Booz Allen Hamilton Holding Corporation (NYSE:BAH) Receives $83.69 Consensus Price Target from Analysts

by · The Markets Daily

Booz Allen Hamilton Holding Corporation (NYSE:BAH – Get Free Report) has received a consensus recommendation of “Reduce” from the fifteen research firms that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $83.6923.

BAH has been the topic of several recent analyst reports. BNP Paribas Exane started coverage on Booz Allen Hamilton in a report on Wednesday, May 27th. They set a “neutral” rating and a $80.00 price objective on the stock. Citigroup lowered 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 research report on Wednesday, July 1st. Truist Financial cut their price objective on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating on the stock in a research report on Friday, July 10th. Jefferies Financial Group reiterated a “hold” rating and set a $80.00 target price on shares of Booz Allen Hamilton in a report on Tuesday, September 1st. Finally, Stifel Nicolaus set a $110.00 price target on Booz Allen Hamilton and gave the company a “buy” rating in a report on Tuesday, May 26th.

Get Our Latest Report on BAH

Booz Allen Hamilton Stock Up 0.2%

Shares of NYSE:BAH opened at $72.94 on Friday. The company has a 50 day moving average price of $70.52 and a two-hundred day moving average price of $74.82. The company has a debt-to-equity ratio of 3.26, a quick ratio of 1.59 and a current ratio of 1.60. The company has a market capitalization of $8.77 billion, a PE ratio of 11.47, a PEG ratio of 3.76 and a beta of 0.36. Booz Allen Hamilton has a 52 week low of $59.50 and a 52 week high of $109.10.

Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its quarterly earnings results on Friday, July 24th. The business services provider reported $1.81 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.32. Booz Allen Hamilton had a net margin of 7.01% and a return on equity of 76.71%. The company had revenue of $1.97 billion for the quarter, compared to analysts’ expectations of $2.81 billion. During the same period last year, the firm posted $1.48 earnings per share. The business’s quarterly revenue was down 4.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. Analysts forecast that Booz Allen Hamilton will post 6.33 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were paid a $0.59 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.36 annualized dividend and a yield of 3.2%. Booz Allen Hamilton’s payout ratio is presently 37.11%.

Institutional Trading of Booz Allen Hamilton

Hedge funds and other institutional investors have recently made changes to their positions in the business. Johnson Financial Group Inc. boosted its holdings in Booz Allen Hamilton by 26.1% during the third quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock worth $60,000 after purchasing an additional 124 shares during the last quarter. Campbell & CO Investment Adviser LLC increased its stake in Booz Allen Hamilton by 2.8% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 4,916 shares of the business services provider’s stock valued at $415,000 after buying an additional 133 shares during the last quarter. Arkadios Wealth Advisors lifted its position in Booz Allen Hamilton by 7.3% during the 4th quarter. Arkadios Wealth Advisors now owns 2,646 shares of the business services provider’s stock worth $223,000 after buying an additional 179 shares in the last quarter. Cresset Asset Management LLC boosted its stake in shares of 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 worth $339,000 after buying an additional 191 shares during the last quarter. Finally, Optimize Financial Inc boosted its stake in shares of Booz Allen Hamilton by 1.5% during the 4th quarter. Optimize Financial Inc now owns 13,707 shares of the business services provider’s stock worth $1,156,000 after buying an additional 196 shares during the last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Company Profile

(Get Free Report)

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.

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