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

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has received a consensus recommendation of “Reduce” from the fourteen analysts that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $88.00.

A number of equities research analysts recently weighed in on BAH shares. TD Cowen reissued a “hold” rating on shares of Booz Allen Hamilton in a research report on Tuesday, May 26th. JPMorgan Chase & Co. decreased their target price on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 26th. Truist Financial decreased their price target on shares of Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a research note on Monday, April 20th. Jefferies Financial Group set a $85.00 price target on shares of Booz Allen Hamilton in a research note on Monday, May 11th. Finally, BNP Paribas Exane initiated coverage on shares of Booz Allen Hamilton in a research note on Wednesday, May 27th. They set a “neutral” rating and a $80.00 price target on the stock.

Booz Allen Hamilton Stock Up 0.3%

BAH stock opened at $66.56 on Monday. Booz Allen Hamilton has a twelve month low of $66.35 and a twelve month high of $120.04. The company has a market cap of $7.97 billion, a PE ratio of 9.66, a price-to-earnings-growth ratio of 3.79 and a beta of 0.32. The business’s 50-day simple moving average is $77.50 and its 200 day simple moving average is $82.34. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.55.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share for the quarter, topping 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 business had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $2.87 billion. During the same period last year, the business earned $1.61 earnings per share. The firm’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. On average, research analysts anticipate that Booz Allen Hamilton will post 6.23 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Wednesday, June 10th will be paid a dividend of $0.59 per share. The ex-dividend date is Wednesday, June 10th. This represents a $2.36 dividend on an annualized basis and a yield of 3.5%. Booz Allen Hamilton’s payout ratio is currently 34.25%.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Booz Allen Hamilton by 1.7% during the fourth 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 in the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in Booz Allen Hamilton by 38.4% during the fourth 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 in the last quarter. First Trust Advisors LP boosted its holdings in Booz Allen Hamilton by 36.0% during the fourth 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 in the last quarter. Primecap Management Co. CA boosted its holdings in Booz Allen Hamilton by 135.2% during the fourth 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 in the last quarter. Finally, State Street Corp boosted its holdings in Booz Allen Hamilton by 53.2% during the fourth 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 in the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

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.