Booz Allen Hamilton Holding Corporation (NYSE:BAH) Stock Has Average Price Target of $83.69

Key Points

• Analysts broadly recommend reducing exposure: Fifteen brokerages give Booz Allen Hamilton a consensus “Reduce” rating, with four sells, eight holds, and three buys. The average one-year price target is $83.69, though several firms recently lowered their targets to roughly $65–$70.
• Quarterly results were mixed: The company reported EPS of $1.81, exceeding the $1.49 consensus estimate, but revenue fell 4.2% year over year to $1.97 billion and missed expectations.
• Institutional ownership remains high and the dividend is attractive: Institutional investors own 91.82% of the stock, while Booz Allen pays a quarterly dividend of $0.59 per share, equivalent to a 3.4% annualized yield.

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Get Free Report) have earned a consensus recommendation of "Reduce" from the fifteen brokerages that are presently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $83.69.

Several equities analysts have issued reports on the company. The Goldman Sachs Group dropped their price target on 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 reduced their price objective on shares of Booz Allen Hamilton from $88.00 to $69.00 and set a "neutral" rating for the company in a research report on Wednesday, July 1st. Truist Financial lowered their price objective on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a "hold" rating for the company in a research note on Friday, July 10th. Weiss Ratings downgraded shares of Booz Allen Hamilton from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Wednesday, July 8th. Finally, TD Cowen cut their target price on shares of Booz Allen Hamilton from $85.00 to $70.00 and set a "hold" rating on the stock in a research note on Tuesday, July 7th.

Hedge Funds Weigh In On Booz Allen Hamilton

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. T. Rowe Price Investment Management Inc. raised its stake in Booz Allen Hamilton by 38.4% during 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 period. Geode Capital Management LLC boosted its holdings in Booz Allen Hamilton by 5.1% in the fourth quarter. Geode Capital Management LLC now owns 2,534,914 shares of the business services provider's stock worth $213,308,000 after acquiring an additional 123,076 shares in the last quarter. Black Creek Investment Management Inc. grew its stake in Booz Allen Hamilton by 20.0% in the fourth quarter. Black Creek Investment Management Inc. now owns 2,505,178 shares of the business services provider's stock valued at $211,337,000 after acquiring an additional 416,702 shares during the period. Allspring Global Investments Holdings LLC grew its stake in Booz Allen Hamilton by 1.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,590,848 shares of the business services provider's stock valued at $208,226,000 after acquiring an additional 45,276 shares during the period. Finally, Norges Bank acquired a new stake in Booz Allen Hamilton in the fourth quarter valued at approximately $143,749,000. Institutional investors own 91.82% of the company's stock.

Booz Allen Hamilton Stock Performance

Shares of BAH opened at $69.67 on Wednesday. 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 capitalization of $8.38 billion, a P/E ratio of 10.95, a price-to-earnings-growth ratio of 1.69 and a beta of 0.36. The firm's fifty day simple moving average is $74.40 and its two-hundred day simple moving average is $74.49. Booz Allen Hamilton has a 12 month low of $59.50 and a 12 month high of $109.10.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings data on Friday, July 24th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.49 by $0.32. Booz Allen Hamilton had a return on equity of 76.71% and a net margin of 7.01%.The company had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.81 billion. During the same period in the previous year, the business earned $1.48 EPS. The firm's revenue 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, analysts predict that Booz Allen Hamilton will post 6.34 EPS for the current year.

Booz Allen Hamilton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a dividend of $0.59 per share. The ex-dividend date was Friday, August 14th. This represents a $2.36 annualized dividend and a dividend yield of 3.4%. Booz Allen Hamilton's dividend payout ratio is currently 37.11%.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation, operating as Booz Allen Hamilton, is a management and technology consulting company that primarily serves the U.S. government. Its clients include defense, intelligence, civil government, and national security organizations, as well as select commercial and international customers.

The company provides consulting and technology services focused on artificial intelligence, data and analytics, cybersecurity, digital transformation, engineering, cloud computing, and mission operations.

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