Equities research analysts predict that Booz Allen Hamilton Holding Co. (NYSE:BAH) will post earnings of $0.44 per share for the current quarter, Zacks reports. Six analysts have issued estimates for Booz Allen Hamilton’s earnings. The lowest EPS estimate is $0.42 and the highest is $0.47. Booz Allen Hamilton reported earnings of $0.45 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 2.2%. The business is scheduled to issue its next earnings report on Monday, May 28th.
According to Zacks, analysts expect that Booz Allen Hamilton will report full-year earnings of $1.93 per share for the current financial year, with EPS estimates ranging from $1.91 to $1.95. For the next year, analysts forecast that the firm will post earnings of $2.43 per share, with EPS estimates ranging from $2.33 to $2.53. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Booz Allen Hamilton.
Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Monday, February 5th. The business services provider reported $0.48 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.05. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.52 billion. Booz Allen Hamilton had a return on equity of 50.81% and a net margin of 4.68%. Booz Allen Hamilton’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company posted $0.38 earnings per share.
Shares of Booz Allen Hamilton stock traded down $0.75 during trading on Friday, reaching $37.66. The company had a trading volume of 779,938 shares, compared to its average volume of 905,190. The company has a market capitalization of $5,706.77, a price-to-earnings ratio of 20.11, a P/E/G ratio of 1.97 and a beta of 1.29. Booz Allen Hamilton has a 1-year low of $31.06 and a 1-year high of $40.25. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.14.
The company also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were paid a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, February 13th. This is a positive change from Booz Allen Hamilton’s previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a dividend yield of 2.02%. Booz Allen Hamilton’s payout ratio is presently 39.79%.
In other news, CFO Lloyd Howell, Jr. sold 11,745 shares of Booz Allen Hamilton stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $39.50, for a total value of $463,927.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Horacio Rozanski sold 35,870 shares of Booz Allen Hamilton stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $40.03, for a total value of $1,435,876.10. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 353,131 shares of company stock worth $13,900,525. Corporate insiders own 3.04% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in BAH. Cerebellum GP LLC purchased a new position in shares of Booz Allen Hamilton in the fourth quarter valued at $126,000. American International Group Inc. purchased a new position in shares of Booz Allen Hamilton in the fourth quarter valued at $128,000. The Manufacturers Life Insurance Company grew its position in shares of Booz Allen Hamilton by 8.2% in the second quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock valued at $150,000 after purchasing an additional 347 shares in the last quarter. Camelot Portfolios LLC purchased a new position in shares of Booz Allen Hamilton in the fourth quarter valued at $220,000. Finally, Ramsey Quantitative Systems purchased a new position in shares of Booz Allen Hamilton in the fourth quarter valued at $302,000. Institutional investors own 93.55% of the company’s stock.
About Booz Allen Hamilton
Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.
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