Booz Allen Hamilton Holding Corporation (NYSE:BAH) Receives $84.08 Consensus Target Price from Brokerages

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) have received a consensus recommendation of “Reduce” from the fifteen analysts that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $84.0769.

A number of research firms recently issued reports on BAH. JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating on the stock in a report on Tuesday, May 26th. UBS Group boosted their price objective on shares of Booz Allen Hamilton from $70.00 to $78.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. Jefferies Financial Group set a $85.00 price objective on shares of Booz Allen Hamilton in a research report on Monday, May 11th. 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. Finally, Stifel Nicolaus set a $110.00 target price on shares of Booz Allen Hamilton and gave the company a “buy” rating in a report on Tuesday, May 26th.

Booz Allen Hamilton Price Performance

BAH stock opened at $74.84 on Tuesday. The company has a market cap of $9.00 billion, a PE ratio of 11.77, a price-to-earnings-growth ratio of 4.00 and a beta of 0.34. The company has a current ratio of 1.60, a quick ratio of 1.59 and a debt-to-equity ratio of 3.26. The stock has a 50-day moving average price of $68.75 and a two-hundred day moving average price of $75.83. Booz Allen Hamilton has a 12-month low of $59.50 and a 12-month high of $112.22.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings data on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.32. The company had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.81 billion. Booz Allen Hamilton had a return on equity of 76.71% and a net margin of 7.01%.The company’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same period last year, the business posted $1.48 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. As a group, research analysts predict that Booz Allen Hamilton will post 6.32 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Friday, August 14th. Booz Allen Hamilton’s payout ratio is currently 37.11%.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of large investors have recently modified their holdings of the stock. Rakuten Securities Inc. lifted its position 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 worth $26,000 after acquiring an additional 199 shares in the last quarter. Activest Wealth Management grew its position in Booz Allen Hamilton by 141.3% in the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 178 shares in the last quarter. Torren Management LLC purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter valued at approximately $26,000. Fulcrum Asset Management LLP purchased a new stake in shares of Booz Allen Hamilton during the third quarter valued at approximately $32,000. Finally, PenderFund Capital Management Ltd. acquired a new position in shares of Booz Allen Hamilton during the fourth quarter worth $30,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

Booz Allen Hamilton Company Profile

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.