Wall Street analysts predict that Booz Allen Hamilton Holding Co. (NYSE:BAH) will report $0.44 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Booz Allen Hamilton’s earnings. The lowest EPS estimate is $0.42 and the highest is $0.47. Booz Allen Hamilton posted earnings of $0.45 per share in the same quarter last year, which would suggest a negative year over year growth rate of 2.2%. The firm is scheduled to announce its next quarterly earnings results on Monday, May 28th.
According to Zacks, analysts expect that Booz Allen Hamilton will report full year earnings of $1.93 per share for the current fiscal year, with EPS estimates ranging from $1.91 to $1.95. For the next financial year, analysts forecast that the company will report earnings of $2.43 per share, with EPS estimates ranging from $2.33 to $2.53. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Booz Allen Hamilton.
Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings results on Monday, February 5th. The business services provider reported $0.48 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.05. Booz Allen Hamilton had a return on equity of 50.81% and a net margin of 4.68%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the business earned $0.38 earnings per share. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year.
A number of analysts recently weighed in on the company. Zacks Investment Research downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. Cowen restated a “buy” rating and issued a $50.00 price target on shares of Booz Allen Hamilton in a research note on Monday, February 5th. Stifel Nicolaus reaffirmed a “buy” rating and set a $50.00 price objective on shares of Booz Allen Hamilton in a report on Tuesday, January 9th. Finally, SunTrust Banks began coverage on Booz Allen Hamilton in a report on Friday, December 1st. They set a “buy” rating and a $47.00 price objective for the company. Seven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $41.32.
In other news, CEO Horacio Rozanski sold 35,870 shares of the business’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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Lloyd Howell, Jr. sold 11,745 shares of the business’s stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $39.50, for a total value of $463,927.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 153,131 shares of company stock valued at $6,116,525. 3.04% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in BAH. Cerebellum GP LLC acquired a new position in shares of Booz Allen Hamilton in the fourth quarter worth $126,000. American International Group Inc. acquired a new position in shares of Booz Allen Hamilton in the fourth quarter worth $128,000. The Manufacturers Life Insurance Company raised its holdings in shares of Booz Allen Hamilton by 8.2% in the second 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 last quarter. Camelot Portfolios LLC acquired a new position in shares of Booz Allen Hamilton in the fourth quarter worth $220,000. Finally, Ramsey Quantitative Systems acquired a new position in shares of Booz Allen Hamilton in the fourth quarter worth $302,000. 93.56% of the stock is owned by institutional investors.
Shares of Booz Allen Hamilton (NYSE:BAH) opened at $39.09 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.14. Booz Allen Hamilton has a 12 month low of $31.06 and a 12 month high of $40.25. The firm has a market capitalization of $5,670.50, a P/E ratio of 20.47, a P/E/G ratio of 1.96 and a beta of 1.29.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th were issued a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a yield of 1.94%. Booz Allen Hamilton’s payout ratio is currently 39.79%.
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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.
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