Analysts Set Booz Allen Hamilton Hldg (BAH) Price Target at $41.81

Shares of Booz Allen Hamilton Hldg (NYSE:BAH) have earned an average rating of “Buy” from the thirteen analysts that are covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $42.35.

Several equities analysts have recently issued reports on the company. Zacks Investment Research downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, February 8th. Cowen reiterated a “buy” rating and set a $50.00 price objective on shares of Booz Allen Hamilton in a research report on Monday, February 5th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $50.00 price objective on shares of Booz Allen Hamilton in a research report on Tuesday, January 9th.

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In other Booz Allen Hamilton news, Director Ralph W. Shrader sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, April 2nd. The stock was sold at an average price of $38.22, for a total value of $1,146,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Karen M. Dahut sold 46,406 shares of the company’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $40.03, for a total value of $1,857,632.18. The disclosure for this sale can be found here. Insiders sold 383,131 shares of company stock valued at $15,047,125 over the last 90 days. 3.04% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cerebellum GP LLC acquired a new stake in Booz Allen Hamilton in the fourth quarter worth approximately $126,000. American International Group Inc. acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter valued at $128,000. The Manufacturers Life Insurance Company lifted its position in shares of Booz Allen Hamilton by 8.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock valued at $150,000 after acquiring an additional 347 shares during the last quarter. Camelot Portfolios LLC acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter valued at $220,000. Finally, Ramsey Quantitative Systems acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter valued at $302,000. Hedge funds and other institutional investors own 93.55% of the company’s stock.

Shares of NYSE BAH opened at $38.84 on Wednesday. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.49 and a quick ratio of 1.49. The company has a market cap of $5,634.23, a PE ratio of 20.02, a price-to-earnings-growth ratio of 1.55 and a beta of 1.25. Booz Allen Hamilton has a 12-month low of $31.06 and a 12-month high of $40.25.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Monday, February 5th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.05. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.52 billion. Booz Allen Hamilton had a return on equity of 50.81% and a net margin of 4.68%. The business’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.38 earnings per share. analysts predict that Booz Allen Hamilton will post 1.93 earnings per share for the current year.

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About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.

Analyst Recommendations for Booz Allen Hamilton (NYSE:BAH)

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