Booz Allen Hamilton (NYSE:BAH – Get Free Report) issued an update on its FY 2027 earnings guidance on Friday morning. The company provided earnings per share guidance of 6.000-6.35 for the period, compared to the consensus EPS estimate of 6.250. The company issued revenue guidance of $11.2 billion-$11.7 billion, compared to the consensus revenue estimate of $11.4 billion.
Analyst Ratings Changes
BAH has been the topic of several recent analyst reports. TD Cowen lowered their target price on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating on the stock in a research note on Tuesday, July 7th. Citigroup cut their price target on shares of Booz Allen Hamilton from $88.00 to $69.00 and set a “neutral” rating for the company in a report on Wednesday, July 1st. Cantor Fitzgerald reduced their price target on shares of Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating for the company in a research report on Thursday. Wells Fargo & Company assumed coverage on Booz Allen Hamilton in a report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 target price for the company. Finally, Truist Financial lowered their target price on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $84.46.
Read Our Latest Research Report on BAH
Booz Allen Hamilton Stock Up 10.4%
Booz Allen Hamilton (NYSE:BAH – Get Free Report) last announced its earnings results on Friday, July 24th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.32. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $2.81 billion. During the same quarter in the previous year, the company earned $1.48 earnings per share. The firm’s quarterly revenue was down 4.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. Sell-side analysts expect that Booz Allen Hamilton will post 6.31 EPS for the current year.
Booz Allen Hamilton Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Wednesday, June 10th were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio is presently 34.25%.
Key Headlines Impacting Booz Allen Hamilton
Here are the key news stories impacting Booz Allen Hamilton this week:
- Positive Sentiment: Booz Allen beat quarterly profit expectations by a wide margin, which signaled better-than-expected profitability and helped lift sentiment. Booz Allen Hamilton (BAH) Q1 Earnings Top Estimates
- Positive Sentiment: The company maintained FY2027 guidance, with EPS outlook of $6.00 to $6.35 and revenue guidance of $11.2 billion to $11.7 billion, easing fears that the slowdown would worsen. Booz Allen Hamilton Announces First Quarter Fiscal Year 2027 Results
- Neutral Sentiment: Revenue came in below expectations at $1.97 billion versus the much higher analyst forecast cited in the reports, and sales were down year over year, which remains a concern for growth investors. Booz Allen Hamilton earnings report
- Neutral Sentiment: Management said it is seeing accelerating demand in parts of the business, but the top-line weakness means investors are still weighing stronger margins against slower sales. Booz Allen Profit, Revenue Falls Despite Accelerating Demand
Hedge Funds Weigh In On Booz Allen Hamilton
A number of institutional investors and hedge funds have recently modified their holdings of the company. Sivia Capital Partners LLC increased its stake in Booz Allen Hamilton by 53.7% in the second quarter. Sivia Capital Partners LLC now owns 4,460 shares of the business services provider’s stock valued at $464,000 after purchasing an additional 1,559 shares during the last quarter. Transamerica Financial Advisors LLC lifted its position in shares of Booz Allen Hamilton by 82.5% during the 4th quarter. Transamerica Financial Advisors LLC now owns 823 shares of the business services provider’s stock worth $69,000 after buying an additional 372 shares during the last quarter. Quarry LP purchased a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $94,000. Johnson Financial Group Inc. boosted its holdings in shares of Booz Allen Hamilton by 26.1% in the 3rd quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock valued at $60,000 after buying an additional 124 shares in the last quarter. Finally, Quadrant Capital Group LLC acquired a new position in shares of Booz Allen Hamilton in the 3rd quarter valued at $89,000. 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.
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