Booz Allen Hamilton Holding Co. (NYSE:BAH) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been given an average recommendation of “Hold” by the eleven brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $141.70.

Several equities analysts recently commented on BAH shares. UBS Group upped their price target on shares of Booz Allen Hamilton from $120.00 to $135.00 and gave the stock a “neutral” rating in a research report on Monday, May 19th. JPMorgan Chase & Co. dropped their price objective on Booz Allen Hamilton from $140.00 to $120.00 and set an “underweight” rating for the company in a report on Tuesday, April 15th. Cantor Fitzgerald raised Booz Allen Hamilton to a “strong-buy” rating in a research report on Tuesday, February 25th. Raymond James reissued a “market perform” rating on shares of Booz Allen Hamilton in a research report on Friday. Finally, Wall Street Zen lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Saturday.

Institutional Investors Weigh In On Booz Allen Hamilton

Institutional investors and hedge funds have recently modified their holdings of the stock. Bogart Wealth LLC lifted its position in Booz Allen Hamilton by 387.5% during the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after acquiring an additional 155 shares in the last quarter. OFI Invest Asset Management acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth $25,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Booz Allen Hamilton by 74.5% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 105 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Booz Allen Hamilton by 144.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 134 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in Booz Allen Hamilton during the 4th quarter worth $31,000. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Trading Down 16.2%

Shares of BAH opened at $108.27 on Friday. Booz Allen Hamilton has a fifty-two week low of $101.05 and a fifty-two week high of $190.59. The company has a market capitalization of $13.71 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. The stock has a fifty day moving average of $115.14 and a two-hundred day moving average of $126.35. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, May 23rd. The business services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.59 by $0.02. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. The firm had revenue of $2.97 billion during the quarter, compared to analyst estimates of $3.03 billion. During the same period in the prior year, the firm posted $1.33 earnings per share. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. As a group, analysts forecast that Booz Allen Hamilton will post 6.44 EPS for the current year.

Booz Allen Hamilton Company Profile

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.