Booz Allen Hamilton Holding Corporation (NYSE:BAH) Receives Average Rating of “Reduce” from Analysts

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has been assigned an average recommendation of “Reduce” from the fifteen ratings firms that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $84.0769.

A number of equities analysts have recently issued reports on the company. TD Cowen dropped their target price on Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating for the company in a report on Tuesday, July 7th. The Goldman Sachs Group decreased their price target on Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating on the stock in a research note on Tuesday, July 14th. Bank of America lowered their price target on Booz Allen Hamilton from $90.00 to $75.00 and set an “underperform” rating on the stock in a research report on Monday, July 20th. UBS Group increased their price objective on Booz Allen Hamilton from $70.00 to $78.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. Finally, Stifel Nicolaus set a $110.00 price objective on Booz Allen Hamilton and gave the company a “buy” rating in a report on Tuesday, May 26th.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $77.51 on Tuesday. The stock has a market cap of $9.32 billion, a P/E ratio of 12.19, a PEG ratio of 4.02 and a beta of 0.34. The company’s 50-day simple moving average is $68.83 and its 200 day simple moving average is $76.06. Booz Allen Hamilton has a twelve month low of $59.50 and a twelve month high of $112.22. The company has a quick ratio of 1.59, a current ratio of 1.60 and a debt-to-equity ratio of 3.26.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, July 24th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.32. The firm had revenue of $1.97 billion during the quarter, compared to analyst estimates of $2.81 billion. Booz Allen Hamilton had a net margin of 7.01% and a return on equity of 76.71%. The company’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.48 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. As a group, research analysts forecast that Booz Allen Hamilton will post 6.32 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a dividend of $0.59 per share. The ex-dividend date is Friday, August 14th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.0%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 37.11%.

Hedge Funds Weigh In On Booz Allen Hamilton

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Booz Allen Hamilton by 22.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,167 shares of the business services provider’s stock valued at $2,737,000 after acquiring an additional 4,870 shares during the last quarter. NewEdge Advisors LLC grew its position in Booz Allen Hamilton by 365.0% during the 1st quarter. NewEdge Advisors LLC now owns 11,750 shares of the business services provider’s stock worth $1,229,000 after acquiring an additional 9,223 shares during the last quarter. Sivia Capital Partners LLC grew its position in Booz Allen Hamilton by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,460 shares of the business services provider’s stock worth $464,000 after acquiring an additional 1,559 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Booz Allen Hamilton by 132.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,429 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 815 shares in the last quarter. Finally, Cresset Asset Management LLC increased its holdings in Booz Allen Hamilton by 6.2% during the 2nd quarter. Cresset Asset Management LLC now owns 3,257 shares of the business services provider’s stock valued at $339,000 after purchasing an additional 191 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

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.