Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives $161.78 Average Price Target from Analysts

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been given a consensus rating of “Moderate Buy” by the ten analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $161.78.

BAH has been the topic of a number of research reports. Wells Fargo & Company upped their price objective on Booz Allen Hamilton from $158.00 to $169.00 and gave the company an “equal weight” rating in a report on Tuesday, May 28th. Stifel Nicolaus lifted their price objective on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, May 21st. JPMorgan Chase & Co. increased their target price on shares of Booz Allen Hamilton from $136.00 to $154.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 10th. Jefferies Financial Group lifted their price target on shares of Booz Allen Hamilton from $180.00 to $185.00 and gave the company a “buy” rating in a research report on Wednesday, May 29th. Finally, Barclays increased their price target on Booz Allen Hamilton from $135.00 to $153.00 and gave the stock an “underweight” rating in a research report on Wednesday, May 29th.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $139.86 on Monday. The company’s 50-day moving average is $154.34 and its 200-day moving average is $147.37. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.62 and a quick ratio of 1.62. The firm has a market capitalization of $18.09 billion, a PE ratio of 29.83, a PEG ratio of 2.19 and a beta of 0.57. Booz Allen Hamilton has a fifty-two week low of $106.90 and a fifty-two week high of $164.43.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, May 24th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.10. Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. The firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period last year, the business posted $1.01 earnings per share. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. Equities analysts forecast that Booz Allen Hamilton will post 6.05 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 13th were issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend was Thursday, June 13th. Booz Allen Hamilton’s dividend payout ratio is presently 44.35%.

Insider Activity

In related news, CFO Matthew Calderone sold 332 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $51,177.80. Following the sale, the chief financial officer now directly owns 23,438 shares of the company’s stock, valued at $3,612,967.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CFO Matthew Calderone sold 332 shares of the stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $51,177.80. Following the completion of the transaction, the chief financial officer now owns 23,438 shares of the company’s stock, valued at $3,612,967.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Horacio Rozanski sold 34,571 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the completion of the sale, the chief executive officer now owns 579,025 shares in the company, valued at $89,256,703.75. The disclosure for this sale can be found here. In the last quarter, insiders have sold 58,255 shares of company stock worth $8,970,026. Insiders own 1.59% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its position in Booz Allen Hamilton by 20.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 15,212 shares of the business services provider’s stock valued at $2,341,000 after purchasing an additional 2,569 shares during the last quarter. Alta Capital Management LLC raised its holdings in Booz Allen Hamilton by 0.8% in the 2nd quarter. Alta Capital Management LLC now owns 18,410 shares of the business services provider’s stock valued at $2,833,000 after buying an additional 147 shares during the last quarter. West Oak Capital LLC boosted its position in Booz Allen Hamilton by 72.7% during the 2nd quarter. West Oak Capital LLC now owns 950 shares of the business services provider’s stock worth $146,000 after buying an additional 400 shares during the period. &PARTNERS bought a new stake in Booz Allen Hamilton during the 2nd quarter worth approximately $277,000. Finally, Tevis Investment Management acquired a new position in Booz Allen Hamilton in the 2nd quarter valued at approximately $383,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

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 also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.