Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been given an average recommendation of “Buy” by the thirteen brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $66.70.
A number of research firms have recently weighed in on BAH. Jefferies Financial Group lifted their price target on Booz Allen Hamilton from $61.00 to $69.00 and gave the company an “outperform” rating in a report on Wednesday, May 29th. Cowen reaffirmed a “buy” rating and set a $71.00 price objective on shares of Booz Allen Hamilton in a research note on Monday. SunTrust Banks increased their target price on shares of Booz Allen Hamilton to $80.00 and gave the stock a “buy” rating in a report on Tuesday. Citigroup raised their target price on shares of Booz Allen Hamilton from $65.00 to $71.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, Morgan Stanley initiated coverage on shares of Booz Allen Hamilton in a research note on Monday, June 3rd. They set an “overweight” rating and a $70.00 target price for the company.
In other Booz Allen Hamilton news, VP Laura S. Adams sold 780 shares of Booz Allen Hamilton stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $65.63, for a total value of $51,191.40. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Lloyd Howell, Jr. sold 74,279 shares of the business’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $67.19, for a total value of $4,990,806.01. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 197,788 shares of company stock valued at $13,624,612. 2.60% of the stock is owned by company insiders.
BAH traded down $0.88 on Wednesday, hitting $68.75. 1,093,562 shares of the company were exchanged, compared to its average volume of 1,019,345. The business has a 50-day moving average price of $67.07. The stock has a market capitalization of $9.69 billion, a P/E ratio of 24.91, a price-to-earnings-growth ratio of 1.85 and a beta of 0.94. Booz Allen Hamilton has a twelve month low of $43.24 and a twelve month high of $71.92. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 2.52.
Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Monday, July 29th. The business services provider reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.11. The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.79 billion. Booz Allen Hamilton had a return on equity of 60.67% and a net margin of 6.24%. The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.72 EPS. Research analysts forecast that Booz Allen Hamilton will post 3.01 earnings per share for the current fiscal year.
About Booz Allen Hamilton
Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.
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