CACI International’s (CACI) “Buy” Rating Reiterated at Stifel Nicolaus

CACI International, Inc. (NYSE:CACI)‘s stock had its “buy” rating restated by equities researchers at Stifel Nicolaus in a research report issued to clients and investors on Tuesday, Marketbeat reports. They currently have a $151.00 price target on the information technology services provider’s stock. Stifel Nicolaus’ price target would indicate a potential upside of 18.99% from the company’s current price.

CACI has been the subject of a number of other research reports. BidaskClub raised shares of CACI International from a “sell” rating to a “hold” rating in a research note on Wednesday, September 20th. Noble Financial reiterated a “buy” rating on shares of CACI International in a report on Monday, November 13th. Zacks Investment Research lowered shares of CACI International from a “buy” rating to a “hold” rating in a report on Wednesday, August 16th. Cowen and Company reiterated a “buy” rating and set a $152.00 price target on shares of CACI International in a report on Thursday, October 12th. Finally, FBR & Co reiterated a “neutral” rating and set a $123.00 price target on shares of CACI International in a report on Sunday, August 20th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company’s stock. CACI International has a consensus rating of “Hold” and a consensus price target of $147.00.

Shares of CACI International (NYSE:CACI) traded up $1.70 during mid-day trading on Tuesday, reaching $126.90. 142,000 shares of the company’s stock traded hands, compared to its average volume of 128,011. The company has a market capitalization of $3,082.56, a price-to-earnings ratio of 18.60, a price-to-earnings-growth ratio of 1.82 and a beta of 1.61. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.60. CACI International has a twelve month low of $112.10 and a twelve month high of $147.31.

CACI International (NYSE:CACI) last posted its quarterly earnings results on Wednesday, November 1st. The information technology services provider reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.15. CACI International had a net margin of 3.87% and a return on equity of 9.57%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the firm posted $1.47 earnings per share. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. analysts expect that CACI International will post 6.9 earnings per share for the current year.

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In other news, Director Gregory G. Johnson sold 400 shares of CACI International stock in a transaction on Monday, August 28th. The stock was sold at an average price of $125.25, for a total transaction of $50,100.00. Following the completion of the sale, the director now directly owns 4,817 shares in the company, valued at $603,329.25. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Charles P. Revoile sold 750 shares of CACI International stock in a transaction on Friday, September 15th. The stock was sold at an average price of $127.28, for a total value of $95,460.00. Following the sale, the director now owns 31,583 shares of the company’s stock, valued at $4,019,884.24. The disclosure for this sale can be found here. Insiders have sold 7,806 shares of company stock valued at $1,016,310 over the last ninety days. 1.44% of the stock is owned by insiders.

Several large investors have recently added to or reduced their stakes in CACI. Riverhead Capital Management LLC raised its holdings in CACI International by 66.5% in the second quarter. Riverhead Capital Management LLC now owns 1,332 shares of the information technology services provider’s stock worth $167,000 after purchasing an additional 532 shares in the last quarter. Miles Capital Inc. purchased a new stake in shares of CACI International during the second quarter worth about $211,000. World Asset Management Inc grew its stake in shares of CACI International by 0.3% during the second quarter. World Asset Management Inc now owns 1,800 shares of the information technology services provider’s stock worth $225,000 after acquiring an additional 6 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of CACI International by 8.6% during the second quarter. SG Americas Securities LLC now owns 1,800 shares of the information technology services provider’s stock worth $225,000 after acquiring an additional 142 shares during the last quarter. Finally, Sawgrass Asset Management LLC purchased a new stake in shares of CACI International during the second quarter worth about $315,000. Institutional investors and hedge funds own 86.97% of the company’s stock.

CACI International Company Profile

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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