Booz Allen Hamilton Holding Corp. PT Raised to $26.00 at JPMorgan Chase & Co. (BAH)
Analysts at JPMorgan Chase & Co. lifted their price objective on shares of Booz Allen Hamilton Holding Corp. (NYSE:BAH) from $25.00 to $26.00 in a research report issued to clients and investors on Thursday. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 17.22% from the company’s current price.
Booz Allen Hamilton Holding Corp. (NYSE:BAH) traded down 0.27% on Thursday, hitting $22.18. 801,985 shares of the company’s stock traded hands. Booz Allen Hamilton Holding Corp. has a one year low of $16.61 and a one year high of $25.32. The stock’s 50-day moving average is $21.35 and its 200-day moving average is $21.43. The company has a market cap of $3.240 billion and a price-to-earnings ratio of 14.48.
Booz Allen Hamilton Holding Corp. (NYSE:BAH) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.42 by $0.08. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the company posted $0.50 earnings per share. Booz Allen Hamilton Holding Corp.’s revenue was down 7.4% compared to the same quarter last year. Analysts expect that Booz Allen Hamilton Holding Corp. will post $1.63 EPS for the current fiscal year.
The company also recently announced a special dividend, which is scheduled for Friday, August 29th. Investors of record on Monday, August 11th will be paid a dividend of $1.00 per share. This represents a dividend yield of 1.96%. The ex-dividend date is Thursday, August 7th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse upgraded shares of Booz Allen Hamilton Holding Corp. from a “neutral” rating to an “outperform” rating in a research note on Thursday. They now have a $27.00 price target on the stock, up previously from $23.00. Separately, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Booz Allen Hamilton Holding Corp. in a research note on Thursday, July 24th. They now have a $21.00 price target on the stock, down previously from $22.00. Finally, 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. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $29.13.
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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