Booz Allen Hamilton Holding Corporation (NYSE:BAH) Given Consensus Recommendation of "Reduce" by Analysts

Key Points

• Analysts hold a “Reduce” consensus on Booz Allen Hamilton, with four sell, eight hold and three buy ratings. The average 12-month price target is approximately $84.08.
• The stock recently traded at $77.61, while several firms lowered their targets, including Goldman Sachs to $65, JPMorgan to $85 and TD Cowen to $70.
• Booz Allen beat quarterly EPS expectations with $1.81 versus $1.49 forecast, but revenue declined 4.2% year over year. The company also declared a quarterly dividend of $0.59 per share, representing a 3.0% yield.

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Get Free Report) have earned an average recommendation of "Reduce" from the fifteen ratings firms that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $84.0769.

Several research firms recently commented on BAH. Weiss Ratings cut Booz Allen Hamilton from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, July 8th. The Goldman Sachs Group cut their target price on Booz Allen Hamilton from $74.00 to $65.00 and set a "sell" rating on the stock in a research report on Tuesday, July 14th. Jefferies Financial Group set a $85.00 price target on shares of Booz Allen Hamilton in a research report on Monday, May 11th. JPMorgan Chase & Co. cut their price target on shares of Booz Allen Hamilton from $97.00 to $85.00 and set an "underweight" rating on the stock in a report on Tuesday, May 26th. Finally, TD Cowen dropped their target price on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a "hold" rating for the company in a research report on Tuesday, July 7th.

Booz Allen Hamilton Stock Up 2.1%

NYSE BAH opened at $77.61 on Tuesday. The company has a quick ratio of 1.59, a current ratio of 1.60 and a debt-to-equity ratio of 3.26. Booz Allen Hamilton has a fifty-two week low of $59.50 and a fifty-two week high of $112.22. The business has a 50 day moving average price of $68.95 and a two-hundred day moving average price of $76.46. The stock has a market cap of $9.34 billion, a PE ratio of 12.20, a P/E/G ratio of 3.95 and a beta of 0.34.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its earnings results on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, topping analysts' consensus estimates of $1.49 by $0.32. Booz Allen Hamilton had a net margin of 7.01% and a return on equity of 76.71%. The business had revenue of $1.97 billion for the quarter, compared to analysts' expectations of $2.81 billion. During the same period in the previous year, the company posted $1.48 earnings per share. The business's revenue for the quarter was down 4.2% compared to the same quarter last year. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. As a group, sell-side analysts predict that Booz Allen Hamilton will post 6.3 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.59 per share. The ex-dividend date is Friday, August 14th. This represents a $2.36 annualized dividend and a yield of 3.0%. Booz Allen Hamilton's dividend payout ratio is presently 37.11%.

Institutional Investors Weigh In On Booz Allen Hamilton

A number of institutional investors have recently made changes to their positions in BAH. Primecap Management Co. CA boosted its holdings in Booz Allen Hamilton by 135.2% in the fourth quarter. Primecap Management Co. CA now owns 4,666,298 shares of the business services provider's stock worth $393,649,000 after purchasing an additional 2,682,460 shares during the period. T. Rowe Price Investment Management Inc. lifted its position in shares of Booz Allen Hamilton by 38.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,528,226 shares of the business services provider's stock worth $550,722,000 after buying an additional 1,811,906 shares during the last quarter. Norges Bank acquired a new position in shares of Booz Allen Hamilton in the 4th quarter valued at about $143,749,000. State Street Corp grew its position in shares of Booz Allen Hamilton by 53.2% during the 4th quarter. State Street Corp now owns 4,402,897 shares of the business services provider's stock valued at $371,428,000 after buying an additional 1,528,739 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in Booz Allen Hamilton by 36.0% during the fourth quarter. First Trust Advisors LP now owns 4,856,528 shares of the business services provider's stock worth $409,697,000 after acquiring an additional 1,285,475 shares during the period. 91.82% of the stock is currently owned by institutional investors.

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.

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