Booz Allen Hamilton Holding Corporation (NYSE:BAH) Given Average Rating of “Reduce” by Brokerages

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has been given an average recommendation of “Reduce” by the fourteen ratings firms that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $88.00.

Several research analysts have recently weighed in on the stock. Citigroup lowered 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 research note on Thursday, April 2nd. TD Cowen restated a “hold” rating on shares of Booz Allen Hamilton in a research note on Tuesday, May 26th. William Blair restated an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. Jefferies Financial Group set a $85.00 price target on shares of Booz Allen Hamilton in a report on Monday, May 11th. Finally, Wells Fargo & Company began coverage on shares of Booz Allen Hamilton in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 price target on the stock.

Booz Allen Hamilton Stock Down 2.0%

Booz Allen Hamilton stock opened at $78.69 on Thursday. The firm has a market capitalization of $9.42 billion, a PE ratio of 11.42, a P/E/G ratio of 4.57 and a beta of 0.32. The company’s 50-day moving average is $78.88 and its 200-day moving average is $82.91. Booz Allen Hamilton has a fifty-two week low of $68.83 and a fifty-two week high of $120.04. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.78 and a quick ratio of 1.78.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, May 22nd. The business services provider reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.46. The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.87 billion. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. Booz Allen Hamilton’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.61 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Sell-side analysts anticipate that Booz Allen Hamilton will post 6.26 earnings per share 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 issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio is currently 34.25%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Ipsen Advisor Group LLC raised its holdings in Booz Allen Hamilton by 13.7% in the 1st quarter. Ipsen Advisor Group LLC now owns 5,095 shares of the business services provider’s stock valued at $398,000 after acquiring an additional 615 shares during the period. Axiom Investment Management LLC bought a new position in Booz Allen Hamilton in the 1st quarter valued at about $44,000. Bank of America Corp DE raised its holdings in Booz Allen Hamilton by 2.6% in the 1st quarter. Bank of America Corp DE now owns 1,117,280 shares of the business services provider’s stock valued at $87,181,000 after acquiring an additional 28,462 shares during the period. Edgestream Partners L.P. raised its holdings in Booz Allen Hamilton by 5.9% in the 1st quarter. Edgestream Partners L.P. now owns 28,329 shares of the business services provider’s stock valued at $2,211,000 after acquiring an additional 1,571 shares during the period. Finally, Janus Henderson Group PLC raised its holdings in Booz Allen Hamilton by 56.1% in the 1st quarter. Janus Henderson Group PLC now owns 59,733 shares of the business services provider’s stock valued at $4,661,000 after acquiring an additional 21,457 shares during the period. 91.82% of the stock is owned by 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.