Booz Allen Hamilton (BAH) Set to Announce Earnings on Friday

Booz Allen Hamilton (NYSE:BAH) is scheduled to post its quarterly earnings results before the market opens on Friday, May 24th. Analysts expect Booz Allen Hamilton to post earnings of $1.23 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $153.46 on Thursday. The stock has a 50 day moving average price of $147.42 and a 200 day moving average price of $138.56. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10. The company has a market capitalization of $19.91 billion, a price-to-earnings ratio of 49.50, a price-to-earnings-growth ratio of 2.08 and a beta of 0.53. Booz Allen Hamilton has a 52-week low of $89.80 and a 52-week high of $156.83.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Wells Fargo & Company boosted their price objective on Booz Allen Hamilton from $138.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 30th. Stifel Nicolaus upped their price target on Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday. The Goldman Sachs Group upped their price target on Booz Allen Hamilton from $141.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, January 29th. Truist Financial upped their price target on Booz Allen Hamilton from $120.00 to $145.00 and gave the stock a “hold” rating in a research note on Monday, January 29th. Finally, Jefferies Financial Group upped their price target on Booz Allen Hamilton from $150.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $148.44.

Insiders Place Their Bets

In other Booz Allen Hamilton news, CFO Matthew Calderone sold 1,500 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $146.51, for a total value of $219,765.00. Following the sale, the chief financial officer now directly owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.76% of the stock is owned by corporate insiders.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.