Booz Allen Hamilton Holding Corp. Given Consensus Recommendation of “Hold” by Analysts (NYSE:BAH)
Booz Allen Hamilton Holding Corp. (NYSE:BAH) has been given an average recommendation of “Hold” by the eight ratings firms that are covering the stock, Analyst Ratings Network.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $29.32.
Booz Allen Hamilton Holding Corp. (NYSE:BAH) traded down 0.33% on Tuesday, hitting $21.04. The stock had a trading volume of 30,536 shares. Booz Allen Hamilton Holding Corp. has a 52-week low of $16.61 and a 52-week high of $25.32. The stock has a 50-day moving average of $21.75 and a 200-day moving average of $21.24. The company has a market cap of $3.048 billion and a P/E ratio of 13.71.
Booz Allen Hamilton Holding Corp. (NYSE:BAH) last announced its earnings results on Wednesday, May 21st. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.02. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company’s revenue for the quarter was down 9.4% on a year-over-year basis. On average, analysts predict that Booz Allen Hamilton Holding Corp. will post $1.56 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on BAH shares. Analysts at Bank of America downgraded shares of Booz Allen Hamilton Holding Corp. from a “buy” rating to an “underperform” rating in a research note on Tuesday, June 17th. Separately, analysts at Cowen and Company initiated coverage on shares of Booz Allen Hamilton Holding Corp. in a research note on Thursday, June 5th. They set a “market perform” rating and a $25.00 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Booz Allen Hamilton Holding Corp. in a research note on Friday, May 23rd. They now have a $56.00 price target on the stock, down previously from $63.00.
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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