Zacks: Analysts Anticipate Booz Allen Hamilton Holding Co. (BAH) Will Announce Quarterly Sales of $1.68 Billion

Analysts predict that Booz Allen Hamilton Holding Co. (NYSE:BAH) will post sales of $1.68 billion for the current quarter, according to Zacks. Six analysts have issued estimates for Booz Allen Hamilton’s earnings. The highest sales estimate is $1.76 billion and the lowest is $1.64 billion. Booz Allen Hamilton posted sales of $1.58 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 6.3%. The firm is expected to report its next earnings report on Monday, May 28th.

On average, analysts expect that Booz Allen Hamilton will report full-year sales of $1.68 billion for the current fiscal year, with estimates ranging from $6.17 billion to $6.29 billion. For the next year, analysts anticipate that the company will post sales of $6.56 billion per share, with estimates ranging from $6.51 billion to $6.61 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow Booz Allen Hamilton.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Monday, February 5th. The business services provider reported $0.48 EPS for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.05. The firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Booz Allen Hamilton had a net margin of 4.68% and a return on equity of 50.81%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.38 EPS.

A number of equities research analysts recently commented on BAH shares. Cowen reissued a “buy” rating and issued a $50.00 price objective on shares of Booz Allen Hamilton in a research note on Monday, February 5th. Stifel Nicolaus reissued a “buy” rating and issued a $50.00 price objective on shares of Booz Allen Hamilton in a research note on Tuesday, January 9th. SunTrust Banks assumed coverage on shares of Booz Allen Hamilton in a research note on Friday, December 1st. They set a “buy” rating and a $47.00 price target on the stock. Zacks Investment Research raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a research note on Wednesday, November 8th. Finally, Jefferies Group raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Seven research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Booz Allen Hamilton currently has a consensus rating of “Buy” and an average target price of $41.32.

Shares of Booz Allen Hamilton (BAH) opened at $36.34 on Monday. The company has a market cap of $5,270.00, a PE ratio of 18.93, a P/E/G ratio of 1.82 and a beta of 1.29. Booz Allen Hamilton has a 12 month low of $31.06 and a 12 month high of $40.25. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.14.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th will be paid a dividend of $0.19 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Tuesday, February 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 35.42%.

In other news, CEO Horacio Rozanski sold 35,870 shares of the stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $40.03, for a total transaction of $1,435,876.10. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Susan L. Penfield sold 30,022 shares of the stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $38.31, for a total transaction of $1,150,142.82. The disclosure for this sale can be found here. Insiders have sold a total of 182,135 shares of company stock worth $7,226,660 over the last ninety days. 3.04% of the stock is owned by corporate insiders.

Several hedge funds have recently made changes to their positions in the company. Alexandria Capital LLC purchased a new position in shares of Booz Allen Hamilton during the 4th quarter worth about $782,000. American International Group Inc. purchased a new position in shares of Booz Allen Hamilton during the 4th quarter worth about $128,000. UBS Asset Management Americas Inc. lifted its holdings in shares of Booz Allen Hamilton by 8.0% during the 4th quarter. UBS Asset Management Americas Inc. now owns 155,693 shares of the business services provider’s stock worth $5,937,000 after acquiring an additional 11,478 shares during the period. First Trust Advisors LP lifted its holdings in shares of Booz Allen Hamilton by 3,184.4% during the 4th quarter. First Trust Advisors LP now owns 631,557 shares of the business services provider’s stock worth $24,081,000 after acquiring an additional 612,328 shares during the period. Finally, Bailard Inc. purchased a new position in shares of Booz Allen Hamilton during the 4th quarter worth about $2,761,000. Institutional investors and hedge funds own 92.70% of the company’s stock.

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

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