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

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has earned a consensus rating of “Reduce” from the fourteen analysts that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $88.00.

Several equities analysts have commented on BAH shares. TD Cowen restated a “hold” rating on shares of Booz Allen Hamilton in a research note on Tuesday, May 26th. Weiss Ratings raised Booz Allen Hamilton from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. Jefferies Financial Group set a $85.00 target price on Booz Allen Hamilton in a report on Monday, May 11th. Stifel Nicolaus set a $110.00 price target on Booz Allen Hamilton and gave the stock a “buy” rating in a report on Tuesday, May 26th. Finally, JPMorgan Chase & Co. reduced their target price on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 26th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BAH. Activest Wealth Management grew its stake in Booz Allen Hamilton by 141.3% during the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after buying an additional 178 shares during the last quarter. Torren Management LLC acquired a new stake in shares of Booz Allen Hamilton in the 4th quarter worth approximately $26,000. Rakuten Securities Inc. boosted its stake in Booz Allen Hamilton by 414.6% during the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 199 shares in the last quarter. Aventura Private Wealth LLC acquired a new position in Booz Allen Hamilton during the fourth quarter worth about $27,000. Finally, PenderFund Capital Management Ltd. bought a new stake in Booz Allen Hamilton during the fourth quarter worth approximately $30,000. 91.82% of the stock is owned by institutional investors and hedge funds.

Booz Allen Hamilton Stock Performance

Shares of BAH stock opened at $62.10 on Monday. The company has a market cap of $7.44 billion, a PE ratio of 9.01, a PEG ratio of 3.41 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 business’s fifty day simple moving average is $75.67 and its 200-day simple moving average is $81.57. Booz Allen Hamilton has a 12-month low of $59.50 and a 12-month high of $120.04.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results 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 for the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter in the prior 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. Analysts expect that Booz Allen Hamilton will post 6.23 earnings per share for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th were paid a dividend of $0.59 per share. The ex-dividend date was Wednesday, June 10th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.8%. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 34.25%.

About Booz Allen Hamilton

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.