Citigroup started coverage on shares of CACI International (NYSE:CACI – Get Free Report) in a research report issued on Thursday, MarketBeat Ratings reports. The firm set a “neutral” rating and a $642.00 price target on the information technology services provider’s stock. Citigroup’s target price suggests a potential upside of 12.05% from the stock’s previous close.
A number of other equities research analysts also recently issued reports on the company. The Goldman Sachs Group boosted their price target on CACI International from $567.00 to $624.00 and gave the company a “buy” rating in a research report on Monday, October 27th. UBS Group boosted their target price on CACI International from $639.00 to $759.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Cowen reissued a “buy” rating on shares of CACI International in a research report on Friday, October 24th. TD Cowen raised their price target on shares of CACI International from $550.00 to $620.00 and gave the company a “buy” rating in a report on Friday, October 24th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of CACI International from $575.00 to $645.00 and gave the stock an “overweight” rating in a research note on Monday, October 27th. Thirteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $619.85.
View Our Latest Analysis on CACI
CACI International Stock Performance
CACI International (NYSE:CACI – Get Free Report) last announced its quarterly earnings results on Wednesday, October 22nd. The information technology services provider reported $6.85 earnings per share for the quarter, beating analysts’ consensus estimates of $6.20 by $0.65. The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.26 billion. CACI International had a net margin of 5.70% and a return on equity of 15.92%. CACI International’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter last year, the business earned $5.93 EPS. CACI International has set its FY 2026 guidance at 27.130-28.030 EPS. Sell-side analysts anticipate that CACI International will post 23.94 EPS for the current year.
Insider Buying and Selling
In other CACI International news, CEO John S. Mengucci sold 10,175 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $492.82, for a total value of $5,014,443.50. Following the completion of the transaction, the chief executive officer owned 101,536 shares in the company, valued at $50,038,971.52. This represents a 9.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.10% of the company’s stock.
Institutional Investors Weigh In On CACI International
Hedge funds and other institutional investors have recently bought and sold shares of the business. V Square Quantitative Management LLC acquired a new position in shares of CACI International in the 2nd quarter valued at approximately $25,000. Root Financial Partners LLC acquired a new stake in shares of CACI International during the third quarter worth approximately $38,000. First Horizon Advisors Inc. increased its stake in shares of CACI International by 110.5% in the second quarter. First Horizon Advisors Inc. now owns 80 shares of the information technology services provider’s stock worth $38,000 after buying an additional 42 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new stake in CACI International in the second quarter valued at $55,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in CACI International by 180.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 140 shares of the information technology services provider’s stock valued at $67,000 after acquiring an additional 90 shares in the last quarter. 86.43% of the stock is currently owned by hedge funds and other institutional investors.
CACI International Company Profile
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.
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