Caci International (CACI) Price Target Cut to $205.00 by Analysts at Citigroup

Caci International (NYSE:CACI) had its target price decreased by Citigroup from $210.00 to $205.00 in a research report released on Friday, November 2nd. Citigroup currently has a buy rating on the information technology services provider’s stock.

CACI has been the subject of several other research reports. B. Riley lifted their price target on shares of Caci International from $165.00 to $182.00 and gave the stock a neutral rating in a research report on Friday, August 17th. SunTrust Banks reiterated a hold rating and set a $210.00 price target on shares of Caci International in a research report on Thursday, August 16th. Loop Capital lifted their price target on shares of Caci International to $200.00 and gave the stock a buy rating in a research report on Wednesday, August 8th. ValuEngine cut shares of Caci International from a buy rating to a hold rating in a research report on Thursday, August 2nd. Finally, Cowen reiterated a buy rating and set a $185.00 price target on shares of Caci International in a research report on Wednesday, August 15th. One analyst has rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of Buy and an average price target of $194.62.

CACI traded down $0.75 during midday trading on Friday, hitting $181.53. The company had a trading volume of 175,122 shares, compared to its average volume of 161,068. The company has a current ratio of 1.76, a quick ratio of 1.73 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $4.53 billion, a PE ratio of 23.15, a PEG ratio of 1.80 and a beta of 1.46. Caci International has a twelve month low of $121.60 and a twelve month high of $200.85.

Caci International (NYSE:CACI) last issued its quarterly earnings results on Wednesday, October 31st. The information technology services provider reported $3.10 EPS for the quarter, topping the consensus estimate of $2.02 by $1.08. Caci International had a net margin of 7.43% and a return on equity of 11.26%. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the previous year, the company earned $1.67 EPS. Caci International’s revenue was up 7.4% on a year-over-year basis. On average, research analysts predict that Caci International will post 10.15 EPS for the current year.

In other Caci International news, CFO Thomas A. Mutryn sold 4,995 shares of Caci International stock in a transaction that occurred on Tuesday, September 4th. The shares were sold at an average price of $196.00, for a total value of $979,020.00. Following the transaction, the chief financial officer now owns 32,055 shares of the company’s stock, valued at $6,282,780. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Thomas A. Mutryn sold 5,000 shares of Caci International stock in a transaction that occurred on Tuesday, August 21st. The shares were sold at an average price of $192.50, for a total transaction of $962,500.00. Following the completion of the transaction, the chief financial officer now directly owns 32,555 shares in the company, valued at approximately $6,266,837.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,731 shares of company stock valued at $2,080,561. Corporate insiders own 1.51% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. O Shaughnessy Asset Management LLC bought a new position in Caci International in the third quarter valued at approximately $117,000. Laurel Wealth Advisors Inc. bought a new position in Caci International in the second quarter valued at approximately $222,000. Iberiabank Corp bought a new position in Caci International in the third quarter valued at approximately $250,000. Janney Montgomery Scott LLC bought a new position in Caci International in the second quarter valued at approximately $233,000. Finally, Aviance Capital Management LLC bought a new position in Caci International in the second quarter valued at approximately $314,000. 89.07% of the stock is currently owned by hedge funds and other institutional investors.

Caci International Company Profile

CACI International Inc, together with its subsidiaries, provides information solutions and services in North America and internationally. The company offers business systems solutions in the areas of financial, human capital, asset and materials, and administrative management; develops, integrates, and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge.

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