Booz Allen Hamilton Holding Corporation (NYSE:BAH) Given Average Recommendation of “Reduce” by Analysts

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) have been assigned an average recommendation of “Reduce” from the fourteen brokerages that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $88.00.

Several research analysts recently commented on BAH shares. Weiss Ratings raised shares of Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, June 23rd. William Blair reissued an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday, March 3rd. Jefferies Financial Group set a $85.00 price target on shares of Booz Allen Hamilton in a report on Monday, May 11th. Truist Financial dropped their price target on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a research report on Monday, April 20th. Finally, Wells Fargo & Company began coverage on Booz Allen Hamilton in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 price target on the stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Primecap Management Co. CA boosted its stake in shares of Booz Allen Hamilton by 56.6% in the third quarter. Primecap Management Co. CA now owns 1,983,838 shares of the business services provider’s stock worth $198,285,000 after acquiring an additional 716,780 shares during the period. Citigroup Inc. grew its holdings in Booz Allen Hamilton by 413.4% during the 3rd quarter. Citigroup Inc. now owns 389,301 shares of the business services provider’s stock valued at $38,911,000 after buying an additional 313,472 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Booz Allen Hamilton by 1,269.7% during the 3rd quarter. Victory Capital Management Inc. now owns 665,152 shares of the business services provider’s stock valued at $66,482,000 after buying an additional 616,591 shares in the last quarter. Altrinsic Global Advisors LLC grew its holdings in Booz Allen Hamilton by 51.8% during the 3rd quarter. Altrinsic Global Advisors LLC now owns 96,626 shares of the business services provider’s stock valued at $9,658,000 after buying an additional 32,970 shares in the last quarter. Finally, Rathbones Group PLC grew its holdings in Booz Allen Hamilton by 21.8% during the 3rd quarter. Rathbones Group PLC now owns 799,265 shares of the business services provider’s stock valued at $79,887,000 after buying an additional 142,968 shares in the last quarter. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 0.2%

NYSE BAH opened at $62.10 on Monday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55. The company has a market capitalization of $7.44 billion, a price-to-earnings ratio of 9.01, a PEG ratio of 3.55 and a beta of 0.32. The stock’s 50-day simple moving average is $75.67 and its two-hundred day simple moving average is $81.50. Booz Allen Hamilton has a twelve month low of $59.50 and a twelve month high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, May 22nd. The business services provider reported $1.78 EPS for the quarter, topping the consensus estimate of $1.32 by $0.46. The firm had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $2.87 billion. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The business’s revenue was down 5.9% compared to the same quarter last year. During the same period last year, the firm posted $1.61 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Research analysts forecast that Booz Allen Hamilton will post 6.23 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Wednesday, June 10th were paid a $0.59 dividend. The ex-dividend date was Wednesday, June 10th. This represents a $2.36 annualized dividend and a dividend yield of 3.8%. Booz Allen Hamilton’s dividend payout ratio is presently 34.25%.

About Booz Allen Hamilton

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.