Booz Allen Hamilton Holding Co. (NYSE:BAH – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $159.78.
Several brokerages have issued reports on BAH. TD Cowen upped their target price on Booz Allen Hamilton from $158.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. Wells Fargo & Company upped their price objective on shares of Booz Allen Hamilton from $158.00 to $169.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 28th. Stifel Nicolaus lifted their target price on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Barclays upped their price target on shares of Booz Allen Hamilton from $135.00 to $153.00 and gave the company an “underweight” rating in a research report on Wednesday, May 29th. Finally, Jefferies Financial Group lifted their price objective on Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a report on Wednesday, May 29th.
Get Our Latest Stock Analysis on Booz Allen Hamilton
Insider Transactions at Booz Allen Hamilton
Institutional Trading of Booz Allen Hamilton
A number of hedge funds and other institutional investors have recently modified their holdings of BAH. Price T Rowe Associates Inc. MD grew its stake in shares of Booz Allen Hamilton by 2.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 10,406,880 shares of the business services provider’s stock worth $1,544,798,000 after buying an additional 222,884 shares during the last quarter. Morgan Stanley grew its stake in shares of Booz Allen Hamilton by 4.2% in the third quarter. Morgan Stanley now owns 4,924,570 shares of the business services provider’s stock worth $538,108,000 after acquiring an additional 199,449 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Booz Allen Hamilton by 19.3% during the third quarter. Ameriprise Financial Inc. now owns 4,546,664 shares of the business services provider’s stock valued at $497,084,000 after acquiring an additional 736,404 shares in the last quarter. WCM Investment Management LLC raised its position in shares of Booz Allen Hamilton by 0.5% in the 1st quarter. WCM Investment Management LLC now owns 4,252,168 shares of the business services provider’s stock worth $631,192,000 after purchasing an additional 22,708 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Booz Allen Hamilton by 30.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,968,252 shares of the business services provider’s stock worth $324,341,000 after purchasing an additional 686,318 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.
Booz Allen Hamilton Price Performance
BAH stock opened at $150.93 on Thursday. The firm has a 50 day simple moving average of $152.01 and a two-hundred day simple moving average of $143.93. The stock has a market cap of $19.52 billion, a PE ratio of 32.81, a P/E/G ratio of 1.83 and a beta of 0.57. Booz Allen Hamilton has a one year low of $106.90 and a one year high of $164.43. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.62 and a quick ratio of 1.62.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its earnings results on Friday, May 24th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.10. Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. The company had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.71 billion. During the same period in the previous year, the business earned $1.01 earnings per share. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. On average, analysts predict that Booz Allen Hamilton will post 6.04 EPS for the current fiscal year.
Booz Allen Hamilton Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 13th were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend was Thursday, June 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 44.35%.
Booz Allen Hamilton Company Profile
Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.
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