Booz Allen Hamilton Holding Receives Consensus Recommendation of “Buy” from Analysts (NYSE:BAH)
Booz Allen Hamilton Holding (NYSE:BAH) has received an average recommendation of “Buy” from the eight brokerages that are currently covering the stock, AnalystRatings.Net reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $30.17.
Shares of Booz Allen Hamilton Holding (NYSE:BAH) traded up 0.46% on Monday, hitting $22.06. The stock had a trading volume of 114,894 shares. Booz Allen Hamilton Holding 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 $21.74. The company has a market cap of $3.223 billion and a P/E ratio of 14.30.
Booz Allen Hamilton Holding (NYSE:BAH) last released its earnings data on Wednesday, July 30th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.50 earnings per share. The company’s revenue for the quarter was down 7.4% on a year-over-year basis. On average, analysts predict that Booz Allen Hamilton Holding will post $1.63 earnings per share for the current fiscal year.
The company also recently declared a special dividend, which is scheduled for Friday, August 29th. Stockholders of record on Monday, August 11th will be given a dividend of $1.00 per share. This represents a yield of 1.96%. The ex-dividend date of this dividend is Thursday, August 7th.
A number of analysts have recently weighed in on BAH shares. Analysts at JPMorgan Chase & Co. raised their price target on shares of Booz Allen Hamilton Holding from $25.00 to $26.00 in a research note on Thursday, July 31st. They now have an “overweight” rating on the stock. Separately, analysts at Credit Suisse upgraded shares of Booz Allen Hamilton Holding from a “neutral” rating to an “outperform” rating in a research note on Thursday, July 31st. They now have a $27.00 price target on the stock, up previously from $23.00. Finally, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Booz Allen Hamilton Holding in a research note on Thursday, July 24th. They now have a $21.00 price target on the stock, down previously from $22.00.
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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