Booz Allen Hamilton (NYSE:BAH) Hits New 12-Month Low – What’s Next?

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $68.11 and last traded at $68.3210, with a volume of 445162 shares traded. The stock had previously closed at $71.10.

Wall Street Analyst Weigh In

BAH has been the subject of a number of research analyst reports. Citigroup decreased their target price on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. UBS Group restated a “neutral” rating and set a $83.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, May 26th. Weiss Ratings lowered Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. 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 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 price target for the company. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $88.00.

Booz Allen Hamilton Stock Performance

The firm has a market cap of $8.11 billion, a P/E ratio of 9.82, a PEG ratio of 4.22 and a beta of 0.32. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.55. The company’s 50-day moving average is $78.16 and its two-hundred day moving average is $82.57.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, May 22nd. The business services provider reported $1.78 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 during the quarter, compared to analyst estimates of $2.87 billion. During the same period in the previous year, the company posted $1.61 EPS. The company’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. As a group, equities analysts predict that Booz Allen Hamilton Holding Corporation will post 6.23 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed 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 annualized dividend and a yield of 3.5%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 34.25%.

Institutional Trading of Booz Allen Hamilton

Several institutional investors and hedge funds have recently made changes to their positions in the company. 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 worth $1,176,522,000 after purchasing an additional 227,141 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in Booz Allen Hamilton by 38.4% in the 4th 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 buying an additional 1,811,906 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Booz Allen Hamilton by 36.0% during the 4th quarter. First Trust Advisors LP now owns 4,856,528 shares of the business services provider’s stock worth $409,697,000 after buying an additional 1,285,475 shares in the last quarter. Primecap Management Co. CA boosted its stake in shares of Booz Allen Hamilton by 135.2% in the 4th quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider’s stock worth $393,649,000 after buying an additional 2,682,460 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of Booz Allen Hamilton by 53.2% in 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 acquiring an additional 1,528,739 shares in the last quarter. Hedge funds and other 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.