Booz Allen Hamilton (NYSE:BAH) Price Target Lowered to $87.00 at Citigroup

Booz Allen Hamilton (NYSE:BAH) had its price objective cut by equities research analysts at Citigroup from $109.00 to $87.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the business services provider’s stock. Citigroup’s target price would indicate a potential upside of 5.55% from the stock’s previous close.

Other analysts have also issued reports about the company. Weiss Ratings lowered Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 23rd. William Blair reissued an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. Stifel Nicolaus increased their price target on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. UBS Group reiterated a “neutral” rating and set a $97.00 price objective on shares of Booz Allen Hamilton in a research note on Tuesday, January 27th. Finally, Jefferies Financial Group decreased their price objective on shares of Booz Allen Hamilton from $100.00 to $95.00 and set a “hold” rating for the company in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Booz Allen Hamilton has an average rating of “Reduce” and an average target price of $95.25.

Booz Allen Hamilton Price Performance

Shares of Booz Allen Hamilton stock traded up $2.06 during trading on Thursday, hitting $82.43. 605,693 shares of the company were exchanged, compared to its average volume of 2,439,911. Booz Allen Hamilton has a fifty-two week low of $73.93 and a fifty-two week high of $130.91. The stock has a market capitalization of $9.94 billion, a price-to-earnings ratio of 12.25, a P/E/G ratio of 4.58 and a beta of 0.37. The firm has a 50 day moving average price of $81.70 and a 200 day moving average price of $87.97. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 3.76.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, January 23rd. The business services provider reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.51. Booz Allen Hamilton had a net margin of 7.35% and a return on equity of 76.79%. The firm had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the previous year, the company posted $1.55 EPS. The firm’s revenue for the quarter was down 10.2% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 5.950-6.150 EPS. On average, equities analysts expect that Booz Allen Hamilton will post 6.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Activest Wealth Management lifted its holdings in Booz Allen Hamilton by 141.3% in the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after purchasing an additional 178 shares during the period. Torren Management LLC bought a new position in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $26,000. Rakuten Securities Inc. raised its holdings in Booz Allen Hamilton by 414.6% during the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after purchasing an additional 199 shares in the last quarter. Aventura Private Wealth LLC bought a new position in Booz Allen Hamilton during the 4th quarter valued at $27,000. Finally, West Branch Capital LLC raised its stake in shares of Booz Allen Hamilton by 58.3% in the 3rd quarter. West Branch Capital LLC now owns 285 shares of the business services provider’s stock worth $28,000 after buying an additional 105 shares in the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Company Profile

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.