Booz Allen Hamilton (NYSE:BAH) issued its earnings results on Friday. The business services provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.07, MarketWatch Earnings reports. The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.97 billion. Booz Allen Hamilton had a net margin of 6.47% and a return on equity of 53.41%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.83 earnings per share. Booz Allen Hamilton updated its FY 2021
Pre-Market guidance to 3.40-3.60 EPS and its FY21 guidance to $3.40-3.60 EPS.
Shares of NYSE BAH opened at $81.76 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 2.66. Booz Allen Hamilton has a 12-month low of $54.37 and a 12-month high of $82.22. The firm has a market capitalization of $11.30 billion, a price-to-earnings ratio of 24.05, a price-to-earnings-growth ratio of 2.17 and a beta of 0.81. The firm has a 50 day moving average of $76.17 and a 200 day moving average of $74.79.
In other Booz Allen Hamilton news, Director Gretchen W. Mcclain sold 2,000 shares of Booz Allen Hamilton stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $78.13, for a total transaction of $156,260.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Elizabeth M. Thompson sold 15,000 shares of Booz Allen Hamilton stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $80.20, for a total transaction of $1,203,000.00. The disclosure for this sale can be found here. 2.00% of the stock is owned by insiders.
Several research analysts have issued reports on BAH shares. SunTrust Banks decreased their target price on shares of Booz Allen Hamilton from $88.00 to $84.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Cowen began coverage on shares of Booz Allen Hamilton in a research note on Tuesday, May 26th. They issued a “buy” rating and a $82.00 price target for the company. Goldman Sachs Group lowered shares of Booz Allen Hamilton from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $88.00 to $79.00 in a research note on Monday, April 20th. Wells Fargo & Co reiterated a “buy” rating on shares of Booz Allen Hamilton in a research note on Friday. Finally, Raymond James lowered shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 8th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $82.42.
Booz Allen Hamilton Company Profile
Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.
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