Caci International (CACI) – Research Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Caci International (NYSE: CACI) in the last few weeks:

  • 2/4/2019 – Caci International was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/3/2019 – Caci International had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $190.00 price target on the stock.
  • 1/31/2019 – Caci International had its “buy” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $185.00 price target on the stock, down previously from $210.00.
  • 1/30/2019 – Caci International had its “buy” rating reaffirmed by analysts at Seaport Global Securities.
  • 1/30/2019 – Caci International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $177.00 price target on the stock. According to Zacks, “CACI is benefiting from organic revenue growth and expanding margins. Growing number of awards and contract funding from federal customers is a key growth driver. CACI’s system integration skills and expertise consume a significant portion of the funds earmarked for the Department of Homeland Security while creating systems that foster the sharing of critical information among intelligence agencies. Estimates have been going up ahead of the company’s Q2 earnings release. The company has positive record of earnings surprises in recent quarters. Shares of CACI have outperformed the industry in the past year. However, macroeconomic challenges, foreign currency volatility and regulatory pressure remain potential headwinds for CACI.”
  • 1/23/2019 – Caci International was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “CACI is benefiting from organic revenue growth and expanding margins. Growing number of awards and contract funding from federal customers is a key growth driver. CACI’s system integration skills and expertise consume a significant portion of the funds earmarked for the Department of Homeland Security while creating systems that foster the sharing of critical information among intelligence agencies. Estimates have been going up ahead of the company’s Q2 earnings release. The company has positive record of earnings surprises in recent quarters. Shares of CACI have outperformed the industry in the past year. However, macroeconomic challenges, foreign currency volatility and regulatory pressure remain potential headwinds for. CACI generates revenue from contracts and task orders awarded through a competitive bidding process. A decision to terminate contracts on an ongoing basis for convenience is likely to hurt revenues significantly.”
  • 1/21/2019 – Caci International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $172.00 price target on the stock. According to Zacks, “CACI is benefiting from organic revenue growth and expanding margins. Growing number of awards and contract funding from federal customers is a key growth driver. Cyber-attacks are creating increased awareness, leading to more demand for cyber solutions. CACI’s system integration skills and intelligence expertise consume a significant portion of the funds earmarked for the Department of Homeland Security while creating systems that foster the sharing of critical information among all intelligence agencies. We believe the company is comfortably positioned, given its favored relationship with the DoD.Estimates have been going up ahead of the company’s Q2 earnings release. The company has positive record of earnings surprises in recent quarters. Shares of CACI have outperformed the industry in the past one year. However, macroeconomic challenges, foreign currency volatility and regulatory pressure remain potential headwinds for CACI.”
  • 1/16/2019 – Caci International was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “CACI is benefiting from organic revenue growth and expanding margins. Growing number of awards and contract funding from federal customers is a key growth driver. Cyber-attacks are creating increased awareness, leading to more demand for cyber solutions. Estimates have been going up ahead of the company’s Q2 earnings release. The company has positive record of earnings surprises in recent quarters. Shares of CACI have outperformed the industry on a year-to-date basis. However, macroeconomic challenges, foreign currency volatility and regulatory pressure remain potential headwinds for CACI. Its main competitors include CGI Group, Inc., SYNNEX Corporation, ManTech International Corporation and Sapient Corporation, all of whom are established players in the industry. Consequently, CACI International has to continuously invest in value drivers that act as a hedge against competition, thus increasing operating costs.”
  • 1/15/2019 – Caci International was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $166.00 price target on the stock. According to Zacks, “CACI is benefiting from organic revenue growth and expanding margins. Growing number of awards and contract funding from federal customers is a key growth driver. Cyber-attacks are creating increased awareness, leading to more demand for cyber solutions. CACI’s system integration skills and intelligence expertise consume a significant portion of the funds earmarked for the Department of Homeland Security while creating systems that foster the sharing of critical information among all intelligence agencies. We believe the company is comfortably positioned, given its favored relationship with the DoD.Estimates have been going up ahead of the company’s Q2 earnings release. The company has positive record of earnings surprises in recent quarters. Shares of CACI have outperformed the industry in the past one year. However, macroeconomic challenges, foreign currency volatility and regulatory pressure remain potential headwinds for CACI.”
  • 1/14/2019 – Caci International had its price target lowered by analysts at Citigroup Inc from $205.00 to $185.00. They now have a “buy” rating on the stock.
  • 1/3/2019 – Caci International was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “CACI is benefiting from organic revenue growth and expanding margins. Growing number of awards and contract funding from federal customers is a key growth driver. Cyber-attacks are creating increased awareness, leading to more demand for cyber solutions. Estimates have been going up ahead of the company’s Q2 earnings release. The company has positive record of earnings surprises in recent quarters. Shares of CACI have outperformed the industry in the past one year. However, macroeconomic challenges, foreign currency volatility and regulatory pressure remain potential headwinds for CACI. Its main competitors include CGI Group, Inc., SYNNEX Corporation, ManTech International Corporation and Sapient Corporation, all of whom are established players in the industry. Consequently, CACI International has to continuously invest in value drivers that act as a hedge against competition, thus increasing operating costs.”
  • 12/19/2018 – Caci International had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $205.00 price target on the stock. They wrote, “We project the company will generate over $300M in FCF in FY’19 and over $330M in FY’20.””

NYSE:CACI opened at $175.32 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 1.82 and a debt-to-equity ratio of 0.45. Caci International Inc has a twelve month low of $138.39 and a twelve month high of $200.85. The stock has a market cap of $4.28 billion, a price-to-earnings ratio of 22.36, a price-to-earnings-growth ratio of 1.68 and a beta of 1.54.

Caci International (NYSE:CACI) last posted its earnings results on Wednesday, January 30th. The information technology services provider reported $2.71 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.28 by $0.43. Caci International had a net margin of 5.68% and a return on equity of 11.74%. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same period last year, the firm posted $2.38 EPS. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, research analysts forecast that Caci International Inc will post 10.27 EPS for the current year.

A number of large investors have recently bought and sold shares of CACI. Tygh Capital Management Inc. acquired a new stake in shares of Caci International in the fourth quarter worth approximately $5,954,000. TIAA CREF Investment Management LLC boosted its position in shares of Caci International by 15.9% in the third quarter. TIAA CREF Investment Management LLC now owns 290,773 shares of the information technology services provider’s stock worth $53,546,000 after acquiring an additional 39,987 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Caci International by 6.7% in the third quarter. Bank of New York Mellon Corp now owns 544,021 shares of the information technology services provider’s stock worth $100,182,000 after acquiring an additional 34,073 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of Caci International in the third quarter worth approximately $5,751,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Caci International by 51.6% in the third quarter. Russell Investments Group Ltd. now owns 52,750 shares of the information technology services provider’s stock worth $9,716,000 after acquiring an additional 17,956 shares during the last quarter. Hedge funds and other institutional investors own 89.05% of the company’s stock.

CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.

Further Reading: How is the S&P 500 index different from the DJIA?

Receive News & Ratings for Caci International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caci International Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply