Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Booz Allen Hamilton Holding Co. (NYSE:BAH) has received a consensus recommendation of “Moderate Buy” from the ten brokerages that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $161.78.

BAH has been the subject of several analyst reports. Truist Financial boosted their target price on Booz Allen Hamilton from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday, May 28th. TD Cowen boosted their price objective on shares of Booz Allen Hamilton from $158.00 to $177.00 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. JPMorgan Chase & Co. raised their target price on shares of Booz Allen Hamilton from $136.00 to $154.00 and gave the company a “neutral” rating in a research note on Wednesday, July 10th. Jefferies Financial Group boosted their target price on shares of Booz Allen Hamilton from $180.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, May 29th. Finally, Stifel Nicolaus raised their price target on Booz Allen Hamilton from $155.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, May 21st.

Booz Allen Hamilton Stock Performance

BAH stock opened at $139.86 on Monday. The company has a market capitalization of $18.09 billion, a price-to-earnings ratio of 29.83, a P/E/G ratio of 2.19 and a beta of 0.57. The firm has a 50 day moving average of $154.34 and a two-hundred day moving average of $147.37. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 3.20. Booz Allen Hamilton has a 12 month low of $106.90 and a 12 month high of $164.43.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Friday, May 24th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.10. The firm had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.71 billion. Booz Allen Hamilton had a net margin of 5.68% and a return on equity of 68.12%. Booz Allen Hamilton’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.01 earnings per share. As a group, equities analysts anticipate that Booz Allen Hamilton will post 6.05 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 13th were given a $0.51 dividend. The ex-dividend date was Thursday, June 13th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.46%. Booz Allen Hamilton’s dividend payout ratio is currently 44.35%.

Insider Activity

In related news, CEO Horacio Rozanski sold 34,571 shares of the firm’s stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $5,329,119.65. Following the completion of the transaction, the chief executive officer now directly owns 579,025 shares of the company’s stock, valued at $89,256,703.75. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, EVP Susan L. Penfield sold 18,522 shares of the stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of $153.73, for a total value of $2,847,387.06. Following the completion of the transaction, the executive vice president now owns 33,788 shares of the company’s stock, valued at $5,194,229.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Horacio Rozanski sold 34,571 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the transaction, the chief executive officer now owns 579,025 shares of the company’s stock, valued at approximately $89,256,703.75. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 58,255 shares of company stock worth $8,970,026. Company insiders own 1.59% of the company’s stock.

Hedge Funds Weigh In On Booz Allen Hamilton

A number of hedge funds have recently modified their holdings of BAH. Opal Wealth Advisors LLC bought a new stake in Booz Allen Hamilton in the second quarter valued at $26,000. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton in the 2nd quarter valued at $29,000. Banque Cantonale Vaudoise grew its holdings in shares of Booz Allen Hamilton by 112.4% in the 1st quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after purchasing an additional 109 shares during the last quarter. Smithfield Trust Co increased its position in shares of Booz Allen Hamilton by 87.7% during the 4th quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock worth $34,000 after purchasing an additional 121 shares in the last quarter. Finally, MCF Advisors LLC lifted its holdings in Booz Allen Hamilton by 103.6% during the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock valued at $34,000 after purchasing an additional 115 shares during the last quarter. 91.82% of the stock is owned by institutional investors and hedge funds.

About Booz Allen Hamilton

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.