Booz Allen Hamilton (NYSE:BAH – Get Free Report) had its price objective boosted by research analysts at Citigroup from $88.00 to $94.00 in a report released on Tuesday, Benzinga reports. The firm currently has a “neutral” rating on the business services provider’s stock. Citigroup‘s price objective suggests a potential upside of 6.69% from the company’s current price.
A number of other analysts have also recently issued reports on the stock. Wall Street Zen upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research note on Monday, October 19th. Truist Financial upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and increased their price target for the stock from $70.00 to $85.00 in a research note on Thursday, October 8th. Jefferies Financial Group cut their price target on shares of Booz Allen Hamilton from $80.00 to $75.00 and set a “hold” rating on the stock in a report on Wednesday, October 7th. Weiss Ratings raised shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, October 21st. Finally, UBS Group reiterated a “neutral” rating and issued a $86.00 price objective on shares of Booz Allen Hamilton in a report on Monday, October 26th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Booz Allen Hamilton currently has an average rating of “Hold” and a consensus price target of $89.71.
Get Our Latest Stock Report on BAH
Booz Allen Hamilton Stock Up 1.6%
Shares of NYSE:BAH traded up $1.41 during midday trading on Tuesday, hitting $88.11. 1,443,921 shares of the stock were exchanged, compared to its average volume of 2,086,547. Booz Allen Hamilton has a 52-week low of $59.50 and a 52-week high of $109.10. The business’s fifty day simple moving average is $76.60 and its two-hundred day simple moving average is $76.46. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.43 and a current ratio of 1.43. The company has a market capitalization of $10.45 billion, a PE ratio of 13.69, a P/E/G ratio of 2.01 and a beta of 0.28.
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its quarterly earnings results on Friday, October 23rd. The business services provider reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.28. Booz Allen Hamilton had a return on equity of 75.00% and a net margin of 7.14%. The business had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.81 billion. During the same period in the previous year, the company earned $1.49 EPS. The firm’s revenue was down 3.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. As a group, research analysts predict that Booz Allen Hamilton will post 6.61 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Booz Allen Hamilton news, EVP Buffum Fitzgerald sold 2,105 shares of the stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $82.90, for a total transaction of $174,504.50. Following the transaction, the executive vice president owned 5,087 shares in the company, valued at $421,712.30. This trade represents a 29.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Joshua Petty sold 1,500 shares of Booz Allen Hamilton stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $82.92, for a total transaction of $124,380.00. Following the completion of the transaction, the executive vice president directly owned 8,538 shares in the company, valued at approximately $707,970.96. This represents a 14.94% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.08% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. Security National Bank of SO Dak boosted its holdings in Booz Allen Hamilton by 0.8% in the second quarter. Security National Bank of SO Dak now owns 19,348 shares of the business services provider’s stock worth $1,174,000 after acquiring an additional 158 shares in the last quarter. Versant Capital Management Inc grew its stake in Booz Allen Hamilton by 30.8% in the third quarter. Versant Capital Management Inc now owns 768 shares of the business services provider’s stock valued at $53,000 after acquiring an additional 181 shares during the period. Ipsen Advisor Group LLC increased its holdings in shares of Booz Allen Hamilton by 3.5% during the third quarter. Ipsen Advisor Group LLC now owns 6,169 shares of the business services provider’s stock valued at $428,000 after acquiring an additional 208 shares in the last quarter. Global Retirement Partners LLC increased its holdings in shares of Booz Allen Hamilton by 73.9% during the third quarter. Global Retirement Partners LLC now owns 494 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 210 shares in the last quarter. Finally, Insight Advisors LLC PA raised its position in shares of Booz Allen Hamilton by 3.9% during the third quarter. Insight Advisors LLC PA now owns 5,736 shares of the business services provider’s stock worth $398,000 after purchasing an additional 213 shares during the period. Institutional investors own 91.82% of the company’s stock.
Booz Allen Hamilton Company Profile
Booz Allen Hamilton is a management and technology consulting firm that helps government and commercial clients address complex operational and technical challenges. Its services include strategy and organizational consulting, digital transformation, systems engineering, data analytics, artificial intelligence, and cybersecurity. The company has a substantial focus on U.S. federal government work, supporting defense, intelligence, and civilian agencies on national security and public-sector missions.
Further Reading
- Five stocks we like better than Booz Allen Hamilton
- Bonds Are Paying 5% Again, and the Repricing Has Reached Every Corner of the Market
- Archer Aviation’s FAA Certificate Is a Milestone, But It Isn’t the Final One
- Microsoft’s Neocloud Pullback Isn’t a Crack in AI Demand
- Fox’s $22 Billion Roku Acquisition Reshapes Its Streaming Business
Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.
