Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives Consensus Rating of “Moderate Buy” from Analysts

Booz Allen Hamilton Holding Co. (NYSE:BAH) has earned a consensus rating of “Moderate Buy” from the ten brokerages that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $159.78.

A number of research analysts have recently commented on the stock. Stifel Nicolaus upped their price target on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, May 21st. Jefferies Financial Group upped their target price on shares of Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Truist Financial lifted their price target on shares of Booz Allen Hamilton from $145.00 to $160.00 and gave the company a “hold” rating in a research note on Tuesday, May 28th. Barclays increased their price objective on Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 29th. Finally, TD Cowen lifted their target price on Booz Allen Hamilton from $158.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th.

Booz Allen Hamilton Stock Performance

Booz Allen Hamilton stock opened at $150.93 on Thursday. Booz Allen Hamilton has a 1-year low of $106.90 and a 1-year high of $164.43. The company’s 50-day moving average is $152.01 and its 200 day moving average is $143.93. The firm has a market capitalization of $19.52 billion, a P/E ratio of 32.81, a price-to-earnings-growth ratio of 1.83 and a beta of 0.57. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.62 and a quick ratio of 1.62.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, May 24th. The business services provider reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.10. Booz Allen Hamilton had a return on equity of 68.12% and a net margin of 5.68%. The firm had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.71 billion. During the same period in the prior year, the business posted $1.01 earnings per share. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. Research analysts forecast that Booz Allen Hamilton will post 6.04 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 13th were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date was Thursday, June 13th. Booz Allen Hamilton’s payout ratio is currently 44.35%.

Insider Buying and Selling at Booz Allen Hamilton

In other news, CFO Matthew Calderone sold 332 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $51,177.80. Following the sale, the chief financial officer now directly owns 23,438 shares in the company, valued at approximately $3,612,967.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Matthew Calderone sold 332 shares of the firm’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $51,177.80. Following the completion of the sale, the chief financial officer now owns 23,438 shares of the company’s stock, valued at approximately $3,612,967.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Horacio Rozanski sold 34,571 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $5,329,119.65. Following the transaction, the chief executive officer now directly owns 579,025 shares in the company, valued at $89,256,703.75. The disclosure for this sale can be found here. Insiders have sold 58,255 shares of company stock worth $8,970,026 over the last quarter. Insiders own 1.59% of the company’s stock.

Institutional Trading of Booz Allen Hamilton

A number of institutional investors have recently bought and sold shares of BAH. VisionPoint Advisory Group LLC raised its holdings in shares of Booz Allen Hamilton by 75.6% in the third quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after buying an additional 118 shares during the last quarter. Acadian Asset Management LLC acquired a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at $31,000. Banque Cantonale Vaudoise lifted its position in Booz Allen Hamilton by 112.4% during the 1st quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after acquiring an additional 109 shares during the period. Smithfield Trust Co lifted its position in Booz Allen Hamilton by 87.7% during the 4th quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock worth $34,000 after acquiring an additional 121 shares during the period. Finally, MCF Advisors LLC grew its stake in Booz Allen Hamilton by 103.6% during the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 115 shares during 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 provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.