Booz Allen Hamilton (NYSE:BAH) Reaches New 52-Week Low – Time to Sell?

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) reached a new 52-week low on Wednesday . The stock traded as low as $62.50 and last traded at $62.5850, with a volume of 1085882 shares. The stock had previously closed at $63.88.

Analysts Set New Price Targets

BAH has been the topic of several research analyst reports. Truist Financial lowered their target price on shares of Booz Allen Hamilton from $98.00 to $85.00 and set a “hold” rating on the stock in a research note on Monday, April 20th. Wells Fargo & Company initiated coverage on shares of Booz Allen Hamilton in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $85.00 price objective for the company. Jefferies Financial Group set a $85.00 price objective on shares of Booz Allen Hamilton in a research note on Monday, May 11th. William Blair reissued an “outperform” rating on shares of Booz Allen Hamilton in a report on Tuesday, March 3rd. Finally, Weiss Ratings downgraded Booz Allen Hamilton from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 24th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, Booz Allen Hamilton has a consensus rating of “Reduce” and an average price target of $88.00.

Booz Allen Hamilton Price Performance

The company’s 50 day moving average price is $76.89 and its 200-day moving average price is $82.08. The company has a market cap of $7.50 billion, a price-to-earnings ratio of 9.05, a PEG ratio of 3.62 and a beta of 0.32. The company has a debt-to-equity ratio of 3.55, a quick ratio of 1.78 and a current ratio of 1.78.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Friday, May 22nd. The business services provider reported $1.78 EPS for the quarter, beating the consensus estimate of $1.32 by $0.46. The business had revenue of $1.91 billion during the quarter, compared to analyst estimates of $2.87 billion. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The business’s quarterly revenue was down 5.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.61 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. On average, equities research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.23 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Wednesday, June 10th. Booz Allen Hamilton’s dividend payout ratio is 34.25%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BAH. Rakuten Securities Inc. boosted its position in shares of 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 buying an additional 199 shares during the period. Activest Wealth Management grew its stake 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 valued at $26,000 after buying an additional 178 shares in the last quarter. Torren Management LLC acquired a new position in Booz Allen Hamilton in the fourth quarter worth approximately $26,000. Fulcrum Asset Management LLP bought a new position in Booz Allen Hamilton during the third quarter valued at approximately $32,000. Finally, Aventura Private Wealth LLC bought a new position in Booz Allen Hamilton during the fourth quarter valued at approximately $27,000. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Company Profile

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.