Booz Allen Hamilton Holding Corporation (NYSE:BAH) Receives Consensus Rating of “Reduce” from Brokerages

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has been assigned an average recommendation of “Reduce” from the fourteen analysts that are presently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $88.00.

BAH has been the subject of a number of research reports. Truist Financial reduced their price objective on Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating for the company in a research note on Monday, April 20th. Wells Fargo & Company initiated coverage on Booz Allen Hamilton in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 price objective for the company. TD Cowen reissued a “hold” rating on shares of Booz Allen Hamilton in a research note on Tuesday. William Blair reaffirmed an “outperform” rating on shares of Booz Allen Hamilton in a research report on Tuesday, March 3rd. Finally, BNP Paribas Exane started coverage on Booz Allen Hamilton in a report on Wednesday. They issued a “neutral” rating and a $80.00 target price for the company.

Booz Allen Hamilton Trading Up 1.4%

Shares of Booz Allen Hamilton stock opened at $81.02 on Thursday. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.81 and a current ratio of 1.78. Booz Allen Hamilton has a 52 week low of $68.83 and a 52 week high of $120.04. The stock has a 50 day moving average price of $78.74 and a two-hundred day moving average price of $83.11. The stock has a market capitalization of $9.70 billion, a PE ratio of 11.76, a price-to-earnings-growth ratio of 4.58 and a beta of 0.32.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, May 22nd. The business services provider reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.46. Booz Allen Hamilton had a return on equity of 76.07% and a net margin of 7.59%.The firm had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $2.87 billion. During the same quarter last year, the firm posted $1.61 earnings per share. The company’s revenue for the quarter was down 5.9% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. As a group, equities analysts anticipate that Booz Allen Hamilton will post 6.21 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be paid a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio is 34.25%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Booz Allen Hamilton by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 13,946,447 shares of the business services provider’s stock valued at $1,176,522,000 after purchasing an additional 227,141 shares during the period. T. Rowe Price Investment Management Inc. grew its stake in Booz Allen Hamilton by 38.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,528,226 shares of the business services provider’s stock valued at $550,722,000 after purchasing an additional 1,811,906 shares during the period. First Trust Advisors LP grew its stake in Booz Allen Hamilton by 36.0% in the 4th quarter. First Trust Advisors LP now owns 4,856,528 shares of the business services provider’s stock valued at $409,697,000 after purchasing an additional 1,285,475 shares during the period. Primecap Management Co. CA grew its stake in Booz Allen Hamilton by 135.2% in the 4th quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider’s stock valued at $393,649,000 after purchasing an additional 2,682,460 shares during the period. Finally, State Street Corp grew its stake in Booz Allen Hamilton by 53.2% in the 4th quarter. State Street Corp now owns 4,402,897 shares of the business services provider’s stock valued at $371,428,000 after purchasing an additional 1,528,739 shares during the period. Institutional investors own 91.82% of the company’s stock.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a publicly traded management and technology consulting firm headquartered in McLean, Virginia. The company provides a wide range of professional services and solutions in strategy, analytics, digital transformation, engineering and cyber security. Its expertise spans from supporting federal civilian agencies to defense, intelligence and homeland security organizations, as well as select commercial industries.

Key offerings include data analytics and artificial intelligence applications, software development and modernization, systems integration, and cyber risk management.