Booz Allen Hamilton (NYSE:BAH) Sets New 1-Year Low – Time to Sell?

Booz Allen Hamilton Holding Corporation (NYSE:BAH) shares reached a new 52-week low on Thursday . The company traded as low as $68.11 and last traded at $68.3210, with a volume of 445162 shares traded. The stock had previously closed at $71.10.

Analysts Set New Price Targets

A number of equities analysts have recently commented on BAH shares. BNP Paribas Exane assumed coverage on shares of Booz Allen Hamilton in a report on Wednesday, May 27th. They set a “neutral” rating and a $80.00 price target on the stock. Wells Fargo & Company assumed coverage on Booz Allen Hamilton in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 target price for the company. Stifel Nicolaus set a $110.00 target price on Booz Allen Hamilton and gave the stock a “buy” rating in a report on Tuesday, May 26th. JPMorgan Chase & Co. reduced their price target on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 26th. Finally, TD Cowen reissued a “hold” rating on shares of Booz Allen Hamilton in a research note on Tuesday, May 26th. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Booz Allen Hamilton has an average rating of “Reduce” and a consensus target price of $88.00.

Booz Allen Hamilton Stock Performance

The company has a debt-to-equity ratio of 3.55, a current ratio of 1.78 and a quick ratio of 1.78. The company’s 50-day moving average price is $78.16 and its two-hundred day moving average price is $82.57. The company has a market capitalization of $8.11 billion, a price-to-earnings ratio of 9.82, a PEG ratio of 4.22 and a beta of 0.32.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.46. The business had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.87 billion. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. Booz Allen Hamilton’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.61 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. On average, equities research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.23 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Wednesday, June 10th will be given a dividend of $0.59 per share. The ex-dividend date is Wednesday, June 10th. This represents a $2.36 annualized dividend and a dividend yield of 3.5%. Booz Allen Hamilton’s dividend payout ratio is presently 34.25%.

Institutional Investors Weigh In On Booz Allen Hamilton

Several large investors have recently added to or reduced their stakes in the business. Primecap Management Co. CA boosted its holdings in shares of Booz Allen Hamilton by 135.2% during the 4th quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider’s stock worth $393,649,000 after buying an additional 2,682,460 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of Booz Allen Hamilton by 38.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,528,226 shares of the business services provider’s stock valued at $550,722,000 after acquiring an additional 1,811,906 shares during the period. Norges Bank acquired a new position in shares of Booz Allen Hamilton during the 4th quarter valued at $143,749,000. State Street Corp boosted its stake in Booz Allen Hamilton by 53.2% during the fourth quarter. State Street Corp now owns 4,402,897 shares of the business services provider’s stock worth $371,428,000 after acquiring an additional 1,528,739 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in Booz Allen Hamilton by 36.0% in the fourth quarter. First Trust Advisors LP now owns 4,856,528 shares of the business services provider’s stock worth $409,697,000 after purchasing an additional 1,285,475 shares during the period. Institutional investors and hedge funds 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.