Brokerages Set Booz Allen Hamilton Holding Corporation (NYSE:BAH) Price Target at $88.00

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

Several equities analysts have recently weighed in on the company. Wells Fargo & Company assumed coverage on Booz Allen Hamilton in a report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 price objective on the stock. UBS Group reiterated a “neutral” rating and set a $83.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, May 26th. Citigroup cut their price objective on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. JPMorgan Chase & Co. cut their target price on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 26th. Finally, William Blair restated an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $84.02 on Thursday. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.55. Booz Allen Hamilton has a 1 year low of $68.83 and a 1 year high of $120.04. The stock has a market cap of $10.06 billion, a P/E ratio of 12.20, a price-to-earnings-growth ratio of 4.50 and a beta of 0.32. The stock’s 50-day moving average price is $78.89 and its two-hundred day moving average price is $82.98.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) 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 analysts’ expectations of $2.87 billion. During the same quarter last year, the business earned $1.61 earnings per share. The company’s revenue 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, equities analysts predict that Booz Allen Hamilton will post 6.26 earnings per share for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced 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. The ex-dividend date is Wednesday, June 10th. This represents a $2.36 annualized dividend and a yield of 2.8%. Booz Allen Hamilton’s payout ratio is presently 34.25%.

Institutional Investors Weigh In On Booz Allen Hamilton

Institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Booz Allen Hamilton by 22.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,167 shares of the business services provider’s stock worth $2,737,000 after purchasing an additional 4,870 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Booz Allen Hamilton by 365.0% during the 1st quarter. NewEdge Advisors LLC now owns 11,750 shares of the business services provider’s stock worth $1,229,000 after purchasing an additional 9,223 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Booz Allen Hamilton by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,460 shares of the business services provider’s stock worth $464,000 after purchasing an additional 1,559 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Booz Allen Hamilton by 132.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,429 shares of the business services provider’s stock worth $149,000 after purchasing an additional 815 shares during the last quarter. Finally, Cresset Asset Management LLC increased its position in shares of Booz Allen Hamilton by 6.2% during the 2nd quarter. Cresset Asset Management LLC now owns 3,257 shares of the business services provider’s stock worth $339,000 after purchasing an additional 191 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Company Profile

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.