Booz Allen Hamilton (NYSE:BAH) Sets New 52-Week Low – Should You Sell?

Booz Allen Hamilton Holding Corporation (NYSE:BAH) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $71.69 and last traded at $72.0670, with a volume of 243893 shares changing hands. The stock had previously closed at $75.43.

Analyst Ratings Changes

Several research firms have recently weighed in on BAH. DA Davidson set a $81.00 target price on shares of Booz Allen Hamilton in a report on Tuesday, January 27th. Wells Fargo & Company began coverage on shares of Booz Allen Hamilton in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 price target on the stock. Stifel Nicolaus upped their price objective on shares of Booz Allen Hamilton from $106.00 to $115.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. Weiss Ratings lowered shares of Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, April 24th. Finally, Jefferies Financial Group set a $85.00 target price on Booz Allen Hamilton in a report on Monday. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $93.33.

Booz Allen Hamilton Stock Up 2.4%

The stock has a market cap of $8.84 billion, a price-to-earnings ratio of 10.90, a PEG ratio of 4.13 and a beta of 0.32. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.81 and a current ratio of 1.81. The firm’s 50-day simple moving average is $78.92 and its two-hundred day simple moving average is $83.61.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BAH. KPP Advisory Services LLC increased its stake in shares of Booz Allen Hamilton by 2.5% in the 3rd quarter. KPP Advisory Services LLC now owns 5,119 shares of the business services provider’s stock valued at $512,000 after buying an additional 123 shares during the period. Johnson Financial Group Inc. boosted its holdings in Booz Allen Hamilton by 26.1% in the third quarter. Johnson Financial Group Inc. now owns 600 shares of the business services provider’s stock valued at $60,000 after acquiring an additional 124 shares during the last quarter. Campbell & CO Investment Adviser LLC increased its position in Booz Allen Hamilton by 2.8% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 4,916 shares of the business services provider’s stock worth $415,000 after purchasing an additional 133 shares during the period. Ipsen Advisor Group LLC increased its position in Booz Allen Hamilton by 3.4% in the third quarter. Ipsen Advisor Group LLC now owns 4,244 shares of the business services provider’s stock worth $424,000 after purchasing an additional 138 shares during the period. Finally, Colonial Trust Co SC raised its holdings in Booz Allen Hamilton by 6.1% during the 3rd quarter. Colonial Trust Co SC now owns 2,669 shares of the business services provider’s stock worth $267,000 after purchasing an additional 154 shares during the last quarter. Institutional investors own 91.82% of the company’s stock.

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.