Booz Allen Hamilton (NYSE:BAH) Trading 4.2% Higher - Still a Buy?

Key Points

• Booz Allen Hamilton shares rose 4.2% to about $75.25, although trading volume was 75% below the average session volume.
• Analyst sentiment remains cautious: the stock has an average “Reduce” rating, with three Buy, eight Hold, and four Sell ratings and a consensus price target of $83.69.
• The company exceeded quarterly EPS expectations, reporting $1.81 versus the $1.49 consensus, but revenue fell 4.2% year over year. It also maintains a quarterly dividend of $0.59 per share, representing a 3.1% annualized yield.

Booz Allen Hamilton Holding Corporation (NYSE:BAH - Get Free Report) shares were up 4.2% during trading on Thursday . The stock traded as high as $75.32 and last traded at $75.2540. Approximately 519,243 shares were traded during trading, a decline of 75% from the average session volume of 2,118,622 shares. The stock had previously closed at $72.20.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Bank of America reduced their price target on Booz Allen Hamilton from $90.00 to $75.00 and set an "underperform" rating on the stock in a research report on Monday, July 20th. Stifel Nicolaus set a $110.00 price objective on Booz Allen Hamilton and gave the stock a "buy" rating in a research report on Tuesday, May 26th. BNP Paribas Exane started coverage on shares of Booz Allen Hamilton in a research note on Wednesday, May 27th. They set a "neutral" rating and a $80.00 target price on the stock. UBS Group raised their target price on shares of Booz Allen Hamilton from $70.00 to $78.00 and gave the company a "neutral" rating in a report on Monday, July 27th. Finally, Wall Street Zen upgraded shares of Booz Allen Hamilton from a "hold" rating to a "buy" rating in a research note on Saturday, September 5th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus price target of $83.69.

Booz Allen Hamilton Trading Up 4.6%

The company has a 50-day moving average price of $70.99 and a 200-day moving average price of $74.72. The firm has a market capitalization of $9.08 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 3.72 and a beta of 0.36. The company has a debt-to-equity ratio of 3.26, a quick ratio of 1.59 and a current ratio of 1.60.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last issued its earnings results on Friday, July 24th. The business services provider reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.32. The business 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 business's quarterly revenue was down 4.2% on a year-over-year basis. During the same quarter last year, the company earned $1.48 EPS. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. As a group, research analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.33 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were issued a dividend of $0.59 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.36 dividend on an annualized basis and a yield of 3.1%. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 37.11%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Rakuten Securities Inc. raised its stake in Booz Allen Hamilton by 414.6% during 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. PenderFund Capital Management Ltd. purchased a new position in shares of Booz Allen Hamilton during the fourth quarter worth about $30,000. Fulcrum Asset Management LLP purchased a new position in shares of Booz Allen Hamilton during the third quarter worth about $32,000. Versant Capital Management Inc increased its position in shares of Booz Allen Hamilton by 1,122.9% during the second quarter. Versant Capital Management Inc now owns 587 shares of the business services provider's stock worth $36,000 after purchasing an additional 539 shares in the last quarter. Finally, Transamerica Financial Advisors LLC acquired a new stake in shares of Booz Allen Hamilton during the second quarter worth about $41,000. Institutional investors and hedge funds own 91.82% of the company's stock.

Booz Allen Hamilton Company Profile

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.