Why CACI International Inc. Cl A (NYSE:CACI)’s trend might change?


Shares of CACI International Inc (NYSE:CACI) have moved -2.78% so far in 2017 and they are now 21.01%% from where the price during the same period last year.

Over the past six months the shares price has moved -4.28%, while it has moved -1.19% over the previous quarter. Over the last week and the past one month, the shares price has moved -4.81% and -2.74%, respectively.

The Barchart Technical Opinion rating is a 48% Sell with a Weakening short term outlook on maintaining the current direction. Longer term, the trend strength is Average. Long term indicators fully support a continuation of the trend. The market is in highly oversold territory. Beware of a trend reversal.

Recently, CACI International Inc (NYSE:CACI) stated that studying the technical demonstrates its 20-Day Simple Moving Average is $-2.92% and 50-Day Simple Moving Average is $-0.78% while 200-Day Simple Moving Average is $2.23%.

The stock has dropped to a low of $7.81% over the previous 50 days and made a high of $-8.76% over the same period. Though, the stock’s price range in the previous 12 months is a high of $-10.71% and a low of $38.41%.

Analysts following CACI International Inc have a mean recommendation of 2.30 on its stock. Recommendation of 1 indicates STRONG BUY, 3 shows HOLD and 5 indicates SELL.

The stock is trading around $120.85, but it should be trading around $138.21 by the close of the next 12 months as per the analysts.

The equity’s average volume, which is the mean of three months, is 129.14K, while its relative volume is 1.74.

Insiders own 0.20% of CACI International Inc, while institutional investors hold 92.40% of the company.

Of the firm?s 25.39M shares due, 24.17M are free float. Of the floating shares, 0.78% are sold short, which brings short ratio to 1.46.

CACI International Inc posted EPS for the preceding fiscal year and the ongoing year’s EPS is projected to increase 11.30%% over the previous year’s EPS.

The firm’s next earnings date is planned for Jun 21/a.

CACI International Inc (NYSE:CACI), a leading information solutions and services provider to the federal government, issued its guidance for its Fiscal Year 2018 (FY18) which begins July 1, 2017, and reiterated its Fiscal Year 2017 (FY17) guidance.