Booz Allen Hamilton Holding Co. (NYSE:BAH - Get Free Report)'s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as $101.05 and last traded at $101.70, with a volume of 178510 shares traded. The stock had previously closed at $102.51.
Analyst Ratings Changes
BAH has been the subject of several research analyst reports. UBS Group upped their price target on Booz Allen Hamilton from $120.00 to $135.00 and gave the stock a "neutral" rating in a research note on Monday, May 19th. Raymond James reaffirmed a "market perform" rating on shares of Booz Allen Hamilton in a research report on Friday, May 23rd. Cantor Fitzgerald raised Booz Allen Hamilton to a "strong-buy" rating in a research report on Tuesday, February 25th. The Goldman Sachs Group downgraded Booz Allen Hamilton from a "neutral" rating to a "sell" rating and decreased their target price for the stock from $108.00 to $94.00 in a research report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. decreased their target price on Booz Allen Hamilton from $140.00 to $120.00 and set an "underweight" rating for the company in a research report on Tuesday, April 15th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Booz Allen Hamilton presently has an average rating of "Hold" and a consensus target price of $136.90.
Get Our Latest Report on Booz Allen Hamilton
Booz Allen Hamilton Price Performance
The stock has a market cap of $12.81 billion, a PE ratio of 15.37, a P/E/G ratio of 1.25 and a beta of 0.49. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.57. The business has a fifty day moving average of $114.92 and a 200 day moving average of $122.38.
Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its quarterly earnings results on Friday, May 23rd. The business services provider reported $1.61 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.02. The firm had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.03 billion. Booz Allen Hamilton had a return on equity of 68.97% and a net margin of 7.39%. Booz Allen Hamilton's revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.33 earnings per share. Sell-side analysts anticipate that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.
Booz Allen Hamilton Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, June 11th will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend is Wednesday, June 11th. Booz Allen Hamilton's dividend payout ratio is presently 30.34%.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of BAH. SG Americas Securities LLC lifted its holdings in Booz Allen Hamilton by 25.7% during the 4th quarter. SG Americas Securities LLC now owns 894 shares of the business services provider's stock worth $115,000 after buying an additional 183 shares during the last quarter. abrdn plc acquired a new stake in shares of Booz Allen Hamilton during the 4th quarter worth approximately $546,000. Yousif Capital Management LLC raised its position in shares of Booz Allen Hamilton by 5.3% during the 4th quarter. Yousif Capital Management LLC now owns 2,265 shares of the business services provider's stock worth $292,000 after purchasing an additional 113 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Booz Allen Hamilton by 113.6% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,432 shares of the business services provider's stock worth $3,136,000 after purchasing an additional 12,993 shares during the period. Finally, Choreo LLC raised its position in shares of Booz Allen Hamilton by 35.9% during the 4th quarter. Choreo LLC now owns 5,442 shares of the business services provider's stock worth $699,000 after purchasing an additional 1,439 shares during the period. Institutional investors own 91.82% of the company's stock.
About Booz Allen Hamilton
(
Get Free Report)
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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