Analysts at Stifel Nicolaus started coverage on shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in a report issued on Tuesday, MarketBeat.com reports. The firm set a “buy” rating and a $46.00 price target on the business services provider’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 21.82% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the company. Zacks Investment Research upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research note on Wednesday, November 8th. Jefferies Group LLC upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Cowen and Company reiterated a “buy” rating and issued a $50.00 price target (up from $41.00) on shares of Booz Allen Hamilton Holding Corporation in a research note on Thursday, October 12th. Vertical Research upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research note on Tuesday, October 3rd. Finally, BidaskClub upgraded Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating in a research note on Friday, August 18th. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $40.35.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) traded up $0.59 during midday trading on Tuesday, reaching $37.76. The company’s stock had a trading volume of 809,469 shares, compared to its average volume of 1,158,502. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.33. Booz Allen Hamilton Holding Corporation has a 12-month low of $31.06 and a 12-month high of $39.67. The company has a market capitalization of $5,510.00, a PE ratio of 20.12, a PEG ratio of 2.29 and a beta of 1.28.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its earnings results on Monday, November 6th. The business services provider reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.02. Booz Allen Hamilton Holding Corporation had a return on equity of 48.30% and a net margin of 4.52%. The firm had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the prior year, the company earned $0.46 earnings per share. The company’s quarterly revenue was up 10.6% on a year-over-year basis. equities research analysts expect that Booz Allen Hamilton Holding Corporation will post 1.92 earnings per share for the current year.

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In related news, insider Karen M. Dahut sold 46,406 shares of the stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $38.02, for a total value of $1,764,356.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Horacio Rozanski sold 30,000 shares of the stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of $36.01, for a total value of $1,080,300.00. The disclosure for this sale can be found here. Insiders sold 114,407 shares of company stock valued at $4,209,710 over the last 90 days. 3.04% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of BAH. Ameriprise Financial Inc. increased its holdings in Booz Allen Hamilton Holding Corporation by 92.5% in the second quarter. Ameriprise Financial Inc. now owns 3,405,492 shares of the business services provider’s stock valued at $110,798,000 after purchasing an additional 1,636,510 shares during the period. TimesSquare Capital Management LLC increased its holdings in Booz Allen Hamilton Holding Corporation by 34.9% in the second quarter. TimesSquare Capital Management LLC now owns 6,148,375 shares of the business services provider’s stock valued at $200,068,000 after purchasing an additional 1,589,920 shares during the period. Citadel Advisors LLC increased its holdings in Booz Allen Hamilton Holding Corporation by 120.4% in the third quarter. Citadel Advisors LLC now owns 2,877,330 shares of the business services provider’s stock valued at $107,583,000 after purchasing an additional 1,571,542 shares during the period. Findlay Park Partners LLP increased its holdings in Booz Allen Hamilton Holding Corporation by 51.7% in the second quarter. Findlay Park Partners LLP now owns 3,700,000 shares of the business services provider’s stock valued at $120,398,000 after purchasing an additional 1,261,292 shares during the period. Finally, Southpoint Capital Advisors LP acquired a new stake in Booz Allen Hamilton Holding Corporation in the second quarter valued at $19,524,000. Institutional investors and hedge funds own 95.64% of the company’s stock.

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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