Media coverage about Booz Allen Hamilton (NYSE:BAH) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Booz Allen Hamilton earned a news impact score of 0.21 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 44.9182503895158 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- Insider Selling: Booz Allen Hamilton Holding Co. (BAH) Director Sells 200,000 Shares of Stock (americanbankingnews.com)
- Analysts Expect Booz Allen Hamilton Holding Co. (BAH) Will Announce Quarterly Sales of $1.68 Billion (americanbankingnews.com)
- Analysts Anticipate Booz Allen Hamilton Holding Co. (BAH) to Announce $0.44 Earnings Per Share (americanbankingnews.com)
- Short Interest in Booz Allen Hamilton Holding Co. (BAH) Increases By 112.4% (americanbankingnews.com)
Several brokerages have recently commented on BAH. Stifel Nicolaus reissued a “buy” rating and set a $50.00 price target on shares of Booz Allen Hamilton in a research note on Tuesday, January 9th. SunTrust Banks began coverage on Booz Allen Hamilton in a report on Friday, December 1st. They set a “buy” rating and a $47.00 price objective for the company. Zacks Investment Research downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. Finally, Cowen restated a “buy” rating and set a $50.00 price objective on shares of Booz Allen Hamilton in a report on Monday, February 5th. Seven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $41.25.
Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Monday, February 5th. The business services provider reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.52 billion. Booz Allen Hamilton had a net margin of 4.68% and a return on equity of 50.81%. Booz Allen Hamilton’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.38 EPS. equities analysts expect that Booz Allen Hamilton will post 1.93 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th were issued a dividend of $0.19 per share. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.76 annualized dividend and a yield of 1.98%. Booz Allen Hamilton’s dividend payout ratio is presently 39.79%.
In other Booz Allen Hamilton news, Director Ralph W. Shrader sold 200,000 shares of the stock in a transaction on Tuesday, March 20th. The shares were sold at an average price of $38.92, for a total value of $7,784,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Melody C. Barnes sold 1,018 shares of the firm’s stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $39.30, for a total transaction of $40,007.40. The disclosure for this sale can be found here. Insiders have sold 353,131 shares of company stock valued at $13,900,525 in the last 90 days. 3.04% of the stock is currently owned by corporate insiders.
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About Booz Allen Hamilton
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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