Truist Financial Has Lowered Expectations for Booz Allen Hamilton (NYSE:BAH) Stock Price

Booz Allen Hamilton (NYSE:BAH) had its target price dropped by investment analysts at Truist Financial from $98.00 to $85.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the business services provider’s stock. Truist Financial’s price target points to a potential upside of 4.00% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Citigroup decreased their price objective on shares of Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. Weiss Ratings raised shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, April 9th. Stifel Nicolaus increased their price objective on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the company a “hold” rating in a report on Monday, January 26th. UBS Group reaffirmed a “neutral” rating and set a $97.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Finally, William Blair reissued an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. One equities research analyst has rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $94.17.

Booz Allen Hamilton Stock Performance

BAH opened at $81.73 on Monday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The company has a market cap of $9.86 billion, a price-to-earnings ratio of 12.14, a PEG ratio of 4.72 and a beta of 0.35. Booz Allen Hamilton has a 52-week low of $73.93 and a 52-week high of $130.91. The firm’s fifty day simple moving average is $79.80 and its two-hundred day simple moving average is $86.34.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Friday, January 23rd. The business services provider reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.51. The business had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.74 billion. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The company’s revenue was down 10.2% compared to the same quarter last year. During the same period last year, the firm posted $1.55 earnings per share. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. Equities analysts anticipate that Booz Allen Hamilton will post 6.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Booz Allen Hamilton

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in Booz Allen Hamilton by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 13,946,447 shares of the business services provider’s stock worth $1,176,522,000 after purchasing an additional 227,141 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in Booz Allen Hamilton by 38.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 6,528,226 shares of the business services provider’s stock worth $550,722,000 after purchasing an additional 1,811,906 shares during the period. First Trust Advisors LP raised its stake in Booz Allen Hamilton by 36.0% during the fourth quarter. First Trust Advisors LP now owns 4,856,528 shares of the business services provider’s stock worth $409,697,000 after purchasing an additional 1,285,475 shares during the period. Primecap Management Co. CA raised its stake in Booz Allen Hamilton by 135.2% during the fourth quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider’s stock worth $393,649,000 after purchasing an additional 2,682,460 shares during the period. Finally, State Street Corp raised its stake in Booz Allen Hamilton by 53.2% during the fourth quarter. State Street Corp now owns 4,402,897 shares of the business services provider’s stock worth $371,428,000 after purchasing an additional 1,528,739 shares during the period. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.