Booz Allen Hamilton Holding Corporation (NYSE:BAH) Stock Has Consensus Price Target of $85.62

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) have been assigned a consensus recommendation of “Hold” from the fifteen analysts that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $89.29.

Several brokerages have recently issued reports on BAH. BNP Paribas Exane lifted their target price on shares of Booz Allen Hamilton from $70.00 to $85.00 and gave the company a “neutral” rating in a research report on Monday. Jefferies Financial Group decreased their target price on Booz Allen Hamilton from $80.00 to $75.00 and set a “hold” rating on the stock in a research report on Wednesday, October 7th. Cantor Fitzgerald reduced their price objective on Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating for the company in a research note on Thursday, July 23rd. Bank of America reaffirmed an “underperform” rating on shares of Booz Allen Hamilton in a research note on Monday. Finally, Weiss Ratings raised shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, October 21st.

Institutional Trading of Booz Allen Hamilton

Hedge funds have recently made changes to their positions in the company. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of Booz Allen Hamilton in the 2nd quarter valued at about $51,325,000. Copeland Capital Management LLC lifted its stake in shares of Booz Allen Hamilton by 292.5% in the third quarter. Copeland Capital Management LLC now owns 807,353 shares of the business services provider’s stock valued at $56,047,000 after purchasing an additional 601,677 shares during the period. Artemis Investment Management LLP purchased a new stake in Booz Allen Hamilton during the third quarter worth about $12,051,000. Weiss Asset Management LP purchased a new stake in Booz Allen Hamilton during the first quarter worth about $12,945,000. Finally, Dimensional Fund Advisors LP grew its position in Booz Allen Hamilton by 12.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,352,790 shares of the business services provider’s stock worth $105,567,000 after buying an additional 151,166 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $84.08 on Friday. The company has a quick ratio of 1.59, a current ratio of 1.43 and a debt-to-equity ratio of 3.53. The business’s 50 day moving average price is $74.88 and its 200 day moving average price is $76.75. Booz Allen Hamilton has a 52 week low of $59.50 and a 52 week high of $109.10. The firm has a market cap of $9.97 billion, a P/E ratio of 13.06, a P/E/G ratio of 1.90 and a beta of 0.37.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, October 23rd. The business services provider reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.28. Booz Allen Hamilton had a net margin of 7.14% and a return on equity of 75.00%. The business had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.81 billion. During the same quarter last year, the company earned $1.49 EPS. The business’s revenue was down 3.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.500-6.700 EPS. On average, sell-side analysts expect that Booz Allen Hamilton will post 6.58 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Thursday, November 12th will be given a dividend of $0.59 per share. The ex-dividend date is Thursday, November 12th. This represents a $2.36 dividend on an annualized basis and a yield of 2.8%. Booz Allen Hamilton’s payout ratio is presently 36.65%.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that provides services primarily to governments, defense and intelligence organizations, and commercial clients. The company helps organizations address complex challenges involving strategy, technology modernization, cybersecurity, data and analytics, artificial intelligence, engineering, and mission operations.

Its government-related work spans defense, national security, intelligence, civil government, and health markets.