Booz Allen Hamilton Holding Corporation (NYSE:BAH) Given Consensus Recommendation of “Reduce” by Analysts

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has received a consensus recommendation of “Reduce” from the fifteen brokerages that are covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $83.6923.

A number of equities research analysts recently weighed in on BAH shares. The Goldman Sachs Group lowered their price target on Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating on the stock in a report on Tuesday, July 14th. Cantor Fitzgerald reduced their price target on Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Jefferies Financial Group restated a “hold” rating and set a $80.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, September 1st. JPMorgan Chase & Co. dropped their target price on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating for the company in a research note on Tuesday, May 26th. Finally, Wall Street Zen upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research report on Saturday, September 5th.

Hedge Funds Weigh In On Booz Allen Hamilton

Hedge funds and other institutional investors have recently modified their holdings of the company. Rakuten Securities Inc. increased its position in shares of Booz Allen Hamilton by 414.6% in the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after acquiring an additional 199 shares in the last quarter. Fulcrum Asset Management LLP acquired a new stake in shares of Booz Allen Hamilton during the third quarter valued at about $32,000. PenderFund Capital Management Ltd. purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter worth about $30,000. Transamerica Financial Advisors LLC acquired a new stake in Booz Allen Hamilton during the 2nd quarter valued at approximately $41,000. Finally, Larson Financial Group LLC increased its holdings in Booz Allen Hamilton by 365.6% during the 3rd quarter. Larson Financial Group LLC now owns 433 shares of the business services provider’s stock worth $43,000 after purchasing an additional 340 shares during the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

NYSE BAH opened at $75.80 on Friday. The stock has a market capitalization of $9.12 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 3.90 and a beta of 0.36. The business’s 50 day moving average is $71.52 and its two-hundred day moving average is $74.71. Booz Allen Hamilton has a 12-month low of $59.50 and a 12-month high of $109.10. The company has a current ratio of 1.60, a quick ratio of 1.59 and a debt-to-equity ratio of 3.26.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, beating the consensus estimate of $1.49 by $0.32. Booz Allen Hamilton had a return on equity of 76.71% and a net margin of 7.01%.The business had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $2.81 billion. During the same period last year, the firm earned $1.48 EPS. The company’s quarterly revenue was down 4.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. Research analysts expect that Booz Allen Hamilton will post 6.33 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.1%. Booz Allen Hamilton’s dividend payout ratio is currently 37.11%.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation, operating as Booz Allen Hamilton, is a management and technology consulting company that primarily serves the U.S. government. Its clients include defense, intelligence, civil government, and national security organizations, as well as select commercial and international customers.

The company provides consulting and technology services focused on artificial intelligence, data and analytics, cybersecurity, digital transformation, engineering, cloud computing, and mission operations.