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CACI International has IT Solutions

Barchart - Thu Oct 17, 7:00AM CDT

S  Summary

  • CACI International has gained 52% since July 13 and shows strong technical buy signals, including a Trend Seeker buy signal with a 10.71% gain since September 13.
  • The company provides technology and expertise for national security, operating through Domestic and International segments, with significant growth in digital, C4ISR, cyber, and space solutions.
  • Barchart's technical indicators show 100% buy signals, a 67.04+ Weighted Alpha, and a 55.14% gain in the last year, with strong support and moving averages.
  • Analysts' sentiment is positive with multiple strong buy ratings and price targets up to $577, though MorningStar rates it slightly overvalued at $484.28.

Author's Note: CACI was last featured on 7/13 when it traded at $346.69 and has since gained 52%

The Chart of the Day belongs to the IT technology company CACI International (CACI)  . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 9/13 the stock gained 10.71%. 

CACI Price vs Daily Moving Averages

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations. The Domestic Operations segment offers digital solutions by modernizing enterprise and agency-unique applications, enterprise infrastructure, and business processes; C4ISR solutions, including command, control, communications, and computer (C4), as well as intelligence, surveillance, and reconnaissance (ISR) technology and networks; and cyber solutions for cybersecurity, cyberspace, electronic warfare, and signals intelligence operations. This segment also provides space solutions, comprising intelligence fusion, data analytic, and decision support, as well as logistics solutions; engineering services, such as platform integration, modernization and sustainment, system engineering, naval architecture, training and simulation, and logistics engineering; design, implement, protect, and manage secure enterprise IT solutions for federal agencies; and mission support solutions, that include analytic services, as well as scenario-based instruction across the spectrum of intelligence processing, collection, and products. The International Operations segment provides a range of IT services, proprietary data, and software products to the commercial and government customers in the United Kingdom, continental Europe, and internationally. The company was founded in 1962 and is headquartered in Reston, Virginia. 

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the 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.

Barchart Technical Indicators:

  • 100% technical buy signals
  • 67.04+ Weighted Alpha
  • 55.14% gain in the last year
  • Trend Seeker buy signal
  • .93 - 60 month Beta
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 7.58% in the last month
  • Relative Strength Index 75.17%
  • Technical support level at $524.43
  • Recently traded at $528.43 with 50 day moving average of $485.95

Fundamental Factors:

  • Market Cap $11.75 billion
  • P/E 25.06
  • Revenue expected to grow 5.30% this year and another 5.30% next year
  • Earnings are estimated to increase 9.90% this year, increase an additional 10.90% next year and continue to increase at a compounded annual rate of 11.90% for the next 5 years

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

  • Wall Street analyst gave 7 strong buy, 2 buy and 3 hold opinions on the stock
  • Analysts' price targets are between $471 and $577
  • Value Line rates the stock its above average rating of 2 with a price targets between $382 and $574
  • CFRAs MarketScope rates the stock a 5 star strong buy with a price target of $540.00
  • MorningStar give the stock its below average rating of 2 with a fair value of $484.28 or 8% over valued
  • 6,640 investors monitor the stock on Seeking Alpha

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 and reevaluate your stop losses at least on a weekly basis.

 

 


 


On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions 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.