Booz Allen Hamilton Holding Corporation (NYSE:BAH) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) have earned a consensus recommendation of “Reduce” from the fifteen analysts that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $83.69.

Several analysts recently weighed in on BAH shares. Truist Financial dropped their target price on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating for the company in a report on Friday, July 10th. The Goldman Sachs Group lowered their price target on Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating for the company in a research report on Tuesday, July 14th. Weiss Ratings cut Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, July 8th. Jefferies Financial Group reiterated a “hold” rating and issued a $80.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, September 1st. Finally, Cantor Fitzgerald decreased their target price on Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of hedge funds and other institutional investors have recently modified their holdings of BAH. Security National Bank of SO Dak lifted its stake in shares of Booz Allen Hamilton by 0.8% in the 2nd quarter. Security National Bank of SO Dak now owns 19,348 shares of the business services provider’s stock worth $1,174,000 after acquiring an additional 158 shares during the period. Versant Capital Management Inc raised its holdings in Booz Allen Hamilton by 30.8% during the third quarter. Versant Capital Management Inc now owns 768 shares of the business services provider’s stock worth $53,000 after purchasing an additional 181 shares in the last quarter. Ipsen Advisor Group LLC raised its holdings in Booz Allen Hamilton by 5.6% during the fourth quarter. Ipsen Advisor Group LLC now owns 4,480 shares of the business services provider’s stock worth $378,000 after purchasing an additional 236 shares in the last quarter. IFP Advisors Inc lifted its position in Booz Allen Hamilton by 24.8% in the second quarter. IFP Advisors Inc now owns 1,377 shares of the business services provider’s stock valued at $84,000 after purchasing an additional 274 shares during the period. Finally, Global Retirement Partners LLC lifted its position in Booz Allen Hamilton by 68.7% in the fourth quarter. Global Retirement Partners LLC now owns 690 shares of the business services provider’s stock valued at $58,000 after purchasing an additional 281 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Price Performance

Booz Allen Hamilton stock opened at $67.29 on Wednesday. The company has a fifty day simple moving average of $74.44 and a 200-day simple moving average of $74.32. The firm has a market capitalization of $8.09 billion, a price-to-earnings ratio of 10.58, a PEG ratio of 1.62 and a beta of 0.37. The company has a quick ratio of 1.59, a current ratio of 1.60 and a debt-to-equity ratio of 3.26. Booz Allen Hamilton has a 52-week low of $59.50 and a 52-week high of $109.10.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, July 24th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.32. The business had revenue of $1.97 billion during the quarter, compared to analyst estimates of $2.81 billion. Booz Allen Hamilton had a return on equity of 76.71% and a net margin of 7.01%.The business’s revenue was down 4.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.48 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. On average, equities analysts anticipate that Booz Allen Hamilton will post 6.34 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were issued a dividend of $0.59 per share. The ex-dividend date was Friday, August 14th. This represents a $2.36 annualized dividend and a yield of 3.5%. Booz Allen Hamilton’s dividend payout ratio is 37.11%.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that primarily serves the U.S. government, including defense, intelligence, civil, and health agencies. The company helps clients address complex national security, public-sector, and business challenges through consulting, engineering, technology integration, and mission-support services.

Its capabilities include artificial intelligence and data analytics, cybersecurity, digital transformation, cloud computing, systems engineering, software development, program management, and organizational strategy.