Investment analysts at Stifel Nicolaus began coverage on shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in a research report issued on Tuesday. The firm set a “buy” rating on the business services provider’s stock.

Several other equities analysts also recently issued reports on the stock. Cowen and Company reaffirmed a “buy” rating and set a $50.00 price target (up previously from $41.00) on shares of Booz Allen Hamilton Holding Corporation in a research note on Thursday, October 12th. Wells Fargo & Company lifted their target price on shares of Booz Allen Hamilton Holding Corporation from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 25th. Zacks Investment Research downgraded shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. BidaskClub raised shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 24th. Finally, ValuEngine downgraded shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Six analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $39.72.

Booz Allen Hamilton Holding Corporation (NYSE BAH) opened at $37.17 on Tuesday. The stock has a market cap of $5,397.96, a price-to-earnings ratio of 20.12, a PEG ratio of 2.29 and a beta of 1.28. Booz Allen Hamilton Holding Corporation has a 52 week low of $31.06 and a 52 week high of $39.67. The company has a debt-to-equity ratio of 3.33, a quick ratio of 1.49 and a current ratio of 1.49.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its quarterly earnings results on Monday, November 6th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.02. The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.50 billion. Booz Allen Hamilton Holding Corporation had a net margin of 4.52% and a return on equity of 48.30%. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.46 earnings per share. sell-side analysts forecast that Booz Allen Hamilton Holding Corporation will post 1.92 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “Booz Allen Hamilton Holding Corporation (BAH) Now Covered by Stifel Nicolaus” was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/11/21/booz-allen-hamilton-holding-corporation-bah-now-covered-by-stifel-nicolaus.html.

In other Booz Allen Hamilton Holding Corporation news, insider Karen M. Dahut sold 46,406 shares of Booz Allen Hamilton Holding Corporation stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $38.02, for a total value of $1,764,356.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Elizabeth M. Thompson sold 10,000 shares of Booz Allen Hamilton Holding Corporation stock in a transaction on Monday, August 28th. The shares were sold at an average price of $33.77, for a total transaction of $337,700.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 114,407 shares of company stock valued at $4,209,710. Insiders own 3.04% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. Advisor Group Inc. increased 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 valued at $113,000 after purchasing an additional 405 shares in the last quarter. Brookstone Capital Management bought a new stake in Booz Allen Hamilton Holding Corporation in the second quarter valued at $255,000. PNC Financial Services Group Inc. increased 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 valued at $933,000 after purchasing an additional 1,183 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in Booz Allen Hamilton Holding Corporation in the second quarter valued at $277,000. Finally, Cubist Systematic Strategies LLC increased 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 valued at $1,802,000 after purchasing an additional 15,906 shares in the last quarter. 95.64% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Receive News & Stock Ratings for Booz Allen Hamilton Holding Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton Holding Corporation and related stocks with our FREE daily email newsletter.