Noble Financial Downgrades CACI International (CACI) to Hold

Noble Financial lowered shares of CACI International (NYSE:CACI) to a hold rating in a research report released on Friday, February 2nd, The Fly reports. The analysts noted that the move was a valuation call.

A number of other brokerages also recently issued reports on CACI. Maxim Group increased their target price on CACI International from $159.00 to $174.00 and gave the stock a buy rating in a research note on Thursday, February 1st. Jefferies Group reissued a buy rating and set a $168.00 target price on shares of CACI International in a research note on Thursday, February 1st. ValuEngine raised CACI International from a hold rating to a buy rating in a research note on Friday, February 2nd. SunTrust Banks reissued a hold rating and set a $155.00 target price on shares of CACI International in a research note on Friday, February 2nd. Finally, Wells Fargo & Co raised CACI International from a market perform rating to an outperform rating and set a $158.00 target price for the company in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company. CACI International presently has an average rating of Buy and a consensus price target of $152.55.

CACI International (CACI) traded up $1.50 during trading on Friday, reaching $143.95. The company’s stock had a trading volume of 173,807 shares, compared to its average volume of 168,233. CACI International has a 52 week low of $112.10 and a 52 week high of $159.40. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.54. The firm has a market cap of $3,545.20, a PE ratio of 20.45, a price-to-earnings-growth ratio of 1.29 and a beta of 1.63.

CACI International (NYSE:CACI) last posted its quarterly earnings data on Wednesday, January 31st. The information technology services provider reported $2.00 earnings per share for the quarter, missing analysts’ consensus estimates of $2.29 by ($0.29). The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. CACI International had a return on equity of 9.64% and a net margin of 6.13%. The firm’s revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.69 earnings per share. equities analysts predict that CACI International will post 11.14 EPS for the current year.

In other CACI International news, CFO Thomas A. Mutryn sold 4,743 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $150.00, for a total transaction of $711,450.00. Following the completion of the transaction, the chief financial officer now owns 37,555 shares of the company’s stock, valued at $5,633,250. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director J Phillip London sold 11,161 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $145.00, for a total value of $1,618,345.00. Following the transaction, the director now directly owns 75,000 shares of the company’s stock, valued at approximately $10,875,000. The disclosure for this sale can be found here. Insiders sold a total of 15,995 shares of company stock valued at $2,341,084 over the last ninety days. 1.44% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the business. Amalgamated Bank boosted its holdings in shares of CACI International by 1.4% during the second quarter. Amalgamated Bank now owns 3,341 shares of the information technology services provider’s stock worth $418,000 after purchasing an additional 47 shares during the last quarter. Teachers Retirement System of The State of Kentucky boosted its holdings in shares of CACI International by 2.0% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 19,529 shares of the information technology services provider’s stock worth $2,721,000 after purchasing an additional 392 shares during the last quarter. Cardinal Capital Management boosted its holdings in shares of CACI International by 7.8% during the third quarter. Cardinal Capital Management now owns 6,200 shares of the information technology services provider’s stock worth $863,000 after purchasing an additional 451 shares during the last quarter. Eagle Asset Management Inc. boosted its holdings in shares of CACI International by 0.3% during the third quarter. Eagle Asset Management Inc. now owns 140,425 shares of the information technology services provider’s stock worth $19,968,000 after purchasing an additional 473 shares during the last quarter. Finally, Wedge Capital Management L L P NC boosted its holdings in shares of CACI International by 18.3% during the fourth quarter. Wedge Capital Management L L P NC now owns 3,165 shares of the information technology services provider’s stock worth $419,000 after purchasing an additional 490 shares during the last quarter. 88.34% of the stock is owned by institutional investors.

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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.

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