Booz Allen Hamilton Holding Corporation (BAH) – What Are Analysts Thinking About This Stock?

Booz Allen Hamilton Holding Corporation (NYSE:BAH – Get Free Report) has received a consensus rating of “Hold” from the fifteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $89.29.

A number of analysts have weighed in on the company. Weiss Ratings upgraded Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, October 21st. TD Cowen upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating and upped their target price for the company from $77.00 to $95.00 in a research report on Monday, October 26th. The Goldman Sachs Group cut their target price on Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating on the stock in a research report on Tuesday, July 14th. Citigroup raised their target price on Booz Allen Hamilton from $77.00 to $88.00 and gave the stock a “neutral” rating in a research note on Monday, October 26th. Finally, Wall Street Zen upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating in a report on Monday, October 19th.

Get Our Latest Report on Booz Allen Hamilton

Booz Allen Hamilton Stock Up 4.9%

Booz Allen Hamilton stock opened at $88.33 on Friday. The firm has a market cap of $10.48 billion, a price-to-earnings ratio of 13.72, a PEG ratio of 2.01 and a beta of 0.37. Booz Allen Hamilton has a 52-week low of $59.50 and a 52-week high of $109.10. The company has a debt-to-equity ratio of 3.53, a quick ratio of 1.59 and a current ratio of 1.43. The firm has a 50 day moving average price of $75.12 and a two-hundred day moving average price of $76.71.

Booz Allen Hamilton (NYSE:BAH – Get Free Report) last posted its quarterly earnings data on Friday, October 23rd. The business services provider reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.28. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. The company had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same period in the prior year, the firm posted $1.49 EPS. The company’s quarterly 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. Equities analysts predict that Booz Allen Hamilton will post 6.61 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Thursday, November 12th will be issued a dividend of $0.59 per share. The ex-dividend date is Thursday, November 12th. This represents a $2.36 annualized dividend and a dividend yield of 2.7%. Booz Allen Hamilton’s dividend payout ratio is currently 36.65%.

Insider Transactions at Booz Allen Hamilton

In other news, EVP Joshua Petty sold 1,500 shares of the stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $82.92, for a total transaction of $124,380.00. Following the transaction, the executive vice president owned 8,538 shares of the company’s stock, valued at $707,970.96. This represents a 14.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Buffum Shannon Fitzgerald sold 2,105 shares of the company’s stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $82.90, for a total value of $174,504.50. Following the transaction, the executive vice president directly owned 5,087 shares in the company, valued at approximately $421,712.30. This trade represents a 29.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.08% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Booz Allen Hamilton

Several hedge funds and other institutional investors have recently modified their holdings of BAH. Chicago Partners Investment Group LLC purchased a new stake in Booz Allen Hamilton in the 3rd quarter valued at $241,000. Covestor Ltd boosted its holdings in Booz Allen Hamilton by 131.7% during the 3rd quarter. Covestor Ltd now owns 2,310 shares of the business services provider’s stock worth $160,000 after acquiring an additional 1,313 shares during the last quarter. Provenance Wealth Advisors LLC boosted its holdings in Booz Allen Hamilton by 2,586.7% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 403 shares of the business services provider’s stock worth $28,000 after acquiring an additional 388 shares during the last quarter. Gallacher Capital Management LLC bought a new stake in shares of Booz Allen Hamilton in the 3rd quarter worth $416,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Booz Allen Hamilton in the 3rd quarter worth $9,986,000. Institutional investors own 91.82% of the company’s stock.

About Booz Allen Hamilton

(Get Free Report)

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that provides services primarily to governments, defense and intelligence organizations, and commercial clients. The company helps organizations address complex challenges involving strategy, technology modernization, cybersecurity, data and analytics, artificial intelligence, engineering, and mission operations.

Its government-related work spans defense, national security, intelligence, civil government, and health markets.

Further Reading

Analyst Recommendations for Booz Allen Hamilton (NYSE:BAH)

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.