BNP Paribas Exane Begins Coverage on Booz Allen Hamilton (NYSE:BAH)

Research analysts at BNP Paribas Exane assumed coverage on shares of Booz Allen Hamilton (NYSE:BAH) in a note issued to investors on Wednesday. The brokerage set a “neutral” rating and a $80.00 price target on the business services provider’s stock. BNP Paribas Exane’s target price points to a potential downside of 0.89% from the stock’s previous close.

BAH has been the topic of several other reports. TD Cowen reissued a “hold” rating on shares of Booz Allen Hamilton in a research report on Tuesday. William Blair reiterated an “outperform” rating on shares of Booz Allen Hamilton in a research note on Tuesday, March 3rd. Citigroup dropped their target price on Booz Allen Hamilton from $109.00 to $87.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. DA Davidson set a $81.00 price target on Booz Allen Hamilton in a research report on Tuesday, January 27th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $83.00 price objective on shares of Booz Allen Hamilton in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $90.46.

Booz Allen Hamilton Trading Up 1.0%

Shares of Booz Allen Hamilton stock traded up $0.81 during trading hours on Wednesday, reaching $80.72. The stock had a trading volume of 589,510 shares, compared to its average volume of 2,103,580. The company has a current ratio of 1.78, a quick ratio of 1.81 and a debt-to-equity ratio of 3.55. Booz Allen Hamilton has a 1 year low of $68.83 and a 1 year high of $120.04. The firm has a market capitalization of $9.73 billion, a price-to-earnings ratio of 11.73, a P/E/G ratio of 4.57 and a beta of 0.32. The firm has a 50 day simple moving average of $78.64 and a two-hundred day simple moving average of $83.14.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, May 22nd. The business services provider reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.46. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter in the prior year, the company earned $1.61 EPS. The company’s revenue was down 5.9% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. As a group, equities research analysts anticipate that Booz Allen Hamilton will post 6.13 earnings per share for the current year.

Institutional Investors Weigh In On Booz Allen Hamilton

Institutional investors and hedge funds have recently bought and sold shares of the business. Rakuten Securities Inc. lifted its holdings in Booz Allen Hamilton by 414.6% in the second quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after acquiring an additional 199 shares during the last quarter. Cornerstone Planning Group LLC raised its position in shares of Booz Allen Hamilton by 244.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 289 shares of the business services provider’s stock worth $29,000 after purchasing an additional 205 shares during the period. Activest Wealth Management lifted its holdings in shares of Booz Allen Hamilton by 141.3% in the 4th quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock worth $26,000 after purchasing an additional 178 shares during the last quarter. Torren Management LLC acquired a new position in Booz Allen Hamilton during the 4th quarter valued at approximately $26,000. Finally, Fulcrum Asset Management LLP bought a new position in Booz Allen Hamilton during the 3rd quarter worth $32,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

About Booz Allen Hamilton

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.