The stock of CACI International Inc (NYSE:CACI) hit a new 52-week high and has $140.56 target or 8.00% above today’s $130.15 share price. The 8 months bullish chart indicates low risk for the $3.16 billion company. The 1-year high was reported on Nov, 29 by Barchart.com. If the $140.56 price target is reached, the company will be worth $252.80 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 62,817 shares traded hands. CACI International Inc (NYSE:CACI) has risen 18.05% since April 26, 2016 and is uptrending. It has outperformed by 12.79% the S&P500.
Analysts await CACI International Inc (NYSE:CACI) to report earnings on February, 1. They expect $1.44 EPS, down 10.00% or $0.16 from last year’s $1.6 per share. CACI’s profit will be $34.96M for 22.60 P/E if the $1.44 EPS becomes a reality. After $1.95 actual EPS reported by CACI International Inc for the previous quarter, Wall Street now forecasts -26.15% negative EPS growth.
CACI International Inc (NYSE:CACI) Ratings Coverage
Out of 10 analysts covering Caci International Inc (NYSE:CACI), 6 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 60% are positive. $120 is the highest target while $91 is the lowest. The $103.43 average target is -20.53% below today’s ($130.15) stock price. Caci International Inc has been the topic of 26 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of CACI International Inc (NYSE:CACI) earned “Outperform” rating by Credit Suisse on Friday, January 15. The rating was maintained by Stifel Nicolaus on Thursday, June 23 with “Buy”. The firm has “Market Perform” rating given on Thursday, June 23 by Wells Fargo. The firm has “Buy” rating by Maxim Group given on Thursday, August 13. Noble Financial upgraded CACI International Inc (NYSE:CACI) rating on Friday, August 14. Noble Financial has “Buy” rating and $97 price target. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, December 9. The company was initiated on Tuesday, July 28 by BB&T Capital. On Thursday, November 12 the stock rating was downgraded by Noble Financial to “Hold”. The stock has “Buy” rating given by Stifel Nicolaus on Thursday, October 29. The company was downgraded on Wednesday, December 9 by BB&T Capital.
According to Zacks Investment Research, “CACI International Inc provides the IT and network solutions needed to prevail in today’s new era of defense, intelligence, and e-government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Company’s solutions lead the transformation of defense and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively.”
Insitutional Activity: The institutional sentiment increased to 1.46 in 2016 Q2. Its up 0.53, from 0.93 in 2016Q1. The ratio improved, as 37 funds sold all CACI International Inc shares owned while 67 reduced positions. 21 funds bought stakes while 76 increased positions. They now own 21.41 million shares or 21.70% less from 27.34 million shares in 2016Q1.
Netols Asset Management accumulated 90,896 shares or 1.86% of the stock. Oregon Pub Employees Retirement Fund reported 4,018 shares or 0.01% of all its holdings. Babson Capital Mngmt Limited Com accumulated 4,500 shares or 0.01% of the stock. Guggenheim Cap Limited Liability Corp accumulated 0% or 15,689 shares. Raymond James Associate holds 2,655 shares or 0% of its portfolio. Westport Advisers Limited holds 35,000 shares or 0.58% of its portfolio. Wedge L Lp Nc last reported 0.15% of its portfolio in the stock. Allianz Asset Management Ag holds 0% of its portfolio in CACI International Inc (NYSE:CACI) for 38,029 shares. Moreover, Nomura Asset Management has 0% invested in CACI International Inc (NYSE:CACI) for 680 shares. Geode Management owns 170,703 shares or 0.01% of their US portfolio. The Texas-based Next Financial has invested 0% in CACI International Inc (NYSE:CACI). Art Lc has invested 0.03% of its portfolio in CACI International Inc (NYSE:CACI). Deutsche Retail Bank Ag accumulated 41,526 shares or 0% of the stock. The Illinois-based Zacks Invest has invested 0.05% in CACI International Inc (NYSE:CACI). The Texas-based Vaughan Nelson Invest Mgmt Ltd Partnership has invested 1.6% in CACI International Inc (NYSE:CACI).
Insider Transactions: Since June 7, 2016, the stock had 0 insider purchases, and 11 insider sales for $1.32 million net activity. 250 shares were sold by Johnson Gregory G, worth $25,388 on Wednesday, June 8. REVOILE CHARLES P sold $97,286 worth of stock. MUTRYN THOMAS A sold $674,190 worth of stock. Another trade for 105 shares valued at $9,890 was made by Wallace William S on Monday, August 15. 1,000 CACI International Inc (NYSE:CACI) shares with value of $98,445 were sold by Pavitt James L. $25,176 worth of CACI International Inc (NYSE:CACI) shares were sold by PHILLIPS WARREN R.
Another recent and important CACI International Inc (NYSE:CACI) news was published by Bizjournals.com which published an article titled: “â€‹Drexel Hamilton: CACI to pay down debt, make acquisitions and begin growing” on November 18, 2016.
CACI Company Profile
CACI International Inc (CACI), incorporated on October 8, 1985, is a simulation technology company. The Firm provides information solutions and services. The Firm operates through two divisions: domestic activities and international operations. The Firm 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. The Company’s primary clients are agencies and departments of the United States government.
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