Jefferies Group Reiterates Hold on CACI International (CACI)

By admin | 6 years ago

CACI International (NASDAQ: CACI)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Group (NYSE: JEF) in a note issued to investors on Monday.

Shares of CACI International opened at 48.45 on Monday. CACI International has a 52 week low of $46.36 and a 52 week high of $66.49. The company has a market cap of $1.286 billion and a P/E ratio of 8.34.

CACI International last announced its earnings results on Wednesday, May 2nd. The company reported $1.45 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.44 by $0.01. CACI International’s revenue was up 1.6% compared to the same quarter last year. On average, analysts predict that CACI International will post $1.34 earnings per share next quarter.

Several other analysts have also recently commented on the stock. Analysts at RBC Capital (NYSE: RY) cut their price target on shares of CACI International from $79.00 to $65.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Credit Suisse (NYSE: CS) downgraded shares of CACI International from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, May 3rd. Finally, analysts at Morgan Stanley (NYSE: MS) initiated coverage on shares of CACI International in a research note to investors on Friday, March 16th. They set an “overweight” rating on the stock.

CACI International Inc (CACI), along with its wholly owned subsidiaries and joint ventures, is an international information systems, high technology services, and professional services corporation.

About the author