Booz Allen Hamilton’s (BAH) Neutral Rating Reaffirmed at The Goldman Sachs Group

Booz Allen Hamilton (NYSE:BAH)‘s stock had its “neutral” rating reaffirmed by investment analysts at The Goldman Sachs Group in a research note issued to investors on Friday,Benzinga reports. They currently have a $109.00 price target on the business services provider’s stock, down from their prior price target of $150.00. The Goldman Sachs Group’s target price would suggest a potential upside of 0.25% from the company’s previous close.

Several other analysts have also recently commented on BAH. William Blair cut shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating in a research note on Friday, February 21st. JPMorgan Chase & Co. lowered their target price on Booz Allen Hamilton from $142.00 to $140.00 and set an “underweight” rating for the company in a research note on Monday, February 3rd. Wells Fargo & Company dropped their target price on Booz Allen Hamilton from $164.00 to $148.00 and set an “overweight” rating for the company in a research report on Tuesday. TD Cowen lowered their price objective on Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Finally, Raymond James upgraded shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $152.36.

Booz Allen Hamilton Trading Up 0.6 %

Shares of BAH opened at $108.73 on Friday. The stock has a fifty day moving average price of $112.76 and a two-hundred day moving average price of $136.74. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The company has a market cap of $13.77 billion, a price-to-earnings ratio of 16.20, a PEG ratio of 1.25 and a beta of 0.58. Booz Allen Hamilton has a 52-week low of $101.05 and a 52-week high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. Analysts predict that Booz Allen Hamilton will post 6.44 EPS for the current fiscal year.

Institutional Trading of Booz Allen Hamilton

Large investors have recently made changes to their positions in the company. Moody Aldrich Partners LLC grew its stake in Booz Allen Hamilton by 4.7% in the fourth quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider’s stock valued at $214,000 after acquiring an additional 74 shares during the period. Bleakley Financial Group LLC grew its position in shares of Booz Allen Hamilton by 4.3% in the 4th quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock valued at $234,000 after purchasing an additional 75 shares during the period. Tokio Marine Asset Management Co. Ltd. grew its position in shares of Booz Allen Hamilton by 2.0% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock valued at $535,000 after purchasing an additional 82 shares during the period. M&T Bank Corp increased its stake in Booz Allen Hamilton by 0.9% during the 4th quarter. M&T Bank Corp now owns 10,171 shares of the business services provider’s stock worth $1,309,000 after purchasing an additional 88 shares in the last quarter. Finally, Verdence Capital Advisors LLC raised its holdings in Booz Allen Hamilton by 0.5% during the 4th quarter. Verdence Capital Advisors LLC now owns 16,579 shares of the business services provider’s stock worth $2,134,000 after buying an additional 90 shares during the period. Institutional investors own 91.82% of the company’s stock.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.