Brokerages Set CACI International, Inc. (CACI) PT at $126.50

CACI International, Inc. (NYSE:CACI) has earned a consensus recommendation of “Buy” from the thirteen brokerages that are covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $128.00.

CACI has been the subject of several research analyst reports. Noble Financial restated a “buy” rating on shares of CACI International in a research report on Saturday, June 24th. Cowen and Company restated a “buy” rating and set a $145.00 price target on shares of CACI International in a research report on Monday, August 14th. Seaport Global Securities restated a “buy” rating and set a $152.00 price target (up from $140.00) on shares of CACI International in a research report on Monday. ValuEngine upgraded CACI International from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Jefferies Group LLC upgraded CACI International from a “hold” rating to a “buy” rating and set a $154.00 price target for the company in a research report on Monday, July 17th.

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Shares of CACI International (NYSE:CACI) traded up 0.46% during midday trading on Friday, hitting $143.30. The company’s stock had a trading volume of 78,415 shares. CACI International has a 12-month low of $96.05 and a 12-month high of $144.25. The firm has a 50-day moving average of $133.02 and a 200 day moving average of $125.75. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 21.94 and a beta of 1.61.

CACI International (NYSE:CACI) last released its quarterly earnings results on Wednesday, August 16th. The information technology services provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.68 by $0.08. CACI International had a return on equity of 9.52% and a net margin of 3.76%. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the business posted $1.75 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. On average, equities research analysts predict that CACI International will post $6.78 EPS for the current fiscal year.

In related news, Director Charles P. Revoile sold 750 shares of CACI International stock in a transaction on Friday, September 15th. The stock was sold at an average price of $127.28, for a total value of $95,460.00. Following the completion of the transaction, the director now directly owns 31,583 shares in the company, valued at $4,019,884.24. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Thomas A. Mutryn sold 6,165 shares of CACI International stock in a transaction 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 owns 37,555 shares of the company’s stock, valued at $4,930,220.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 7,806 shares of company stock valued at $1,016,596. 1.15% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in the stock. State Street Corp boosted its holdings in CACI International by 3.6% in the second quarter. State Street Corp now owns 601,924 shares of the information technology services provider’s stock valued at $75,282,000 after purchasing an additional 21,125 shares during the period. Bank of New York Mellon Corp boosted its holdings in CACI International by 0.6% in the second quarter. Bank of New York Mellon Corp now owns 483,033 shares of the information technology services provider’s stock valued at $60,403,000 after purchasing an additional 2,805 shares during the period. Ameriprise Financial Inc. boosted its holdings in CACI International by 0.6% in the second quarter. Ameriprise Financial Inc. now owns 345,420 shares of the information technology services provider’s stock valued at $43,194,000 after purchasing an additional 1,989 shares during the period. Prudential PLC boosted its holdings in CACI International by 33.7% in the second quarter. Prudential PLC now owns 213,500 shares of the information technology services provider’s stock valued at $26,698,000 after purchasing an additional 53,800 shares during the period. Finally, Teachers Advisors LLC boosted its holdings in CACI International by 3.9% in the second quarter. Teachers Advisors LLC now owns 203,527 shares of the information technology services provider’s stock valued at $25,451,000 after purchasing an additional 7,628 shares during the period. Hedge funds and other institutional investors own 88.87% of the c

CACI has been the subject of several research analyst reports. Noble Financial restated a “buy” rating on shares of CACI International in a research report on Saturday, June 24th. Cowen and Company restated a “buy” rating and set a $145.00 price target on shares of CACI International in a research report on Monday, August 14th. Seaport Global Securities restated a “buy” rating and set a $152.00 price target (up from $140.00) on shares of CACI International in a research report on Monday. ValuEngine upgraded CACI International from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Jefferies Group LLC upgraded CACI International from a “hold” rating to a “buy” rating and set a $154.00 price target for the company in a research report on Monday, July 17th.

TRADEMARK VIOLATION WARNING: This piece was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at https://ledgergazette.com/2017/10/10/brokerages-set-caci-international-inc-caci-pt-at-126-50.html.

Shares of CACI International (NYSE:CACI) traded up 0.46% during midday trading on Friday, hitting $143.30. The company’s stock had a trading volume of 78,415 shares. CACI International has a 12-month low of $96.05 and a 12-month high of $144.25. The firm has a 50-day moving average of $133.02 and a 200 day moving average of $125.75. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 21.94 and a beta of 1.61.

CACI International (NYSE:CACI) last released its quarterly earnings results on Wednesday, August 16th. The information technology services provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.68 by $0.08. CACI International had a return on equity of 9.52% and a net margin of 3.76%. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the business posted $1.75 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. On average, equities research analysts predict that CACI International will post $6.78 EPS for the current fiscal year.

In related news, Director Charles P. Revoile sold 750 shares of CACI International stock in a transaction on Friday, September 15th. The stock was sold at an average price of $127.28, for a total value of $95,460.00. Following the completion of the transaction, the director now directly owns 31,583 shares in the company, valued at $4,019,884.24. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Thomas A. Mutryn sold 6,165 shares of CACI International stock in a transaction 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 owns 37,555 shares of the company’s stock, valued at $4,930,220.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 7,806 shares of company stock valued at $1,016,596. 1.15% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in the stock. State Street Corp boosted its holdings in CACI International by 3.6% in the second quarter. State Street Corp now owns 601,924 shares of the information technology services provider’s stock valued at $75,282,000 after purchasing an additional 21,125 shares during the period. Bank of New York Mellon Corp boosted its holdings in CACI International by 0.6% in the second quarter. Bank of New York Mellon Corp now owns 483,033 shares of the information technology services provider’s stock valued at $60,403,000 after purchasing an additional 2,805 shares during the period. Ameriprise Financial Inc. boosted its holdings in CACI International by 0.6% in the second quarter. Ameriprise Financial Inc. now owns 345,420 shares of the information technology services provider’s stock valued at $43,194,000 after purchasing an additional 1,989 shares during the period. Prudential PLC boosted its holdings in CACI International by 33.7% in the second quarter. Prudential PLC now owns 213,500 shares of the information technology services provider’s stock valued at $26,698,000 after purchasing an additional 53,800 shares during the period. Finally, Teachers Advisors LLC boosted its holdings in CACI International by 3.9% in the second quarter. Teachers Advisors LLC now owns 203,527 shares of the information technology services provider’s stock valued at $25,451,000 after purchasing an additional 7,628 shares during the period. Hedge funds and other institutional investors own 88.87% of the company’s stock.

CACI International Company Profile

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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