Booz Allen Hamilton Holding Co. (BAH) Receives Average Recommendation of “Buy” from Analysts

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been given an average recommendation of “Buy” by the thirteen research firms that are covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $49.75.

Several equities research analysts have recently commented on BAH shares. Zacks Investment Research upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a research report on Wednesday, August 15th. Vertical Research cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Monday, July 9th. Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating in a research report on Tuesday, July 31st. Credit Suisse Group lifted their price target on shares of Booz Allen Hamilton from $46.00 to $49.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 30th. Finally, Citigroup lifted their price target on shares of Booz Allen Hamilton from $41.00 to $46.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 12th.

Shares of NYSE:BAH traded up $0.04 during trading on Thursday, hitting $49.90. 20,692 shares of the company’s stock were exchanged, compared to its average volume of 877,091. Booz Allen Hamilton has a 1-year low of $35.21 and a 1-year high of $52.56. The company has a debt-to-equity ratio of 2.87, a current ratio of 1.48 and a quick ratio of 1.48. The stock has a market cap of $7.10 billion, a price-to-earnings ratio of 24.83, a P/E/G ratio of 1.79 and a beta of 1.12.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Monday, July 30th. The business services provider reported $0.72 EPS for the quarter, topping the consensus estimate of $0.58 by $0.14. Booz Allen Hamilton had a net margin of 5.21% and a return on equity of 57.00%. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the previous year, the company earned $0.47 EPS. Booz Allen Hamilton’s revenue was up 8.1% on a year-over-year basis. equities research analysts anticipate that Booz Allen Hamilton will post 2.5 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 31st. Investors of record on Tuesday, August 14th were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date of this dividend was Monday, August 13th. Booz Allen Hamilton’s dividend payout ratio is currently 37.81%.

In related news, insider Kristine Anderson sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 5th. The shares were sold at an average price of $51.54, for a total transaction of $1,030,800.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ralph W. Shrader sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, July 2nd. The shares were sold at an average price of $43.91, for a total transaction of $1,317,300.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 193,985 shares of company stock valued at $9,239,240. Corporate insiders own 3.56% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC acquired a new position in shares of Booz Allen Hamilton in the second quarter valued at approximately $144,000. Fiduciary Trust Co. acquired a new position in shares of Booz Allen Hamilton in the second quarter valued at approximately $208,000. Welch & Forbes LLC acquired a new position in shares of Booz Allen Hamilton in the second quarter valued at approximately $212,000. Tower Research Capital LLC TRC acquired a new position in shares of Booz Allen Hamilton in the second quarter valued at approximately $213,000. Finally, Greenleaf Trust acquired a new position in shares of Booz Allen Hamilton in the second quarter valued at approximately $215,000. Hedge funds and other institutional investors own 94.35% 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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Analyst Recommendations for Booz Allen Hamilton (NYSE:BAH)

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