- CACI International (CACI) demonstrates robust growth, strong profitability, and exceptional price momentum.
- Shares are trading at a new all-time high.
- CACI stock is up 20% over the past year.
- Analyst sentiment is overwhelmingly positive, with multiple “Strong Buy” ratings.
Today’s Featured Stock
Valued at $15 billion, CACI International (CACI) provides IT and network solutions for the defense, intelligence, and e-government industries. CACI customizes, implements, and maintains ERP systems, including financial, human capital, and supply chain management systems. It also designs, develops, integrates, deploys, and sustains enterprise-wide IT systems in a variety of models.
What I’m Watching
I found today’s Chart of the Day by using Barchart’s powerful screening functions to sort for stocks with the highest technical buy signals and superior current momentum. I then used Barchart’s Flipcharts feature to review the charts for consistent price appreciation. CACI checks those boxes. The Trend Seeker issued a new “Buy” signal on Oct. 26. Since that signal, CACI is up 1.65%.
Barchart’s Technical Indicators for CACI International
Editor’s Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report. These technical indicators form the Barchart Opinion on a particular stock.
CACI International hit an all-time high of $689.15 on Oct. 30.
- CACI International has a Weighted Alpha of 13.16.
- CACI has a 100% “Buy” opinion from Barchart.
- The stock has gained 20.23% over the past 52 weeks.
- CACI International has its Trend Seeker “Buy” signal intact.
- The stock recently traded at $676.92 with a 50-day moving average of $625.35.
- CACI had 6 highs and gained 9.91% in the last month.
- 60-month beta of 0.59.
- Relative Strength Index (RSI) is at 69.62.
- There’s a technical support level around $665.92.
Don’t Forget the Fundamentals
- $15 billion market capitalization.
- 22x trailing price-earnings ratio.
- Revenue is expected to grow 12.98% this year and another 6.64% next year.
- Earnings are estimated to increase 13.65% this year and an additional 13.14% next year.
Analyst and Investor Sentiment on CACI International
- Wall Street analysts followed by Barchart give the stock 13 “Strong Buy,” 3 “Hold,” and 1 “Strong Sell” opinion with price targets from $540 to $925.
- Value Line rates the stock “Above Average” with price targets from $695 to $1,040.
- Morningstar thinks the stock is fairly valued.
- CFRA’s MarketScope rates the stock a “Buy” with a price target of $710.
- 9,650 investors are following the stock on Seeking Alpha, which rates it a “Strong Buy.”
- TipRanks’ analysts have a consensus price target of $763.50.
- Short interest is 4.29% of the float with 4.01 days to cover.
The Bottom Line on CACI International
CACI stands out with robust growth, strong profitability measures, stellar stock momentum over the past year, and overwhelmingly positive revisions in forward earnings estimates. Most analysts have price targets above today’s trading range and short interest is a reasonable 4.29%. I can’t see the reason for the single “Strong Sell” opinion.
Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio, it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance.
On the date of publication, Jim Van Meerten did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.