Somewhat Positive News Coverage Somewhat Unlikely to Affect Booz Allen Hamilton Holding Corporation (BAH) Stock Price
Media stories about Booz Allen Hamilton Holding Corporation (NYSE:BAH) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Booz Allen Hamilton Holding Corporation earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 45.4904199630611 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment’s rankings:
- Booz Allen Hamilton Holding Corporation (BAH) Insider Karen M. Dahut Sells 46,406 Shares (americanbankingnews.com)
- Booz Allen Vet Robin Portman Named Atlas Research President, CEO (govconwire.com)
- WT Innovator: Acquisitions, alliances key to Booz Allen’s innovation strategy (washingtontechnology.com)
- Equities Analysts Issue Forecasts for Booz Allen Hamilton Holding Corporation’s Q1 2019 Earnings (BAH) (americanbankingnews.com)
- A Booz Allen vet will lead this government consulting firm as its new CEO (finance.yahoo.com)
BAH has been the subject of a number of analyst reports. Cowen and Company reaffirmed a “buy” rating and issued a $41.00 price target (down previously from $46.00) on shares of Booz Allen Hamilton Holding Corporation in a research report on Monday, June 26th. BidaskClub raised Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 18th. Vertical Research raised Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research report on Tuesday, October 3rd. 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 report on Thursday, September 21st. Finally, Drexel Hamilton cut Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and reduced their price target for the stock from $39.67 to $27.47 in a research report on Friday, June 16th. Six research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $38.06.
Shares of Booz Allen Hamilton Holding Corporation (NYSE BAH) opened at 37.69 on Monday. The firm has a 50 day moving average price of $35.58 and a 200-day moving average price of $35.31. The firm has a market cap of $5.60 billion, a PE ratio of 21.62 and a beta of 1.30. Booz Allen Hamilton Holding Corporation has a 12 month low of $29.55 and a 12 month high of $39.67.
Booz Allen Hamilton Holding Corporation (NYSE:BAH) last issued its earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.06. Booz Allen Hamilton Holding Corporation had a net margin of 4.50% and a return on equity of 48.35%. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the business posted $0.46 EPS. Booz Allen Hamilton Holding Corporation’s revenue was up 5.0% on a year-over-year basis. On average, analysts predict that Booz Allen Hamilton Holding Corporation will post $1.92 EPS for the current fiscal year.
In other news, Director Peter J. Clare bought 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was acquired at an average cost of $32.30 per share, for a total transaction of $323,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ian Fujiyama bought 15,000 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The stock was purchased at an average price of $33.26 per share, with a total value of $498,900.00. The disclosure for this purchase can be found here. Insiders sold a total of 150,407 shares of company stock valued at $5,434,430 over the last quarter. 3.04% of the stock is currently owned by company insiders.
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Booz Allen Hamilton Holding Corporation Company Profile
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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