CACI International (NYSE:CACI) Shares Up 4% – Should You Buy?

CACI International, Inc. (NYSE:CACI)’s share price was up 4% during trading on Friday . The company traded as high as $507.34 and last traded at $499.9450. Approximately 15,560 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 291,154 shares. The stock had previously closed at $480.61.

Analysts Set New Price Targets

A number of analysts have recently weighed in on CACI shares. Cantor Fitzgerald restated an “overweight” rating and issued a $675.00 target price on shares of CACI International in a research note on Wednesday. Weiss Ratings lowered shares of CACI International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 19th. Wells Fargo & Company assumed coverage on shares of CACI International in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $275.00 price objective for the company. JPMorgan Chase & Co. dropped their target price on shares of CACI International from $700.00 to $645.00 and set an “overweight” rating for the company in a research note on Monday, June 15th. Finally, BNP Paribas Exane initiated coverage on shares of CACI International in a research report on Wednesday, May 27th. They set a “neutral” rating and a $550.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, CACI International presently has an average rating of “Moderate Buy” and a consensus price target of $609.09.

CACI International Price Performance

The company has a market capitalization of $10.88 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 1.42 and a beta of 0.54. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 1.20. The company has a 50 day moving average price of $490.47 and a 200 day moving average price of $547.01.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, April 22nd. The information technology services provider reported $7.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.09 by $0.18. The business had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.36 billion. CACI International had a return on equity of 15.90% and a net margin of 5.86%.The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.23 earnings per share. As a group, equities research analysts forecast that CACI International, Inc. will post 28.1 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp boosted its holdings in CACI International by 344.7% during the first quarter. Jones Financial Companies Lllp now owns 885 shares of the information technology services provider’s stock worth $325,000 after buying an additional 686 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of CACI International by 595.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 146 shares of the information technology services provider’s stock valued at $70,000 after acquiring an additional 125 shares during the last quarter. Baird Financial Group Inc. raised its position in shares of CACI International by 3.7% in the 2nd quarter. Baird Financial Group Inc. now owns 4,416 shares of the information technology services provider’s stock valued at $2,105,000 after acquiring an additional 157 shares during the period. Jump Financial LLC acquired a new stake in shares of CACI International in the 2nd quarter valued at approximately $423,000. Finally, Ameriprise Financial Inc. boosted its stake in CACI International by 22.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 298,615 shares of the information technology services provider’s stock worth $142,346,000 after acquiring an additional 54,905 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 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.