Brokerages predict that Booz Allen Hamilton Holding Corporation (NYSE:BAH) will post $1.51 billion in sales for the current quarter, according to Zacks. Three analysts have provided estimates for Booz Allen Hamilton Holding Corporation’s earnings. The lowest sales estimate is $1.49 billion and the highest is $1.54 billion. Booz Allen Hamilton Holding Corporation reported sales of $1.39 billion during the same quarter last year, which would suggest a positive year over year growth rate of 8.6%. The business is expected to issue its next earnings report on Wednesday, November 1st.

On average, analysts expect that Booz Allen Hamilton Holding Corporation will report full year sales of $1.51 billion for the current year, with estimates ranging from $6.10 billion to $6.16 billion. For the next fiscal year, analysts anticipate that the company will post sales of $6.46 billion per share, with estimates ranging from $6.39 billion to $6.52 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Booz Allen Hamilton Holding Corporation.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its quarterly earnings data on Monday, August 7th. The business services provider reported $0.53 EPS for the quarter, beating the consensus estimate of $0.47 by $0.06. Booz Allen Hamilton Holding Corporation had a return on equity of 48.35% and a net margin of 4.50%. The company had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same period last year, the firm posted $0.46 earnings per share. Booz Allen Hamilton Holding Corporation’s revenue was up 5.0% compared to the same quarter last year.

Several brokerages recently weighed in on BAH. Wells Fargo & Company restated an “outperform” rating and set a $40.00 target price (down from $43.00) on shares of Booz Allen Hamilton Holding Corporation in a research note on Friday, June 16th. Bank of America Corporation downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “neutral” rating in a research note on Friday, June 16th. Raymond James Financial, Inc. restated a “market perform” rating on shares of Booz Allen Hamilton Holding Corporation in a research note on Friday, June 16th. Drexel Hamilton downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and dropped their target price for the stock from $39.67 to $27.47 in a research note on Friday, June 16th. Finally, Vertical Research downgraded Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and dropped their target price for the stock from $42.00 to $36.00 in a research note on Friday, June 16th. Eight equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Booz Allen Hamilton Holding Corporation presently has an average rating of “Hold” and a consensus target price of $37.35.

In other news, Director Peter J. Clare purchased 10,000 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were acquired at an average price of $32.30 per share, for a total transaction of $323,000.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ian Fujiyama purchased 15,000 shares of the company’s stock in a transaction on Monday, August 14th. The shares were purchased at an average price of $33.26 per share, for a total transaction of $498,900.00. The disclosure for this purchase can be found here. In the last quarter, insiders have sold 76,001 shares of company stock worth $2,642,754. Company insiders own 3.04% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. grew its stake in Booz Allen Hamilton Holding Corporation by 0.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 18,217 shares of the business services provider’s stock valued at $593,000 after purchasing an additional 49 shares during the last quarter. M&T Bank Corp grew its stake in Booz Allen Hamilton Holding Corporation by 0.5% during the 2nd quarter. M&T Bank Corp now owns 13,945 shares of the business services provider’s stock valued at $454,000 after purchasing an additional 65 shares during the last quarter. Teacher Retirement System of Texas grew its stake in Booz Allen Hamilton Holding Corporation by 0.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 11,980 shares of the business services provider’s stock valued at $390,000 after purchasing an additional 66 shares during the last quarter. Somerset Trust Co grew its stake in Booz Allen Hamilton Holding Corporation by 0.5% during the 2nd quarter. Somerset Trust Co now owns 14,022 shares of the business services provider’s stock valued at $457,000 after purchasing an additional 75 shares during the last quarter. Finally, Coe Capital Management LLC grew its stake in Booz Allen Hamilton Holding Corporation by 0.4% during the 1st quarter. Coe Capital Management LLC now owns 44,865 shares of the business services provider’s stock valued at $1,588,000 after purchasing an additional 195 shares during the last quarter. Institutional investors and hedge funds own 93.62% of the company’s stock.

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Booz Allen Hamilton Holding Corporation (NYSE:BAH) traded up 0.03% during midday trading on Wednesday, hitting $36.86. The company had a trading volume of 480,518 shares. The stock has a market capitalization of $5.48 billion, a PE ratio of 21.15 and a beta of 1.31. The stock has a 50 day moving average price of $34.19 and a 200-day moving average price of $35.24. Booz Allen Hamilton Holding Corporation has a 52 week low of $29.55 and a 52 week high of $39.67.

The company also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Shareholders of record on Monday, August 14th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.84%. The ex-dividend date was Thursday, August 10th. This is an increase from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. Booz Allen Hamilton Holding Corporation’s payout ratio is presently 38.86%.

About Booz Allen Hamilton Holding Corporation

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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Earnings History and Estimates for Booz Allen Hamilton Holding Corporation (NYSE:BAH)

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