Booz Allen Hamilton (NYSE:BAH) Cut to Strong Sell at Zacks Research

Key Points

• Booz Allen Hamilton has been downgraded from a "hold" rating to a "strong sell" rating by Zacks Research, signaling a bearish outlook from analysts.
• The company's recent earnings report showed EPS of $1.48, exceeding analysts' expectations but highlighting a 0.6% decline in revenue year-over-year.
• Despite the downgrade, an average consensus price target for Booz Allen Hamilton remains at $134.00, with mixed ratings from various analysts.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a note issued to investors on Tuesday,Zacks.com reports.

A number of other equities analysts have also recently issued reports on the company. UBS Group set a $119.00 price objective on Booz Allen Hamilton and gave the stock a "neutral" rating in a report on Monday, July 28th. Weiss Ratings reiterated a "hold (c)" rating on shares of Booz Allen Hamilton in a report on Wednesday, October 8th. William Blair upgraded Booz Allen Hamilton from a "market perform" rating to an "outperform" rating in a report on Monday, July 21st. Stifel Nicolaus upped their price objective on Booz Allen Hamilton from $112.00 to $119.00 and gave the stock a "hold" rating in a report on Monday, July 28th. Finally, JPMorgan Chase & Co. upped their price objective on Booz Allen Hamilton from $115.00 to $122.00 and gave the stock an "underweight" rating in a report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Booz Allen Hamilton has an average rating of "Hold" and a consensus price target of $134.00.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $96.38 on Tuesday. The firm has a market capitalization of $11.88 billion, a P/E ratio of 11.84, a P/E/G ratio of 1.54 and a beta of 0.42. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66. The stock's 50-day simple moving average is $104.37 and its two-hundred day simple moving average is $108.64. Booz Allen Hamilton has a twelve month low of $95.05 and a twelve month high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its earnings results on Friday, July 25th. The business services provider reported $1.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.45 by $0.03. The business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.96 billion. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The company's quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.38 EPS. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. As a group, equities analysts anticipate that Booz Allen Hamilton will post 6.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Rakuten Securities Inc. raised its position in shares of Booz Allen Hamilton by 414.6% in 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. Brooklyn Investment Group boosted its stake in Booz Allen Hamilton by 102.8% during the 1st quarter. Brooklyn Investment Group now owns 294 shares of the business services provider's stock valued at $31,000 after purchasing an additional 149 shares during the last quarter. WPG Advisers LLC purchased a new stake in Booz Allen Hamilton during the 1st quarter valued at $35,000. Ransom Advisory Ltd purchased a new position in Booz Allen Hamilton in the first quarter worth about $35,000. Finally, Golden State Wealth Management LLC boosted its position in Booz Allen Hamilton by 244.9% in the second quarter. Golden State Wealth Management LLC now owns 338 shares of the business services provider's stock worth $35,000 after purchasing an additional 240 shares during the last quarter. Institutional investors own 91.82% of the company's stock.

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.

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