CACI International (NYSE:CACI) Coverage Initiated by Analysts at Cantor Fitzgerald

Cantor Fitzgerald initiated coverage on shares of CACI International (NYSE:CACI) in a research report sent to investors on Friday, MarketBeat Ratings reports. The brokerage issued an overweight rating and a $535.00 price target on the information technology services provider’s stock.

CACI has been the topic of several other research reports. The Goldman Sachs Group lowered CACI International from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $540.00 to $373.00 in a research note on Thursday, December 12th. Raymond James reissued an “outperform” rating and set a $490.00 price target (up previously from $475.00) on shares of CACI International in a research report on Thursday, January 23rd. Robert W. Baird restated an “outperform” rating and issued a $640.00 price objective on shares of CACI International in a report on Tuesday, December 17th. Jefferies Financial Group upgraded shares of CACI International from a “hold” rating to a “buy” rating and set a $515.00 target price on the stock in a report on Thursday, January 16th. Finally, Wells Fargo & Company boosted their price target on shares of CACI International from $503.00 to $536.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, CACI International presently has a consensus rating of “Moderate Buy” and an average target price of $526.23.

CACI International Price Performance

Shares of CACI opened at $376.59 on Friday. The firm has a 50-day simple moving average of $418.89 and a two-hundred day simple moving average of $467.39. The stock has a market cap of $8.44 billion, a PE ratio of 17.66, a P/E/G ratio of 1.12 and a beta of 0.87. CACI International has a 1-year low of $350.33 and a 1-year high of $588.26. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.52 and a quick ratio of 1.52.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, January 22nd. The information technology services provider reported $5.95 earnings per share for the quarter, beating the consensus estimate of $5.28 by $0.67. CACI International had a net margin of 5.90% and a return on equity of 15.30%. As a group, analysts forecast that CACI International will post 24.41 EPS for the current year.

Institutional Trading of CACI International

A number of institutional investors have recently bought and sold shares of the business. Van ECK Associates Corp raised its position in shares of CACI International by 35.2% during the 4th quarter. Van ECK Associates Corp now owns 157,098 shares of the information technology services provider’s stock worth $63,477,000 after acquiring an additional 40,867 shares in the last quarter. Geode Capital Management LLC raised its holdings in CACI International by 5.0% during the third quarter. Geode Capital Management LLC now owns 482,274 shares of the information technology services provider’s stock worth $243,386,000 after purchasing an additional 22,823 shares in the last quarter. River Road Asset Management LLC purchased a new stake in shares of CACI International during the 4th quarter worth approximately $8,585,000. BNP Paribas Financial Markets lifted its position in shares of CACI International by 37.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 58,953 shares of the information technology services provider’s stock worth $29,745,000 after buying an additional 15,961 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of CACI International by 36.4% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 53,005 shares of the information technology services provider’s stock valued at $21,417,000 after buying an additional 14,141 shares in the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

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.