Booz Allen Hamilton (NYSE:BAH) Rating Reiterated by Stifel Nicolaus

Stifel Nicolaus reaffirmed their buy rating on shares of Booz Allen Hamilton (NYSE:BAH) in a research note published on Tuesday, January 9th. Stifel Nicolaus currently has a $50.00 price objective on the business services provider’s stock.

Other equities research analysts have also recently issued research reports about the stock. SunTrust Banks initiated coverage on shares of Booz Allen Hamilton in a research note on Friday, December 1st. They issued a buy rating and a $47.00 price target on the stock. Zacks Investment Research raised shares of Booz Allen Hamilton from a hold rating to a buy rating and set a $42.00 price target on the stock in a research note on Wednesday, November 8th. Jefferies Group raised shares of Booz Allen Hamilton from a hold rating to a buy rating in a research note on Tuesday, November 7th. Cowen reissued a buy rating and issued a $50.00 price target (up previously from $41.00) on shares of Booz Allen Hamilton in a research note on Thursday, October 12th. Finally, Vertical Research raised shares of Booz Allen Hamilton from a hold rating to a buy rating and set a $42.00 price target on the stock in a research note on Tuesday, October 3rd. Six analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $41.32.

Shares of Booz Allen Hamilton (NYSE BAH) traded down $0.41 during midday trading on Tuesday, hitting $39.19. 344,718 shares of the stock were exchanged, compared to its average volume of 741,371. The firm has a market cap of $5,712.91 and a PE ratio of 21.68. Booz Allen Hamilton has a twelve month low of $31.06 and a twelve month high of $40.25. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.33.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Monday, November 6th. The business services provider reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Booz Allen Hamilton had a net margin of 4.52% and a return on equity of 48.30%. The business had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter last year, the company earned $0.46 EPS. The business’s revenue was up 10.6% on a year-over-year basis. equities analysts forecast that Booz Allen Hamilton will post 1.96 EPS for the current year.

In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 35,870 shares of the firm’s stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $40.03, for a total value of $1,435,876.10. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Susan L. Penfield sold 30,022 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $38.31, for a total value of $1,150,142.82. The disclosure for this sale can be found here. Insiders sold a total of 182,135 shares of company stock worth $7,226,660 in the last 90 days. 3.04% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Booz Allen Hamilton by 0.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 18,217 shares of the business services provider’s stock worth $593,000 after acquiring an additional 49 shares during the period. M&T Bank Corp raised its holdings in shares of Booz Allen Hamilton by 0.5% during the 2nd quarter. M&T Bank Corp now owns 13,945 shares of the business services provider’s stock worth $454,000 after acquiring an additional 65 shares during the period. Oppenheimer Asset Management Inc. raised its holdings in shares of Booz Allen Hamilton by 1.3% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 21,681 shares of the business services provider’s stock worth $705,000 after acquiring an additional 280 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Booz Allen Hamilton by 8.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock worth $150,000 after acquiring an additional 347 shares during the period. Finally, Advisor Group Inc. raised its holdings in shares of Booz Allen Hamilton by 13.1% during the 2nd quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock worth $113,000 after acquiring an additional 405 shares during the period. Institutional investors and hedge funds own 92.85% of the company’s stock.

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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.

Analyst Recommendations for Booz Allen Hamilton (NYSE:BAH)

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