Booz Allen Hamilton Holding Co. (BAH) Receives $41.83 Consensus PT from Brokerages

Booz Allen Hamilton Holding Co. (NYSE:BAH) has been given a consensus recommendation of “Buy” by the fifteen analysts that are covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $41.83.

Several research firms recently commented on BAH. Zacks Investment Research downgraded Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. Cowen reiterated a “buy” rating and issued a $50.00 price objective on shares of Booz Allen Hamilton in a research note on Monday, February 5th. Stifel Nicolaus began coverage on Booz Allen Hamilton in a research note on Tuesday, November 21st. They issued a “buy” rating and a $46.00 price objective on the stock. Finally, SunTrust Banks began coverage on Booz Allen Hamilton in a research note on Friday, December 1st. They issued a “buy” rating and a $47.00 price objective on the stock.

How to Become a New Pot Stock Millionaire

In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 35,870 shares of the stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $40.03, for a total transaction of $1,435,876.10. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Melody C. Barnes sold 1,018 shares of the stock in a transaction on Monday, March 5th. The stock was sold at an average price of $39.30, for a total value of $40,007.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 153,131 shares of company stock worth $6,116,525. Company insiders own 3.04% of the company’s stock.

Large investors have recently bought and sold shares of the business. Cerebellum GP LLC purchased a new stake in shares of Booz Allen Hamilton during the fourth quarter worth $126,000. American International Group Inc. purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter worth $128,000. The Manufacturers Life Insurance Company raised its position 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 buying an additional 347 shares in the last quarter. Camelot Portfolios LLC purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter worth $220,000. Finally, Ramsey Quantitative Systems purchased a new stake in shares of Booz Allen Hamilton in the fourth quarter worth $302,000. Hedge funds and other institutional investors own 93.56% of the company’s stock.

Booz Allen Hamilton (NYSE:BAH) traded up $0.03 during mid-day trading on Friday, hitting $39.12. The stock had a trading volume of 256,807 shares, compared to its average volume of 919,430. The company has a market capitalization of $5,664.70, a price-to-earnings ratio of 20.45, a PEG ratio of 1.96 and a beta of 1.29. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 3.14. Booz Allen Hamilton has a 52 week low of $31.06 and a 52 week high of $40.25.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Monday, February 5th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, beating the 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 company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the company posted $0.38 earnings per share. Booz Allen Hamilton’s quarterly revenue was up 6.8% on a year-over-year basis. equities research analysts anticipate that Booz Allen Hamilton will post 1.93 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.76 annualized dividend and a dividend yield of 1.94%. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.17. Booz Allen Hamilton’s dividend payout ratio is currently 39.79%.

COPYRIGHT VIOLATION WARNING: “Booz Allen Hamilton Holding Co. (BAH) Receives $41.83 Consensus PT from Brokerages” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright legislation. The legal version of this piece can be accessed at https://www.dispatchtribunal.com/2018/04/07/booz-allen-hamilton-holding-co-bah-receives-41-83-consensus-pt-from-brokerages.html.

Booz Allen Hamilton Company Profile

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)

Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply