CACI International, Inc. (NYSE:CACI) was upgraded by stock analysts at Jefferies Group LLC from a “hold” rating to a “buy” rating in a research note issued on Monday, Marketbeat.com reports. The firm currently has a $154.00 price target on the information technology services provider’s stock. Jefferies Group LLC’s price target suggests a potential upside of 20.03% from the stock’s current price.

CACI has been the topic of a number of other research reports. Noble Financial reissued a “buy” rating on shares of CACI International in a report on Saturday, June 24th. Maxim Group reiterated a “buy” rating and set a $161.00 price objective on shares of CACI International in a research note on Thursday, June 22nd. ValuEngine upgraded shares of CACI International from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research raised shares of CACI International from a “sell” rating to a “hold” rating in a report on Friday, May 5th. Finally, Cowen and Company reaffirmed an “outperform” rating and issued a $145.00 price objective on shares of CACI International in a report on Monday, June 19th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. CACI International has an average rating of “Buy” and a consensus price target of $121.59.

Shares of CACI International (CACI) traded up 0.58% on Monday, hitting $129.05. The company’s stock had a trading volume of 66,686 shares. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 19.80 and a beta of 1.57. The stock has a 50-day moving average price of $124.03 and a 200 day moving average price of $123.17. CACI International has a one year low of $91.79 and a one year high of $135.35.

CACI International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, May 3rd. The information technology services provider reported $1.61 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.47 by $0.14. CACI International had a net margin of 3.76% and a return on equity of 9.75%. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter last year, the company posted $1.38 EPS. The firm’s revenue was up 11.2% compared to the same quarter last year. Equities research analysts predict that CACI International will post $6.46 EPS for the current year.

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In other news, CEO Kenneth Asbury sold 25,050 shares of the firm’s stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $124.86, for a total value of $3,127,743.00. Following the sale, the chief executive officer now owns 50,315 shares in the company, valued at $6,282,330.90. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Gregory G. Johnson sold 355 shares of the firm’s stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $127.00, for a total transaction of $45,085.00. Following the completion of the sale, the director now owns 4,965 shares in the company, valued at approximately $630,555. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,861 shares of company stock worth $3,229,425. 1.15% of the stock is currently owned by corporate insiders.

Several large investors have recently made changes to their positions in CACI. Glen Harbor Capital Management LLC increased its stake in CACI International by 12.5% in the first quarter. Glen Harbor Capital Management LLC now owns 990 shares of the information technology services provider’s stock worth $116,000 after buying an additional 110 shares in the last quarter. Elkfork Partners LLC increased its stake in CACI International by 12.5% in the first quarter. Elkfork Partners LLC now owns 1,260 shares of the information technology services provider’s stock worth $148,000 after buying an additional 140 shares in the last quarter. Meadow Creek Investment Management LLC increased its stake in CACI International by 12.5% in the first quarter. Meadow Creek Investment Management LLC now owns 1,530 shares of the information technology services provider’s stock worth $180,000 after buying an additional 170 shares in the last quarter. SG Americas Securities LLC increased its stake in CACI International by 5.9% in the first quarter. SG Americas Securities LLC now owns 1,658 shares of the information technology services provider’s stock worth $194,000 after buying an additional 93 shares in the last quarter. Finally, Dubuque Bank & Trust Co. acquired a new stake in CACI International during the first quarter worth $229,000. Institutional investors and hedge funds own 90.64% 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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