Booz Allen Hamilton Holding Corporation (NYSE:BAH) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Booz Allen Hamilton has received a consensus rating of "Hold" from twelve brokerages, with two sell, six hold, three buy, and one strong buy ratings among them.
• The average 1-year price target for Booz Allen Hamilton's stock is $134.00, with recent adjustments from various analysts leading to mixed outlooks on the stock's potential.
• The firm recently declared a quarterly dividend of $0.55, translating to an annual yield of 2.0%, with a payout ratio of 27.03%.

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Get Free Report) have received a consensus recommendation of "Hold" from the twelve research firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $134.00.

Several brokerages have recently issued reports on BAH. Wells Fargo & Company lowered their price objective on shares of Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating for the company in a research report on Friday, May 23rd. Truist Financial lowered their price objective on shares of Booz Allen Hamilton from $142.00 to $110.00 and set a "hold" rating for the company in a research report on Monday, April 14th. Raymond James Financial reissued a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. JPMorgan Chase & Co. increased their price objective on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an "underweight" rating in a research report on Monday, July 28th. Finally, Stifel Nicolaus set a $119.00 price objective on shares of Booz Allen Hamilton and gave the stock a "hold" rating in a research report on Monday, July 28th.

Institutional Trading of Booz Allen Hamilton

A number of hedge funds have recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB increased its position in Booz Allen Hamilton by 74.5% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 246 shares of the business services provider's stock worth $26,000 after acquiring an additional 105 shares during the period. Brooklyn Investment Group increased its position in Booz Allen Hamilton by 102.8% during the first quarter. Brooklyn Investment Group now owns 294 shares of the business services provider's stock worth $31,000 after acquiring an additional 149 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Booz Allen Hamilton during the fourth quarter worth about $33,000. Versant Capital Management Inc increased its position in Booz Allen Hamilton by 627.3% during the first quarter. Versant Capital Management Inc now owns 320 shares of the business services provider's stock worth $33,000 after acquiring an additional 276 shares during the period. Finally, CX Institutional bought a new position in Booz Allen Hamilton during the first quarter worth about $33,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Trading Up 0.4%

NYSE:BAH traded up $0.42 during trading hours on Friday, hitting $110.12. The stock had a trading volume of 253,965 shares, compared to its average volume of 2,356,408. Booz Allen Hamilton has a one year low of $98.95 and a one year high of $190.59. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.78 and a current ratio of 1.78. The company has a market cap of $13.57 billion, a price-to-earnings ratio of 13.52, a P/E/G ratio of 1.72 and a beta of 0.47. The business's 50 day moving average is $105.85 and its 200-day moving average is $113.67.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating the consensus estimate of $1.45 by $0.03. Booz Allen Hamilton had a net margin of 8.70% and a return on equity of 73.05%. The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter in the prior year, the firm earned $1.38 earnings per share. The business's quarterly revenue was down .6% on a year-over-year basis. Sell-side analysts anticipate that Booz Allen Hamilton will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Thursday, August 14th will be paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 27.03%.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.