Equities analysts forecast that Booz Allen Hamilton Holding Corporation (NYSE:BAH) will post $1.52 billion in sales for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for Booz Allen Hamilton Holding Corporation’s earnings, with estimates ranging from $1.49 billion to $1.54 billion. Booz Allen Hamilton Holding Corporation posted sales of $1.40 billion in the same quarter last year, which would indicate a positive year over year growth rate of 8.6%. The business is scheduled to issue its next earnings results on Monday, January 29th.

According to Zacks, analysts expect that Booz Allen Hamilton Holding Corporation will report full-year sales of $1.52 billion for the current year, with estimates ranging from $6.19 billion to $6.25 billion. For the next year, analysts forecast that the company will report sales of $6.53 billion per share, with estimates ranging from $6.49 billion to $6.55 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Booz Allen Hamilton Holding Corporation.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its quarterly earnings data on Monday, November 6th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. The business had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 48.30% and a net margin of 4.52%. Booz Allen Hamilton Holding Corporation’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 earnings per share.

A number of analysts have recently issued reports on BAH shares. Cowen and Company restated a “buy” rating and set a $41.00 price objective on shares of Booz Allen Hamilton Holding Corporation in a research report on Monday, August 7th. ValuEngine cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research report on Saturday, November 4th. Zacks Investment Research cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $36.00 price target on shares of Booz Allen Hamilton Holding Corporation in a research note on Thursday, September 21st. Finally, BidaskClub lowered Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Six analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Booz Allen Hamilton Holding Corporation currently has an average rating of “Buy” and a consensus target price of $39.72.

In other Booz Allen Hamilton Holding Corporation news, insider Horacio Rozanski sold 30,000 shares of the business’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $36.01, for a total value of $1,080,300.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Karen M. Dahut sold 46,406 shares of the business’s stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $38.02, for a total value of $1,764,356.12. The disclosure for this sale can be found here. In the last three months, insiders sold 114,407 shares of company stock worth $4,209,710. Insiders own 3.04% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. Advisor Group Inc. boosted its stake in Booz Allen Hamilton Holding Corporation by 13.1% in the second quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock worth $113,000 after purchasing an additional 405 shares in the last quarter. Brookstone Capital Management acquired a new position in Booz Allen Hamilton Holding Corporation in the second quarter worth $255,000. Cambridge Investment Research Advisors Inc. acquired a new position in Booz Allen Hamilton Holding Corporation in the second quarter worth $277,000. PNC Financial Services Group Inc. boosted its stake in Booz Allen Hamilton Holding Corporation by 4.3% in the second quarter. PNC Financial Services Group Inc. now owns 28,704 shares of the business services provider’s stock worth $933,000 after purchasing an additional 1,183 shares in the last quarter. Finally, Cubist Systematic Strategies LLC boosted its stake in Booz Allen Hamilton Holding Corporation by 40.3% in the second quarter. Cubist Systematic Strategies LLC now owns 55,379 shares of the business services provider’s stock worth $1,802,000 after purchasing an additional 15,906 shares in the last quarter. 93.72% of the stock is currently owned by institutional investors.

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Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) opened at $37.10 on Friday. The stock has a market capitalization of $5,311.93, a P/E ratio of 19.80, a PEG ratio of 2.25 and a beta of 1.28. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 3.33. Booz Allen Hamilton Holding Corporation has a 1 year low of $31.06 and a 1 year high of $39.67.

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Tuesday, November 14th will be paid a $0.17 dividend. This is a positive change from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Monday, November 13th. This represents a $0.68 annualized dividend and a yield of 1.83%. Booz Allen Hamilton Holding Corporation’s payout ratio is currently 37.57%.

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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