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

Key Points

• Analysts hold a consensus “Reduce” rating on Booz Allen Hamilton, with four sells, eight holds, and three buys among 15 analysts. The average 12-month price target is $83.69, while several firms recently lowered their targets.
• BAH shares opened at $72.94 and have declined 1.3%, trading well below their 52-week high of $109.10. The company’s latest quarterly revenue fell 4.2% year over year, despite adjusted earnings of $1.81 per share exceeding expectations.
• The company paid a quarterly dividend of $0.59 per share, equivalent to an annualized $2.36 payout and a 3.2% yield. Institutional investors and hedge funds own approximately 91.82% of the stock.

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Get Free Report) have been assigned an average rating of "Reduce" from the fifteen analysts that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $83.6923.

BAH has been the topic of a number of analyst reports. The Goldman Sachs Group reduced their price objective on shares of Booz Allen Hamilton from $74.00 to $65.00 and set a "sell" rating on the stock in a research note on Tuesday, July 14th. Citigroup lowered their target price on shares of Booz Allen Hamilton from $88.00 to $69.00 and set a "neutral" rating for the company in a research note on Wednesday, July 1st. Jefferies Financial Group restated a "hold" rating and issued a $80.00 target price on shares of Booz Allen Hamilton in a report on Tuesday. Stifel Nicolaus set a $110.00 price target on shares of Booz Allen Hamilton and gave the company a "buy" rating in a research report on Tuesday, May 26th. Finally, TD Cowen decreased their price target on Booz Allen Hamilton from $85.00 to $70.00 and set a "hold" rating for the company in a report on Tuesday, July 7th.

Booz Allen Hamilton Trading Down 1.3%

Shares of BAH stock opened at $72.94 on Friday. Booz Allen Hamilton has a 1-year low of $59.50 and a 1-year high of $109.10. The company has a current ratio of 1.60, a quick ratio of 1.59 and a debt-to-equity ratio of 3.26. The stock has a market cap of $8.77 billion, a price-to-earnings ratio of 11.47, a PEG ratio of 3.81 and a beta of 0.36. The stock has a 50-day moving average of $70.29 and a 200-day moving average of $74.87.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $2.81 billion. Booz Allen Hamilton had a return on equity of 76.71% and a net margin of 7.01%.The firm's quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.48 earnings per share. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. On average, equities research analysts forecast that Booz Allen Hamilton will post 6.33 earnings per share for the current year.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.36 annualized dividend and a yield of 3.2%. Booz Allen Hamilton's dividend payout ratio (DPR) is currently 37.11%.

Hedge Funds Weigh In On Booz Allen Hamilton

Several institutional investors have recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Booz Allen Hamilton by 15.9% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 128,890 shares of the business services provider's stock valued at $10,941,000 after acquiring an additional 17,686 shares during the period. Weiss Asset Management LP acquired a new stake in Booz Allen Hamilton in the first quarter worth $12,945,000. Legal & General Group Plc grew its holdings in Booz Allen Hamilton by 9.9% in the fourth quarter. Legal & General Group Plc now owns 537,400 shares of the business services provider's stock worth $45,335,000 after purchasing an additional 48,457 shares during the period. Bank of America Corp DE increased its stake in Booz Allen Hamilton by 2.6% in the first quarter. Bank of America Corp DE now owns 1,117,280 shares of the business services provider's stock valued at $87,181,000 after purchasing an additional 28,462 shares in the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its holdings in shares of Booz Allen Hamilton by 1,624.2% during the fourth quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 51,725 shares of the business services provider's stock valued at $4,364,000 after purchasing an additional 48,725 shares during the period. 91.82% of the stock is owned by institutional investors and hedge funds.

About Booz Allen Hamilton

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source