Booz Allen Hamilton Holding Corporation (NYSE:BAH) updated its FY18 earnings guidance on Monday. The company provided EPS guidance of $1.83-1.93 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.88. The company issued revenue guidance of +4-7% to ~$6.036-6.210 billion, compared to the consensus revenue estimate of $6.17 billion.

A number of brokerages have recently weighed in on BAH. Cowen and Company reiterated a buy rating and set a $41.00 target price on shares of Booz Allen Hamilton Holding Corporation in a research note on Monday. Jefferies Group LLC lowered Booz Allen Hamilton Holding Corporation from a buy rating to a hold rating and set a $36.00 target price on the stock. in a research note on Monday, July 17th. Wells Fargo & Company reiterated an outperform rating and set a $40.00 target price (down previously from $43.00) on shares of Booz Allen Hamilton Holding Corporation in a research note on Friday, June 16th. Bank of America Corporation lowered Booz Allen Hamilton Holding Corporation from a buy rating to a neutral rating in a research note on Friday, June 16th. Finally, Raymond James Financial, Inc. restated a market perform rating on shares of Booz Allen Hamilton Holding Corporation in a research note on Friday, June 16th. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus target price of $37.35.

Booz Allen Hamilton Holding Corporation (BAH) opened at 34.61 on Monday. Booz Allen Hamilton Holding Corporation has a 1-year low of $29.55 and a 1-year high of $39.67. The firm’s 50-day moving average price is $33.73 and its 200-day moving average price is $35.48. The company has a market cap of $5.12 billion, a price-to-earnings ratio of 20.79 and a beta of 1.31.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last issued its earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.06. Booz Allen Hamilton Holding Corporation had a net margin of 4.35% and a return on equity of 49.46%. The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the previous year, the firm posted $0.46 EPS. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year. Equities research analysts forecast that Booz Allen Hamilton Holding Corporation will post $1.88 EPS for the current fiscal year.

The firm also recently announced a dividend, which will be paid on Thursday, August 31st. Shareholders of record on Monday, August 14th will be issued a dividend of $0.17 per share. This is a boost from Booz Allen Hamilton Holding Corporation’s previous dividend of $0.13. The ex-dividend date is Thursday, August 10th. Booz Allen Hamilton Holding Corporation’s payout ratio is presently 40.72%.

In other Booz Allen Hamilton Holding Corporation news, CFO Lloyd Howell, Jr. sold 24,140 shares of the business’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $38.51, for a total transaction of $929,631.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Joseph W. Mahaffee sold 50,000 shares of the business’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $39.00, for a total transaction of $1,950,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 239,140 shares of company stock worth $9,225,081 in the last three months. Insiders own 3.04% of the company’s stock.

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About Booz Allen Hamilton Holding Corporation

Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.

Earnings History and Estimates for Booz Allen Hamilton Holding Corporation (NYSE:BAH)

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