Booz Allen Hamilton Holding Corporation (NYSE:BAH) Receives $81.08 Consensus Target Price from Analysts

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) have earned a consensus rating of “Reduce” from the fourteen analysts that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $81.0833.

BAH has been the topic of several recent research reports. Stifel Nicolaus set a $110.00 target price on shares of Booz Allen Hamilton and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Citigroup decreased their price target on shares of Booz Allen Hamilton from $88.00 to $69.00 and set a “neutral” rating for the company in a research report on Wednesday, July 1st. The Goldman Sachs Group dropped their price target on shares of Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating for the company in a research note on Tuesday, July 14th. JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, May 26th. Finally, BNP Paribas Exane initiated coverage on shares of Booz Allen Hamilton in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price objective on the stock.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of institutional investors have recently made changes to their positions in the stock. Activest Wealth Management raised its position in shares of Booz Allen Hamilton by 141.3% during the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after acquiring an additional 178 shares during the last quarter. Torren Management LLC bought a new stake in Booz Allen Hamilton in the fourth quarter valued at approximately $26,000. Rakuten Securities Inc. boosted its holdings in Booz Allen Hamilton by 414.6% in the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 199 shares during the last quarter. Aventura Private Wealth LLC acquired a new stake in Booz Allen Hamilton during the 4th quarter valued at approximately $27,000. Finally, PenderFund Capital Management Ltd. acquired a new stake in Booz Allen Hamilton during the 4th quarter valued at approximately $30,000. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $65.23 on Friday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55. The stock has a market cap of $7.81 billion, a PE ratio of 9.47, a PEG ratio of 3.70 and a beta of 0.36. Booz Allen Hamilton has a 12-month low of $59.50 and a 12-month high of $120.04. The business has a 50-day simple moving average of $71.07 and a two-hundred day simple moving average of $78.88.

Booz Allen Hamilton (NYSE:BAH) last announced 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 firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same period last year, the firm posted $1.61 earnings per share. The business’s revenue for the quarter was down 5.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Analysts anticipate that Booz Allen Hamilton will post 6.27 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Wednesday, June 10th were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 34.25%.

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.