Booz Allen Hamilton Holding Corporation (NYSE:BAH)‘s stock had its “buy” rating restated by investment analysts at Cowen and Company in a research report issued on Monday. They currently have a $41.00 target price on the business services provider’s stock. Cowen and Company’s price objective indicates a potential upside of 18.46% from the company’s previous close.

The analysts wrote, “Investors should be positive to good Q1 execution and robust bookings, despite.””

Other equities research analysts have also issued reports about the company. Barclays PLC lowered Booz Allen Hamilton Holding Corporation from an “overweight” rating to an “equal weight” rating and set a $38.00 price target for the company. in a research note on Monday, May 1st. Zacks Investment Research lowered Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, May 16th. Drexel Hamilton lowered Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and decreased their price target for the stock from $39.67 to $27.47 in a research note on Friday, June 16th. Vertical Research lowered Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and decreased their price target for the stock from $42.00 to $36.00 in a research note on Friday, June 16th. Finally, Jefferies Group LLC lowered Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and set a $36.00 price target for the company. in a research note on Monday, July 17th. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $37.35.

Booz Allen Hamilton Holding Corporation (NYSE: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 stock’s 50 day moving average price is $33.73 and its 200 day moving average price is $35.48. The stock has a market capitalization of $5.12 billion, a PE ratio of 20.79 and a beta of 1.31.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last issued its quarterly earnings results on Monday, May 22nd. The business services provider reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.02. Booz Allen Hamilton Holding Corporation had a return on equity of 49.46% and a net margin of 4.35%. The firm had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same period last year, the company earned $0.41 EPS. Booz Allen Hamilton Holding Corporation’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, equities research analysts predict that Booz Allen Hamilton Holding Corporation will post $1.88 earnings per share for the current fiscal year.

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In other Booz Allen Hamilton Holding Corporation news, CAO Joseph W. Mahaffee sold 50,000 shares of Booz Allen Hamilton Holding Corporation stock in a transaction on Thursday, May 25th. The stock was sold at an average price of $39.00, for a total transaction of $1,950,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Lloyd Howell, Jr. sold 24,140 shares of Booz Allen Hamilton Holding Corporation stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $38.51, for a total value of $929,631.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 239,140 shares of company stock valued at $9,225,081. 3.04% of the stock is currently owned by corporate insiders.

A number of large investors have recently modified their holdings of BAH. Boston Private Wealth LLC raised its stake in shares of Booz Allen Hamilton Holding Corporation by 11.9% in the second quarter. Boston Private Wealth LLC now owns 30,774 shares of the business services provider’s stock worth $1,001,000 after buying an additional 3,281 shares during the period. William Blair Investment Management LLC increased its position in shares of Booz Allen Hamilton Holding Corporation by 1.3% in the second quarter. William Blair Investment Management LLC now owns 7,862,778 shares of the business services provider’s stock worth $255,855,000 after buying an additional 99,904 shares in the last quarter. Marshall Wace North America L.P. bought a new position in shares of Booz Allen Hamilton Holding Corporation during the second quarter worth about $8,221,000. Blair William & Co. IL increased its position in shares of Booz Allen Hamilton Holding Corporation by 83.7% in the second quarter. Blair William & Co. IL now owns 54,071 shares of the business services provider’s stock worth $1,759,000 after buying an additional 24,635 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its position in shares of Booz Allen Hamilton Holding Corporation by 5.3% in the second quarter. BNP Paribas Arbitrage SA now owns 30,675 shares of the business services provider’s stock worth $998,000 after buying an additional 1,552 shares in the last quarter. 95.17% of the stock is owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Booz Allen Hamilton Holding Corporation (NYSE:BAH)

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