Booz Allen Hamilton (NYSE:BAH) issued its quarterly earnings data on Friday. The business services provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07, MarketWatch Earnings reports. The firm had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.97 billion. Booz Allen Hamilton had a net margin of 6.47% and a return on equity of 53.41%. Booz Allen Hamilton’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. 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 Booz Allen Hamilton stock opened at $81.76 on Friday. Booz Allen Hamilton has a one year low of $54.37 and a one year high of $82.22. The company has a market cap of $11.30 billion, a PE ratio of 24.05, a P/E/G ratio of 2.17 and a beta of 0.81. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.75 and a current ratio of 1.75. The business has a 50-day simple moving average of $76.17 and a 200-day simple moving average of $74.79.
Several brokerages recently issued reports on BAH. Goldman Sachs Group lowered shares of Booz Allen Hamilton from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $88.00 to $79.00 in a report on Monday, April 20th. Wells Fargo & Co restated a “buy” rating on shares of Booz Allen Hamilton in a report on Friday. Raymond James lowered shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 8th. JPMorgan Chase & Co. boosted their price objective 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. Finally, 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 report on Tuesday, April 14th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Booz Allen Hamilton currently has an average rating of “Buy” and an average target price of $82.42.
In other news, Director Gretchen W. Mcclain sold 2,000 shares of the business’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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Elizabeth M. Thompson sold 15,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $80.20, for a total value of $1,203,000.00. The disclosure for this sale can be found here. Insiders own 2.00% 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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