According to Stock Target Advisor, equity analysts at Truist Financial raised their price target for CACI International (NYSE: CACI) in a research note given to investors on Friday. The new price target is $345.00, up from the previous price target of $310.00. On Friday, the note was distributed to various investors. A recommendation to “buy” has been made by the company regarding the company’s stock that provides information technology services. Based on the stock’s current price and the price target given by Truist Financial, there is a chance that the stock’s value will rise by 15.52 percent.
Other research analysts also recently issued reports on the stocks that were just recently made public. These reports were released recently. In July, Robert W. Baird began providing coverage for CACI International shares in a research report made available to the public on July 20. They assigned the company an “outperform” rating and projected that the stock price would reach $335.00 per share by the end of the year. On Wednesday, October 12, a report published online by StockNews.com included CACI International shares as part of the website’s expanded research coverage of the company. They suggested that an interested party purchase the company.
Last but not least, in a research note published on Friday, August 12, Morgan Stanley increased their price target on CACI International shares from $311.00 to $317.00 and categorized the company as “equal weight.” There are a total of six equity research analysts who have assigned a buy rating to the stock, while there are only three who have assigned a hold rating to the stock. According to the information on Bloomberg.com, the current consensus recommendation for CACI International is “Moderate Buy,” The company’s price objective is an average of $328.86. The information also shows that the average price target for the company is $328.86.
On Friday morning, the price of NYSE CACI rose by $3.76, bringing it to $298.66. This occurred during the morning session of trading. The total number of shares traded by the company was 2,479, which is relatively low compared to the daily average of 127,927 shares. The moving average of the company’s stock price over the past 200 days is $277.25, and the moving average over the last 50 days is $272.28. The debt-to-equity ratio is calculated to be 0.56, the current ratio is calculated to be 1.18, and the quick ratio is calculated to be 1.18. The stock’s price-to-earnings ratio is 19.18, and its price-to-earnings-growth rate is 2.28. The stock’s beta value is 0.92. The amount that the company is currently valued at on the market is $6.99 billion. The price of CACI International shares has ranged from a low of $238.29 to a high of $313.52 over the past 52 weeks.
In a report made available to the general public on August 10, CACI International (NYSE: CACI) shared its findings with the public. The company that provides services associated with information technology reported earnings per share for the quarter of $4.54, which is $0.01 more than the estimate compiled by most analysts, which was $4.53. It is clear that CACI International had a successful performance, as evidenced by its net margin of 5.91% and return on equity of 14.52%. However, the revenue the company could only bring in during the quarter was $1.64 billion, significantly lower than the $1.66 billion projected by analysts to be brought in during the quarter. The same period the previous year brought in a profit of $6.26 per share for the company. In addition, the annual growth rate of the company’s quarterly revenue was 5% higher than the previous year. According to stock analysts, the earnings forecast for CACI International for this year is 18.2 cents per share. This forecast was derived from information obtained from stock markets.
On September 16, CACI International Director Gregory G. Johnson sold 300 of the company’s shares of stock, bringing the total number of shares he has sold to 1,500. This is another recent piece of news concerning CACI International. The total amount paid for the shares, which came to $276.85, was $83,055.00, the average price they paid. This was the total amount paid for the shares. Following the completion of the transaction, the director will now have a direct ownership stake in 5,790 shares of the company’s stock, which at the moment have an approximate value of $1,602,961.50. The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed entirely by following the link provided in the previous sentence. The documentation was provided to the SEC. On September 16, Gregory G. Johnson, a CACI International director, sold 300 shares of the company’s stock. Gregory G. Johnson is a director at CACI International. Friday was the day that the transaction took place.
The total amount paid for the shares, which came to $276.85, was $83,055.00, the average price they paid. This was the total amount paid for the shares. Following the completion of the transaction, the director will now have a direct ownership stake in 5,790 shares of the company’s stock, which at the moment have an approximate value of $1,602,961.50. Because of the filing with the SEC, information regarding the transaction is now available to the general public. On the website of the SEC, you can locate this particular file. In addition, 1,695 shares of CACI International stock were sold on August 17 by the Chief Financial Officer of the company, Thomas A. Mutryn. It was determined that each share was sold at an average price of $285.00, which resulted in a total sales volume of $483,075.00. The price at which the shares were sold was determined. As a direct consequence of the transaction, the chief financial officer now owns 32,066 shares in the company. The current market value of these shares is $9,138,810. Disclosures that are related to the sale might be found in this section of the website. Currently, approximately 1.23% of the company’s stock is owned by insiders.
Recent months have seen several institutional investors adjust how they hold their CACI shares. The California Public Employees’ Retirement System increased the proportion of its portfolio invested in CACI International by 91.6% during the second quarter of this fiscal year. The California Public Employees Retirement System now holds a total of 93,944 shares of the stock of the information technology services provider after purchasing an additional 44,903 shares during the most recent quarter. This brings the total number of shares held by the fund to a total of 93,944. The value of these shares on the market as of right now is $26,472,000. During the second quarter, Rhumbline Advisers increased the amount of CACI International stock owned by 5.3%, bringing the total amount of stock it owned to 100%. Following the acquisition of an additional 3,673 shares during the most recent quarter, Rhumbline Advisers now holds a total of 72,834 shares of the stock of the information technology services provider. The value of these shares on the market as of right now is $20,523,000. Martingale Asset Management L.P. increased the proportion of CACI International shares it owned by 6.2% during the first three months. Martingale Asset Management L.P. now has 65,685 shares of the publicly traded company that provides information technology services. These shares are $19,790,000, thanks to the acquisition of 3,850 additional shares during the most recent fiscal quarter. Private Capital Advisors Inc. increased the percentage of CACI International stock owned by 3.1% during the year’s first three months. After purchasing 1,975 additional shares during the most recent quarter, Private Capital Advisors Inc. now has 64,737 shares of the information technology services provider’s stock. Based on the current market price, this gives the company a value of $19,503,000.
Additionally, GW&K Investment Management LLC added 12.9 percentage points worth more CACI International shares to its portfolio during the year’s first three months. GW&K Investment Management LLC now has a total of 55,073 shares of the common stock of the information technology services provider after purchasing an additional 6,301 shares during the most recent quarter. The current value of these shares, when traded on the market, is $16,591,000. Hedge funds and other types of institutional investors hold a collective 88.34% of the outstanding shares of the company’s stock. These investors own the stock individually.
CACI International Inc. and its subsidiaries offer their expertise and technological solutions to enterprise and mission customers to support the government’s efforts to modernize and transform the intelligence, defense, and federal civilian sectors. The business has two separate parts: the domestic operations division and the international operations division.
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