Booz Allen Hamilton Holding Corporation (NYSE:BAH) Stock Has Average Price Target of $83.69 According to Analysts

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) have earned an average rating of “Reduce” from the fifteen ratings firms that are presently covering the firm, Marketbeat.com reports. Four 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 objective among brokerages that have updated their coverage on the stock in the last year is $83.69.

Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group lowered their price target on shares of Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating for the company in a research report on Tuesday, July 14th. TD Cowen cut their price objective on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a “hold” rating on the stock in a report on Tuesday, July 7th. Weiss Ratings downgraded shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, July 8th. Cantor Fitzgerald lowered their target price on Booz Allen Hamilton from $160.00 to $140.00 and set an “overweight” rating for the company in a report on Thursday, July 23rd. Finally, Wall Street Zen upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating in a report on Saturday.

Institutional Trading of Booz Allen Hamilton

A number of hedge funds and other institutional investors have recently made changes to their positions in BAH. T. Rowe Price Investment Management Inc. grew its position in shares of Booz Allen Hamilton by 38.4% during 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 acquiring an additional 1,811,906 shares during the period. Geode Capital Management LLC boosted its position in Booz Allen Hamilton by 5.1% during the fourth quarter. Geode Capital Management LLC now owns 2,534,914 shares of the business services provider’s stock worth $213,308,000 after purchasing an additional 123,076 shares in the last quarter. Black Creek Investment Management Inc. grew its holdings in Booz Allen Hamilton by 20.0% in the fourth quarter. Black Creek Investment Management Inc. now owns 2,505,178 shares of the business services provider’s stock valued at $211,337,000 after purchasing an additional 416,702 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in Booz Allen Hamilton by 1.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,590,848 shares of the business services provider’s stock valued at $208,226,000 after purchasing an additional 45,276 shares during the period. Finally, Norges Bank purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter valued at approximately $143,749,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Price Performance

Shares of BAH stock opened at $67.29 on Wednesday. The company’s 50-day simple moving average is $74.44 and its two-hundred day simple moving average is $74.33. The company has a market capitalization of $8.09 billion, a P/E ratio of 10.58, a P/E/G ratio of 1.69 and a beta of 0.37. Booz Allen Hamilton has a one year low of $59.50 and a one year high of $109.10. The company has a debt-to-equity ratio of 3.26, a current ratio of 1.60 and a quick ratio of 1.59.

Booz Allen Hamilton (NYSE:BAH) last announced 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. The firm had revenue of $1.97 billion for the quarter, compared to analyst estimates of $2.81 billion. Booz Allen Hamilton had a return on equity of 76.71% and a net margin of 7.01%.The business’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.48 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. As a group, equities analysts anticipate that Booz Allen Hamilton will post 6.34 EPS for the current year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 3.5%. The ex-dividend date was Friday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 37.11%.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that primarily serves the U.S. government, including defense, intelligence, civil, and health agencies. The company helps clients address complex national security, public-sector, and business challenges through consulting, engineering, technology integration, and mission-support services.

Its capabilities include artificial intelligence and data analytics, cybersecurity, digital transformation, cloud computing, systems engineering, software development, program management, and organizational strategy.