Wall Street analysts expect Booz Allen Hamilton Holding Co. (NYSE:BAH) to report sales of $1.68 billion for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Booz Allen Hamilton’s earnings, with estimates ranging from $1.64 billion to $1.76 billion. Booz Allen Hamilton posted sales of $1.58 billion during the same quarter last year, which would indicate a positive year over year growth rate of 6.3%. The company is scheduled to announce its next quarterly earnings report on Monday, May 28th.
According to Zacks, analysts expect that Booz Allen Hamilton will report full-year sales of $1.68 billion for the current year, with estimates ranging from $6.17 billion to $6.29 billion. For the next year, analysts forecast that the firm will report sales of $6.56 billion per share, with estimates ranging from $6.51 billion to $6.61 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that follow Booz Allen Hamilton.
Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Monday, February 5th. The business services provider reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.05. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Booz Allen Hamilton had a return on equity of 50.81% and a net margin of 4.68%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.38 EPS.
BAH has been the subject of several research analyst reports. Stifel Nicolaus started coverage on Booz Allen Hamilton in a report on Tuesday, November 21st. They set a “buy” rating and a $46.00 price target for the company. SunTrust Banks started coverage on Booz Allen Hamilton in a report on Friday, December 1st. They issued a “buy” rating and a $47.00 target price for the company. Cowen reiterated a “buy” rating and issued a $50.00 target price on shares of Booz Allen Hamilton in a report on Monday, February 5th. Finally, Zacks Investment Research cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, February 8th. Seven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Booz Allen Hamilton presently has a consensus rating of “Buy” and an average price target of $41.25.
In related news, insider Karen M. Dahut sold 46,406 shares of the business’s stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $40.03, for a total transaction of $1,857,632.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ralph W. Shrader sold 200,000 shares of the business’s stock in a transaction on Tuesday, March 20th. The shares were sold at an average price of $38.92, for a total value of $7,784,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 353,131 shares of company stock valued at $13,900,525. 3.04% of the stock is owned by company insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Alliancebernstein L.P. boosted its holdings in Booz Allen Hamilton by 1.4% during the 4th quarter. Alliancebernstein L.P. now owns 6,072,544 shares of the business services provider’s stock valued at $231,546,000 after acquiring an additional 85,180 shares during the period. Westwood Holdings Group Inc. boosted its holdings in Booz Allen Hamilton by 3.0% during the 4th quarter. Westwood Holdings Group Inc. now owns 5,616,624 shares of the business services provider’s stock valued at $214,162,000 after acquiring an additional 165,979 shares during the period. Ameriprise Financial Inc. boosted its holdings in Booz Allen Hamilton by 7.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,655,953 shares of the business services provider’s stock valued at $136,676,000 after acquiring an additional 250,461 shares during the period. Citadel Advisors LLC boosted its holdings in Booz Allen Hamilton by 120.4% during the 3rd quarter. Citadel Advisors LLC now owns 2,877,330 shares of the business services provider’s stock valued at $107,583,000 after acquiring an additional 1,571,542 shares during the period. Finally, Channing Capital Management LLC boosted its holdings in Booz Allen Hamilton by 21.9% during the 4th quarter. Channing Capital Management LLC now owns 2,260,744 shares of the business services provider’s stock valued at $86,208,000 after acquiring an additional 406,171 shares during the period. Institutional investors own 93.55% of the company’s stock.
BAH stock traded up $0.14 during midday trading on Friday, reaching $39.34. The company’s stock had a trading volume of 365,175 shares, compared to its average volume of 909,029. The stock has a market cap of $5,628.43, a PE ratio of 20.60, a PEG ratio of 1.95 and a beta of 1.29. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.49 and a quick ratio of 1.49. Booz Allen Hamilton has a fifty-two week low of $31.06 and a fifty-two week high of $40.25.
The business also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th were issued a $0.19 dividend. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.17. The ex-dividend date was Tuesday, February 13th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.93%. Booz Allen Hamilton’s payout ratio is 39.79%.
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About Booz Allen Hamilton
Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.
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