After SunTrust Robinson and Citigroup gave Caci International (NYSE: CACI) a Buy rating last month, the company received another Buy, this time from Wells Fargo. Analyst Edward Caso maintained a Buy rating on Caci International today. The company’s shares closed last Thursday at $250.14.
According to TipRanks.com, Caso is a 4-star analyst with an average return of 7.6% and a 64.5% success rate. Caso covers the Technology sector, focusing on stocks such as International Business Machines, DXC Technology Company, and Science Applications.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Caci International with a $285.63 average price target, implying an 11.6% upside from current levels. In a report issued on April 20, Citigroup also upgraded the stock to Buy with a $285.00 price target.
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Caci International’s market cap is currently $6.4B and has a P/E ratio of 23.90. The company has a Price to Book ratio of -4.66.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CACI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
CACI International, Inc. operates as holding company, which engages in the provision of information solutions and services in support of national security missions and government transformation for intelligence, defense, and federal civilian customers. It operates through the Domestic Operations and International Operations segment. The Domestic Operations segment offers information solutions and services to U.S. federal government agencies, state and local governments, and commercial enterprises to different market areas, including business systems, command and control, communications, cyber security, enterprise information technology (IT), health, intelligence services, investigation and litigation support, logistics and material readiness, and surveillance and reconnaissance. The International Operations segment includes the provision of IT services and proprietary data and software products, serving commercial and government customers. The company was founded by Herb Karr and Harry Markowitz in July 1962 and is headquartered in Arlington, VA.
