Stock of The Day: Does CACI International Inc Have More Gas After Reaching All-Time High?

Stock of The Day: Does CACI International Inc Have More Gas After Reaching All Time High?

The stock of CACI International Inc (NYSE:CACI) reached all time high today, Nov, 29 and still has $134.67 target or 3.00% above today’s $130.75 share price. This indicates more upside for the $3.18B company. This technical setup was reported by Barchart.com. If the $134.67 PT is reached, the company will be worth $95.40 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 82,915 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 earnings per share, down 10.00% or $0.16 from last year’s $1.6 per share. CACI’s profit will be $35.02M for 22.70 P/E if the $1.44 EPS becomes a reality. After $1.95 actual earnings per share 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. Caci International Inc has been the topic of 26 analyst reports since July 28, 2015 according to StockzIntelligence Inc. On Wednesday, January 20 the stock rating was reinitiated by Jefferies with “Hold”. As per Tuesday, December 8, the company rating was maintained by Maxim Group. The firm has “Outperform” rating by Credit Suisse given on Monday, January 18. The firm has “Buy” rating by Drexel Hamilton given on Wednesday, November 16. On Thursday, October 29 the stock rating was maintained by Maxim Group with “Buy”. The stock of CACI International Inc (NYSE:CACI) earned “Hold” rating by Noble Financial on Tuesday, November 15. The company was upgraded on Friday, February 5 by Citigroup. The firm earned “Sector Perform” rating on Friday, June 24 by RBC Capital Markets. The company was upgraded on Thursday, January 7 by Wells Fargo. The firm earned “Market Perform” rating on Thursday, June 23 by Wells Fargo.

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 increased, 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.
Teacher Retirement Of Texas, a Texas-based fund reported 3,220 shares. State Street holds 0% or 490,099 shares in its portfolio. Quantitative Inv Mngmt Ltd Llc accumulated 0.05% or 12,300 shares. Gotham Asset Mgmt Lc last reported 3,820 shares in the company. Stephens Inc Ar accumulated 0.04% or 11,095 shares. Clark Cap Management Grp Incorporated accumulated 0.02% or 2,639 shares. Walleye Trading Llc reported 79 shares or 0% of all its holdings. Los Angeles Management And Equity Rech Incorporated last reported 5,627 shares in the company. Babson Capital Mngmt Ltd Liability Corp owns 4,500 shares or 0.01% of their US portfolio. Oregon Employees Retirement Fund reported 4,018 shares or 0.01% of all its holdings. Proshare Advsrs Limited Liability has 4,421 shares for 0.01% of their US portfolio. Cornercap Investment Counsel last reported 5,490 shares in the company. Moreover, State Board Of Administration Of Florida Retirement Systems has 0.01% invested in CACI International Inc (NYSE:CACI) for 21,590 shares. Rothschild Asset holds 0.13% of its portfolio in CACI International Inc (NYSE:CACI) for 77,395 shares. Mesirow Invest Mngmt accumulated 234,058 shares or 1.23% of the stock.

Insider Transactions: Since June 7, 2016, the stock had 0 buys, and 11 selling transactions for $1.32 million net activity. 400 shares with value of $40,164 were sold by Johnson Gregory G on Friday, September 2. Pavitt James L had sold 1,000 shares worth $98,445 on Thursday, August 25. PHILLIPS WARREN R also sold $25,176 worth of CACI International Inc (NYSE:CACI) on Thursday, September 1. $97,286 worth of CACI International Inc (NYSE:CACI) was sold by REVOILE CHARLES P. MUTRYN THOMAS A sold $276,885 worth of stock or 2,637 shares. Wallace William S had sold 105 shares worth $12,689.

Another recent and important CACI International Inc (NYSE:CACI) news was published by Bizjournals.com which published an article titled: “​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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