Booz Allen Hamilton Holding Corp. (BAH) Updates FY14 Earnings Guidance
Booz Allen Hamilton Holding Corp. (NYSE:BAH) updated its FY14 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $1.58-1.62 for the period, compared to the Thomson Reuters consensus estimate of $1.65, Stock Ratings News reports.
On a related note, analysts at Citigroup Inc. initiated coverage on shares of Booz Allen Hamilton Holding Corp. in a research note to investors on Monday, January 13th. They set a neutral rating and a $19.00 price target on the stock. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has an average rating of Hold and an average target price of $21.73.
Booz Allen Hamilton Holding Corp. (NYSE:BAH) traded up 1.36% on Friday, hitting $17.95. 186,100 shares of the company’s stock traded hands. Booz Allen Hamilton Holding Corp. has a one year low of $12.51 and a one year high of $22.27. The stock has a 50-day moving average of $18.49 and a 200-day moving average of $18.96. The company has a market cap of $2.588 billion and a price-to-earnings ratio of 10.48.
Booz Allen Hamilton Holding Corp. (NYSE:BAH) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.33 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.33. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the previous year, the company posted $0.41 earnings per share. The company’s revenue for the quarter was down 8.8% on a year-over-year basis. Analysts expect that Booz Allen Hamilton Holding Corp. will post $1.65 EPS for the current fiscal year.
The company also recently announced a special dividend, which is scheduled for Friday, February 28th. Shareholders of record on Monday, February 10th will be paid a dividend of 1.00 per share.
Booz Allen Hamilton Holding Corporation (NYSE:BAH) is a united States-based company that provides of management and technology consulting services to the United States government in the defense, intelligence and civil markets.
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