s stock, valued at $603,329.25. The disclosure for this sale can be found here. In the last 90 days, insiders sold 7,806 shares of company stock valued at $1,016,596. 1.15% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of the company. World Asset Management Inc boosted its holdings in shares of CACI International by 0.3% in the second quarter. World Asset Management Inc now owns 1,800 shares of the information technology services provider’s stock valued at $225,000 after acquiring an additional 6 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in shares of CACI International by 0.5% in the first quarter. Municipal Employees Retirement System of Michigan now owns 8,330 shares of the information technology services provider’s stock valued at $977,000 after acquiring an additional 40 shares in the last quarter. Amalgamated Bank boosted its holdings in shares of CACI International by 1.4% in the second quarter. Amalgamated Bank now owns 3,341 shares of the information technology services provider’s stock valued at $418,000 after acquiring an additional 47 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of CACI International by 0.6% in the second quarter. Nisa Investment Advisors LLC now owns 8,830 shares of the information technology services provider’s stock valued at $1,104,000 after acquiring an additional 50 shares in the last quarter. Finally, Paloma Partners Management Co boosted its holdings in shares of CACI International by 0.6% in the first quarter. Paloma Partners Management Co now owns 13,682 shares of the information technology services provider’s stock valued at $1,605,000 after acquiring an additional 78 shares in the last quarter. Institutional investors and hedge funds own 88.87% of the company’s stock.

About CACI International

CACI International Inc is a simulation technology company. The Company provides information solutions and services. The Company operates through two segments: domestic operations and international operations. It serves clients in the United States federal government and commercial markets, primarily throughout North America and internationally on behalf of the United States customers, as well as in the United Kingdom and the Netherlands.

Analyst Recommendations for CACI International (NYSE:CACI)

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