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

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) have received a consensus recommendation of “Reduce” from the fourteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $81.0833.

Several equities research analysts recently weighed in on the company. Stifel Nicolaus set a $110.00 price target on Booz Allen Hamilton and gave the company a “buy” rating in a research report on Tuesday, May 26th. Jefferies Financial Group set a $85.00 price objective on Booz Allen Hamilton in a report on Monday, May 11th. The Goldman Sachs Group lowered their price objective on Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating for the company in a research report on Tuesday. JPMorgan Chase & Co. dropped their target price on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, May 26th. Finally, Wells Fargo & Company began coverage on shares of Booz Allen Hamilton in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 target price on the stock.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $65.31 on Friday. The company has a 50-day simple moving average of $71.31 and a two-hundred day simple moving average of $79.02. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.78 and a quick ratio of 1.78. The firm has a market capitalization of $7.82 billion, a PE ratio of 9.48, a price-to-earnings-growth ratio of 3.64 and a beta of 0.36. Booz Allen Hamilton has a one year low of $59.50 and a one year high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last posted 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 firm had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter in the prior year, the business earned $1.61 EPS. The business’s revenue for the quarter was down 5.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. On average, analysts anticipate that Booz Allen Hamilton will post 6.24 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Wednesday, June 10th were given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 34.25%.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. A&I Financial Services LLC increased its stake in shares of Booz Allen Hamilton by 23.8% during the second quarter. A&I Financial Services LLC now owns 9,351 shares of the business services provider’s stock valued at $567,000 after purchasing an additional 1,796 shares in the last quarter. Fulton Bank N.A. boosted its position in shares of Booz Allen Hamilton by 15.8% in the 2nd quarter. Fulton Bank N.A. now owns 3,410 shares of the business services provider’s stock worth $207,000 after purchasing an additional 466 shares in the last quarter. Versant Capital Management Inc boosted its position in shares of Booz Allen Hamilton by 1,122.9% in the 2nd quarter. Versant Capital Management Inc now owns 587 shares of the business services provider’s stock worth $36,000 after purchasing an additional 539 shares in the last quarter. CX Institutional grew its stake in shares of Booz Allen Hamilton by 18.4% in the 2nd quarter. CX Institutional now owns 52,717 shares of the business services provider’s stock worth $3,198,000 after buying an additional 8,183 shares during the last quarter. Finally, Ipsen Advisor Group LLC grew its stake in shares of Booz Allen Hamilton by 13.7% in the 1st quarter. Ipsen Advisor Group LLC now owns 5,095 shares of the business services provider’s stock worth $398,000 after buying an additional 615 shares during the last quarter. Hedge funds and other 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.