Booz Allen Hamilton (NYSE:BAH) Reaches New 1-Year Low – Should You Sell?

Booz Allen Hamilton Holding Corporation (NYSE:BAH)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $62.50 and last traded at $62.5850, with a volume of 1085882 shares changing hands. The stock had previously closed at $63.88.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Jefferies Financial Group set a $85.00 target price on Booz Allen Hamilton in a research report on Monday, May 11th. UBS Group restated a “neutral” rating and set a $83.00 price target on shares of Booz Allen Hamilton in a research report on Tuesday, May 26th. TD Cowen reaffirmed a “hold” rating on shares of Booz Allen Hamilton in a report on Tuesday, May 26th. JPMorgan Chase & Co. reduced their target price on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating for the company in a research note on Tuesday, May 26th. Finally, Wells Fargo & Company initiated coverage on shares of Booz Allen Hamilton in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 target price for the company. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $88.00.

Booz Allen Hamilton Stock Up 3.1%

The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.55. The stock has a 50-day simple moving average of $76.07 and a 200-day simple moving average of $81.71. The company has a market cap of $7.37 billion, a price-to-earnings ratio of 8.91, a price-to-earnings-growth ratio of 3.58 and a beta of 0.32.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, May 22nd. The business services provider reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.46. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same period last year, the company earned $1.61 earnings per share. The company’s quarterly revenue was down 5.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. As a group, analysts predict that Booz Allen Hamilton Holding Corporation will post 6.23 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Wednesday, June 10th. Booz Allen Hamilton’s payout ratio is 34.25%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Booz Allen Hamilton by 1.7% in 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 shares of Booz Allen Hamilton by 38.4% in the 4th 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 buying an additional 1,811,906 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Booz Allen Hamilton by 36.0% in the fourth quarter. First Trust Advisors LP now owns 4,856,528 shares of the business services provider’s stock valued at $409,697,000 after buying an additional 1,285,475 shares during the period. Primecap Management Co. CA lifted its holdings in shares of Booz Allen Hamilton by 135.2% in the fourth quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider’s stock valued at $393,649,000 after buying an additional 2,682,460 shares during the period. Finally, State Street Corp boosted 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 valued at $371,428,000 after buying an additional 1,528,739 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

About Booz Allen Hamilton

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.