Wall Street brokerages predict that Booz Allen Hamilton Holding Co. (NYSE:BAH) will report $0.62 earnings per share for the current quarter, Zacks Investment Research reports. Six analysts have provided estimates for Booz Allen Hamilton’s earnings, with the highest EPS estimate coming in at $0.67 and the lowest estimate coming in at $0.58. Booz Allen Hamilton posted earnings per share of $0.52 in the same quarter last year, which suggests a positive year over year growth rate of 19.2%. The firm is scheduled to report its next earnings results before the market opens on Tuesday, May 28th.
On average, analysts expect that Booz Allen Hamilton will report full year earnings of $2.72 per share for the current fiscal year, with EPS estimates ranging from $2.65 to $2.75. For the next year, analysts anticipate that the firm will post earnings of $2.96 per share, with EPS estimates ranging from $2.82 to $3.05. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Booz Allen Hamilton.
Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, February 1st. The business services provider reported $0.72 EPS for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.14. The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.60 billion. Booz Allen Hamilton had a return on equity of 61.40% and a net margin of 6.31%. The business’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.51 earnings per share.
A number of equities research analysts have weighed in on BAH shares. Zacks Investment Research upgraded Booz Allen Hamilton from a “hold” rating to a “strong-buy” rating and set a $53.00 target price for the company in a research report on Wednesday, January 16th. Wells Fargo & Co set a $58.00 target price on Booz Allen Hamilton and gave the stock a “buy” rating in a research report on Saturday, February 2nd. Finally, ValuEngine upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research report on Friday, January 4th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $53.63.
In other news, EVP Nancy Laben sold 15,000 shares of the stock in a transaction on Monday, March 11th. The stock was sold at an average price of $55.02, for a total transaction of $825,300.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Horacio Rozanski sold 45,000 shares of the stock in a transaction on Thursday, January 31st. The shares were sold at an average price of $49.00, for a total value of $2,205,000.00. The disclosure for this sale can be found here. Insiders sold 98,625 shares of company stock valued at $5,106,885 over the last 90 days. 3.56% of the stock is currently owned by insiders.
Several large investors have recently made changes to their positions in BAH. JPMorgan Chase & Co. lifted its position in shares of Booz Allen Hamilton by 541.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,885,425 shares of the business services provider’s stock valued at $93,574,000 after acquiring an additional 1,591,484 shares during the last quarter. Norges Bank acquired a new stake in Booz Allen Hamilton during the 4th quarter valued at $56,685,000. FMR LLC raised its stake in Booz Allen Hamilton by 61.8% during the 4th quarter. FMR LLC now owns 3,216,528 shares of the business services provider’s stock valued at $144,968,000 after purchasing an additional 1,228,961 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in Booz Allen Hamilton by 38,875.4% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 834,074 shares of the business services provider’s stock valued at $37,591,000 after purchasing an additional 831,934 shares during the period. Finally, Acadian Asset Management LLC raised its stake in Booz Allen Hamilton by 154.6% during the 4th quarter. Acadian Asset Management LLC now owns 863,664 shares of the business services provider’s stock valued at $38,924,000 after purchasing an additional 524,422 shares during the period. Institutional investors own 95.00% of the company’s stock.
Shares of NYSE:BAH traded down $0.50 during midday trading on Friday, reaching $57.03. The company’s stock had a trading volume of 33,117 shares, compared to its average volume of 951,754. The company has a market cap of $8.17 billion, a P/E ratio of 28.35, a P/E/G ratio of 1.35 and a beta of 1.08. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 2.54. Booz Allen Hamilton has a 1 year low of $38.46 and a 1 year high of $58.77.
Booz Allen Hamilton Company Profile
Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.
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