CACI International Inc (CACI) is Reiterated by Maxim Group to Buy, Raises Price Target to $ 150

CACI International Inc (CACI) was Reiterated by Maxim Group to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 150 from a previous price target of $115 . Maxim Group advised their investors in a research report released on Nov 30, 2016.

Many Wall Street Analysts have commented on CACI International Inc. CACI International Inc was Initiated by Drexel Hamilton to “Buy” on Nov 16, 2016.

On the company’s financial health, CACI International Inc reported $1.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.26 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $1.21. The company had revenue of $1073.28 million for the quarter, compared to analysts expectations of $1017.06 million. The company’s revenue was up 30.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.40 EPS.

CACI International Inc opened for trading at $128.9 and hit $131 on the upside on Tuesday, eventually ending the session at $130.65, with a gain of 1.95% or 2.5 points. The heightened volatility saw the trading volume jump to 1,64,898 shares. Company has a market cap of $3,185 M.

In a different news, on Nov 15, 2016, William S Wallace (director) sold 105 shares at $120.85 per share price. According to the SEC, on Nov 14, 2016, Gregory G Johnson (director) sold 300 shares at $118.84 per share price. On Nov 10, 2016, Thomas A Mutryn (Exec VP & CFO) sold 6,129 shares at $110.00 per share price, according to the Form-4 filing with the securities and exchange commission.

CACI International Inc (CACI) is a simulation technology company. The Company serves clients in the United States federal government and commercial markets throughout North America and internationally on behalf of United States customers as well as in the United Kingdom and the Netherlands. It operates two units: domestic operations and international operations. Its services are primarily targeted to the areas of defense intelligence homeland security and information technology (IT) modernization. It provides professional services and IT solutions to its domestic clients through its various service offerings which include Business Systems Command and Control (C2) Communications Cyber Security Enterprise IT Health Intelligence Services Intelligence Systems and Support Investigation and Litigation Support Logistics and Material Readiness and Surveillance and Reconnaissance. Its international operations provide IT services and data and software products.

CACI International Inc

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