A number of other equities research analysts have also recently commented on BAH. JPMorgan Chase & Co. upped their target price on shares of Booz Allen Hamilton from $69.00 to $81.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Stifel Nicolaus downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating and reduced their price objective for the company from $90.00 to $85.00 in a research note on Thursday, April 2nd. Morgan Stanley lifted their target price on Booz Allen Hamilton from $79.00 to $84.00 and gave the company an “overweight” rating in a research note on Tuesday, April 14th. Citigroup raised Booz Allen Hamilton from a “neutral” rating to a “buy” rating and boosted their target price for the company from $80.00 to $90.00 in a report on Monday, April 20th. Finally, Raymond James downgraded Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 8th. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $82.42.
Shares of NYSE BAH opened at $81.76 on Friday. The business has a 50-day moving average price of $76.17 and a 200 day moving average price of $74.79. The stock has a market cap of $11.30 billion, a PE ratio of 24.05, a price-to-earnings-growth ratio of 2.17 and a beta of 0.81. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 2.66. Booz Allen Hamilton has a 52-week low of $54.37 and a 52-week high of $82.22.
Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, July 31st. The business services provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. Booz Allen Hamilton had a net margin of 6.47% and a return on equity of 53.41%. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.97 billion. During the same period last year, the firm posted $0.83 earnings per share. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. Sell-side analysts anticipate that Booz Allen Hamilton will post 3.55 earnings per share for the current year.
In related news, EVP Elizabeth M. Thompson sold 15,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $80.20, for a total transaction of $1,203,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Gretchen W. Mcclain sold 2,000 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $78.13, for a total transaction of $156,260.00. The disclosure for this sale can be found here. 2.00% of the stock is owned by insiders.
Several hedge funds have recently bought and sold shares of the company. Shine Investment Advisory Services Inc. boosted its stake in shares of Booz Allen Hamilton by 186.6% during the 1st quarter. Shine Investment Advisory Services Inc. now owns 407 shares of the business services provider’s stock worth $28,000 after acquiring an additional 265 shares in the last quarter. Column Capital Advisors LLC purchased a new stake in Booz Allen Hamilton during the first quarter worth $38,000. Sowell Financial Services LLC grew its holdings in Booz Allen Hamilton by 123.1% in the first quarter. Sowell Financial Services LLC now owns 580 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 320 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in Booz Allen Hamilton by 705.2% in the first quarter. Exchange Traded Concepts LLC now owns 620 shares of the business services provider’s stock valued at $43,000 after purchasing an additional 543 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC purchased a new position in shares of Booz Allen Hamilton in the second quarter valued at $44,000. Institutional investors own 91.41% of the company’s stock.
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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