Zacks: Analysts Anticipate Booz Allen Hamilton Holding Co. (NYSE:BAH) Will Post Earnings of $0.72 Per Share
Analysts predict that Booz Allen Hamilton Holding Co. (NYSE:BAH) will announce earnings per share (EPS) of $0.72 for the current quarter, according to Zacks. Six analysts have made estimates for Booz Allen Hamilton’s earnings, with estimates ranging from $0.58 to $0.82. Booz Allen Hamilton also posted earnings per share of $0.72 in the same quarter last year. The firm is scheduled to announce its next quarterly earnings report before the market opens on Monday, July 29th.
According to Zacks, analysts expect that Booz Allen Hamilton will report full year earnings of $3.01 per share for the current year, with EPS estimates ranging from $2.91 to $3.10. For the next fiscal year, analysts anticipate that the firm will post earnings of $3.36 per share, with EPS estimates ranging from $3.28 to $3.48. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that follow Booz Allen Hamilton.
Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings results on Tuesday, May 28th. The business services provider reported $0.64 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.03. The company had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.74 billion. Booz Allen Hamilton had a net margin of 6.24% and a return on equity of 60.67%. Booz Allen Hamilton’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 EPS.
Booz Allen Hamilton stock traded up $0.57 during mid-day trading on Friday, reaching $68.82. The stock had a trading volume of 633,174 shares, compared to its average volume of 1,017,878. The company has a debt-to-equity ratio of 2.52, a current ratio of 1.44 and a quick ratio of 1.44. The firm has a market cap of $9.54 billion, a P/E ratio of 24.93, a price-to-earnings-growth ratio of 1.83 and a beta of 0.94. The company’s 50-day moving average price is $65.35. Booz Allen Hamilton has a one year low of $43.24 and a one year high of $68.91.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend was Thursday, June 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 33.33%.
In other news, VP Laura S. Adams sold 780 shares of the stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $65.63, for a total value of $51,191.40. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Lloyd Howell, Jr. sold 74,279 shares of the stock in a transaction that occurred on Monday, July 8th. The stock was sold at an average price of $67.19, for a total transaction of $4,990,806.01. The disclosure for this sale can be found here. 2.60% of the stock is owned by corporate insiders.
A number of institutional investors have recently added to or reduced their stakes in BAH. LPL Financial LLC acquired a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $269,000. Raymond James & Associates increased its stake in shares of Booz Allen Hamilton by 12.1% during the 4th quarter. Raymond James & Associates now owns 68,614 shares of the business services provider’s stock worth $3,092,000 after purchasing an additional 7,426 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Booz Allen Hamilton by 13.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 17,594 shares of the business services provider’s stock worth $793,000 after purchasing an additional 2,027 shares during the last quarter. Advisor Group Inc. increased its stake in shares of Booz Allen Hamilton by 22.0% during the 4th quarter. Advisor Group Inc. now owns 6,155 shares of the business services provider’s stock worth $276,000 after purchasing an additional 1,110 shares during the last quarter. Finally, Great West Life Assurance Co. Can increased its stake in shares of Booz Allen Hamilton by 2.8% during the 4th quarter. Great West Life Assurance Co. Can now owns 21,872 shares of the business services provider’s stock worth $950,000 after purchasing an additional 599 shares during the last quarter. 94.51% of the stock is owned by institutional investors.
Booz Allen Hamilton Company Profile
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.
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