Booz Allen Hamilton Holding Corporation (NYSE:BAH) Stock Rated “Reduce” by Sell-Side Analysts

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has earned an average recommendation of “Reduce” from the fifteen brokerages that are currently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $84.23.

Several research firms recently commented on BAH. The Goldman Sachs Group reduced their price objective on Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating for the company in a report on Tuesday, July 14th. TD Cowen upped their target price on shares of Booz Allen Hamilton from $75.00 to $77.00 and gave the company a “hold” rating in a research note on Tuesday. UBS Group raised their price target on shares of Booz Allen Hamilton from $70.00 to $78.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Weiss Ratings lowered shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, July 8th. Finally, Citigroup decreased their price objective on shares of Booz Allen Hamilton from $88.00 to $69.00 and set a “neutral” rating for the company in a report on Wednesday, July 1st.

Hedge Funds Weigh In On Booz Allen Hamilton

Several hedge funds and other institutional investors have recently modified their holdings of BAH. Public Employees Retirement System of Ohio purchased a new stake in shares of Booz Allen Hamilton in the 2nd quarter worth $2,069,000. Weiss Asset Management LP purchased a new position in Booz Allen Hamilton during the first quarter valued at $12,945,000. Bank of America Corp DE grew its holdings in Booz Allen Hamilton by 2.6% during the first 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 purchasing an additional 28,462 shares during the period. National Pension Service grew its holdings in Booz Allen Hamilton by 57.3% during the fourth quarter. National Pension Service now owns 47,295 shares of the business services provider’s stock valued at $3,990,000 after purchasing an additional 17,237 shares during the period. Finally, Engineers Gate Manager LP increased its position in Booz Allen Hamilton by 3,206.2% in the second quarter. Engineers Gate Manager LP now owns 101,268 shares of the business services provider’s stock worth $6,144,000 after buying an additional 98,205 shares in the last quarter. 91.82% of the stock is owned by institutional investors.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $68.16 on Wednesday. The business’s fifty day simple moving average is $74.28 and its two-hundred day simple moving average is $74.19. The company has a current ratio of 1.60, a quick ratio of 1.59 and a debt-to-equity ratio of 3.26. Booz Allen Hamilton has a 12 month low of $59.50 and a 12 month high of $109.10. The company has a market cap of $8.20 billion, a price-to-earnings ratio of 10.72, a P/E/G ratio of 1.65 and a beta of 0.37.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.32. The business had revenue of $1.97 billion during the quarter, compared to analyst estimates of $2.81 billion. Booz Allen Hamilton had a return on equity of 76.71% and a net margin of 7.01%.The company’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.48 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. Research analysts anticipate that Booz Allen Hamilton will post 6.34 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, August 28th. Shareholders of record on Friday, August 14th were given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Friday, August 14th. Booz Allen Hamilton’s payout ratio is 37.11%.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that primarily serves the U.S. government, including defense, intelligence, civil, and health agencies. The company helps clients address complex national security, public-sector, and business challenges through consulting, engineering, technology integration, and mission-support services.

Its capabilities include artificial intelligence and data analytics, cybersecurity, digital transformation, cloud computing, systems engineering, software development, program management, and organizational strategy.