Brokerages Set Booz Allen Hamilton Holding Corporation (NYSE:BAH) Target Price at $81.08

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has been given a consensus rating of “Reduce” by the fourteen research firms that are covering the company, MarketBeat reports. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $79.8333.

A number of analysts have issued reports on BAH shares. Wells Fargo & Company started coverage on Booz Allen Hamilton in a report on Wednesday, April 1st. They set an “equal weight” rating and a $85.00 price target for the company. Citigroup dropped their price objective on Booz Allen Hamilton from $88.00 to $69.00 and set a “neutral” rating on the stock in a report on Wednesday, July 1st. UBS Group reissued a “neutral” rating and set a $83.00 target price on shares of Booz Allen Hamilton in a research report on Tuesday, May 26th. BNP Paribas Exane started coverage on Booz Allen Hamilton in a report on Wednesday, May 27th. They issued a “neutral” rating and a $80.00 price target for the company. Finally, JPMorgan Chase & Co. lowered their price target on Booz Allen Hamilton from $97.00 to $85.00 and set an “underweight” rating for the company in a report on Tuesday, May 26th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Rakuten Securities Inc. raised its stake in Booz Allen Hamilton by 414.6% during the 2nd quarter. Rakuten Securities Inc. now owns 247 shares of the business services provider’s stock worth $26,000 after acquiring an additional 199 shares in the last quarter. Activest Wealth Management boosted its stake in Booz Allen Hamilton by 141.3% in the fourth quarter. Activest Wealth Management now owns 304 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 178 shares in the last quarter. Torren Management LLC acquired a new position in Booz Allen Hamilton in the fourth quarter valued at $26,000. Fulcrum Asset Management LLP purchased a new position in shares of Booz Allen Hamilton during the third quarter worth about $32,000. Finally, Aventura Private Wealth LLC purchased a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $27,000. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Price Performance

Shares of BAH opened at $63.94 on Friday. The firm has a market capitalization of $7.66 billion, a price-to-earnings ratio of 9.28, a PEG ratio of 3.64 and a beta of 0.36. The firm’s fifty day simple moving average is $70.63 and its 200-day simple moving average is $78.59. Booz Allen Hamilton has a twelve month low of $59.50 and a twelve month high of $120.04. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.55.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, May 22nd. The business services provider reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.46. The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $2.87 billion. Booz Allen Hamilton had a net margin of 7.59% and a return on equity of 76.07%. The company’s revenue was down 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.61 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.350 EPS. Equities analysts forecast that Booz Allen Hamilton will post 6.31 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Wednesday, June 10th were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Wednesday, June 10th. Booz Allen Hamilton’s payout ratio is currently 34.25%.

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.