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

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has been assigned an average recommendation of “Hold” from the twelve analysts that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $134.64.

A number of analysts recently commented on the stock. The Goldman Sachs Group cut shares of Booz Allen Hamilton from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $108.00 to $94.00 in a research report on Wednesday, May 28th. Barclays lowered their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 28th. Truist Financial lowered their price objective on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a “hold” rating for the company in a research report on Monday, April 14th. UBS Group upped their price objective on shares of Booz Allen Hamilton from $120.00 to $135.00 and gave the company a “neutral” rating in a research report on Monday, May 19th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an “underweight” rating for the company in a research report on Tuesday, April 15th.

Hedge Funds Weigh In On Booz Allen Hamilton

A number of large investors have recently modified their holdings of the business. M&T Bank Corp boosted its stake in shares of 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 buying an additional 88 shares during the last quarter. Trajan Wealth LLC boosted its stake in shares of Booz Allen Hamilton by 5.8% during the 4th quarter. Trajan Wealth LLC now owns 1,679 shares of the business services provider’s stock worth $216,000 after buying an additional 92 shares during the last quarter. Personal CFO Solutions LLC boosted its stake in shares of Booz Allen Hamilton by 3.5% during the 1st quarter. Personal CFO Solutions LLC now owns 2,739 shares of the business services provider’s stock worth $286,000 after buying an additional 92 shares during the last quarter. Raiffeisen Bank International AG lifted its stake in Booz Allen Hamilton by 4.9% in the 1st quarter. Raiffeisen Bank International AG now owns 2,137 shares of the business services provider’s stock valued at $225,000 after purchasing an additional 100 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Booz Allen Hamilton by 74.5% in the 1st 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 last quarter. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

Shares of Booz Allen Hamilton stock opened at $106.78 on Monday. The firm has a fifty day moving average of $110.36 and a two-hundred day moving average of $115.98. The stock has a market capitalization of $13.26 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 1.67 and a beta of 0.48. Booz Allen Hamilton has a 52 week low of $98.95 and a 52 week high of $190.59. The company has a debt-to-equity ratio of 3.90, a quick ratio of 1.79 and a current ratio of 1.79.

Booz Allen Hamilton (NYSE:BAH) last issued 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. The company had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $3.03 billion. Booz Allen Hamilton had a net margin of 7.81% and a return on equity of 72.35%. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.33 EPS. As a group, equities research analysts predict that Booz Allen Hamilton will post 6.44 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 11th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date was Wednesday, June 11th. Booz Allen Hamilton’s payout ratio is presently 30.34%.

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.