CACI International, Inc. (NYSE:CACI – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the twelve brokerages that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $697.55.
Several brokerages recently issued reports on CACI. Jefferies Financial Group reiterated a “hold” rating on shares of CACI International in a research report on Thursday, September 17th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $675.00 price target on shares of CACI International in a report on Wednesday, July 22nd. TD Cowen lowered their price objective on shares of CACI International from $625.00 to $550.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Citigroup raised their price objective on shares of CACI International from $519.00 to $648.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of CACI International from $645.00 to $715.00 and gave the company an “overweight” rating in a research report on Friday, August 7th.
Read Our Latest Stock Report on CACI
CACI International Stock Up 1.7%
CACI International (NYSE:CACI – Get Free Report) last issued its earnings results on Wednesday, August 5th. The information technology services provider reported $8.91 EPS for the quarter, beating the consensus estimate of $7.39 by $1.52. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.70 billion. CACI International had a net margin of 5.60% and a return on equity of 15.65%. The business’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $8.40 earnings per share. CACI International has set its FY 2027 guidance at 32.960-33.860 EPS. As a group, sell-side analysts anticipate that CACI International will post 33.5 EPS for the current year.
Hedge Funds Weigh In On CACI International
A number of large investors have recently bought and sold shares of the company. Fort Washington Investment Advisors Inc. OH raised its stake in shares of CACI International by 24.5% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 50,702 shares of the information technology services provider’s stock worth $27,575,000 after buying an additional 9,980 shares during the period. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of CACI International in the first quarter worth $5,384,000. Argent Capital Management LLC purchased a new stake in shares of CACI International in the first quarter worth $5,158,000. Van Lanschot Kempen Investment Management N.V. raised its position in shares of CACI International by 11.4% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 73,423 shares of the information technology services provider’s stock valued at $39,121,000 after purchasing an additional 7,487 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of CACI International during the 2nd quarter valued at $2,887,000. Institutional investors and hedge funds own 86.43% of the company’s stock.
CACI International Company Profile
CACI International Inc (NYSE: CACI) is a government services and information technology company that provides mission-focused solutions to U.S. defense, intelligence, and federal civilian agencies, as well as selected allied and partner governments. The company supports customers across the national security and government technology sectors.
Its capabilities include enterprise and mission information technology, artificial intelligence and data analytics, cybersecurity, intelligence analysis, electronic warfare, signals intelligence, surveillance and reconnaissance, communications, engineering, and other specialized technical services.
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