Booz Allen Hamilton Holding Co. (BAH) Receives Consensus Rating of “Buy” from Analysts
Booz Allen Hamilton Holding Co. (NYSE:BAH) has earned a consensus rating of “Buy” from the fourteen research firms that are currently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $40.83.
Several equities analysts have recently commented on BAH shares. Cowen restated a “buy” rating and issued a $41.00 target price on shares of Booz Allen Hamilton in a research report on Monday, August 7th. BidaskClub cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th. Jefferies Group restated a “hold” rating and issued a $36.00 target price on shares of Booz Allen Hamilton in a research report on Thursday, September 21st. Vertical Research upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Monday, October 9th.
In related news, insider Horacio Rozanski sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $36.01, for a total transaction of $1,080,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Karen M. Dahut sold 46,406 shares of the company’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $38.02, for a total transaction of $1,764,356.12. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 104,406 shares of company stock valued at $3,871,976. 3.04% of the stock is owned by corporate insiders.
Shares of Booz Allen Hamilton (BAH) traded up $0.69 during trading hours on Thursday, hitting $38.69. 1,023,214 shares of the stock traded hands, compared to its average volume of 1,146,098. The firm has a market cap of $5,640.00, a PE ratio of 20.51, a PEG ratio of 2.34 and a beta of 1.28. 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 has a one year low of $31.06 and a one year high of $39.67.
Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Monday, November 6th. The business services provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.46 by $0.02. The company had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Booz Allen Hamilton had a net margin of 4.52% and a return on equity of 48.30%. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.46 EPS. sell-side analysts forecast that Booz Allen Hamilton will post 1.91 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Tuesday, November 14th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.76%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.13. The ex-dividend date is Monday, November 13th. Booz Allen Hamilton’s dividend payout ratio is currently 37.78%.
Booz Allen Hamilton Company Profile
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.
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