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. The company offers consulting solutions for various domains, business strategies, human capital, and operations. It also provides analytics services, which focuses on delivering transformational solutions in the areas of artificial intelligence, such as machine learning and deep learning; data science, such as data engineering and predictive modeling; automation and decision analytics; and quantum computing. In addition, the company designs, develops, and implements solutions built on contemporary methodologies and modern architectures; delivers engineering services and solutions to define, develop, implement, sustain, and modernize complex physical systems; and provides cyber risk management solutions, such as prevention, detection, and cost effectiveness. Booz Allen Hamilton Holding Corporation was founded in 1914 and is headquartered in McLean, Virginia.
Wall Street Analysts Forecast Growth
BAH has been the subject of several analyst reports. Morgan Stanley raised their price target on Booz Allen Hamilton from $100.00 to $105.00 and gave the company an "overweight" rating in a report on Tuesday, August 2nd. Raymond James lifted their price objective on Booz Allen Hamilton from $90.00 to $96.00 in a report on Wednesday, May 25th. Cowen reduced their price objective on Booz Allen Hamilton from $109.00 to $103.00 in a report on Tuesday, June 14th. Wells Fargo & Company lifted their price objective on Booz Allen Hamilton from $98.00 to $100.00 and gave the stock an "overweight" rating in a report on Monday, August 1st. Finally, StockNews.com upgraded Booz Allen Hamilton from a "hold" rating to a "buy" rating in a report on Tuesday, August 9th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $99.00.
Booz Allen Hamilton Trading Up 2.5 %
Booz Allen Hamilton stock opened at $98.20 on Tuesday. The business has a 50-day simple moving average of $90.70 and a two-hundred day simple moving average of $85.72. The company has a market cap of $12.99 billion, a P/E ratio of 25.84, a P/E/G ratio of 2.92 and a beta of 0.64. Booz Allen Hamilton has a 52-week low of $69.68 and a 52-week high of $98.33. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 2.47.
Booz Allen Hamilton (NYSE:BAH - Get Rating) last released its quarterly earnings results on Friday, July 29th. The business services provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.06 by $0.07. The business had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.19 billion. Booz Allen Hamilton had a return on equity of 53.71% and a net margin of 5.95%. The business's quarterly revenue was up 13.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.07 EPS. Analysts predict that Booz Allen Hamilton will post 4.36 EPS for the current year.
Booz Allen Hamilton Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 31st. Stockholders of record on Monday, August 15th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Friday, August 12th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.75%. Booz Allen Hamilton's payout ratio is currently 45.26%.
Insider Buying and Selling at Booz Allen Hamilton
In other Booz Allen Hamilton news, EVP Karen M. Dahut sold 97,761 shares of the company's stock in a transaction that occurred on Wednesday, May 25th. The shares were sold at an average price of $84.48, for a total value of $8,258,849.28. Following the completion of the transaction, the executive vice president now directly owns 194,836 shares in the company, valued at $16,459,745.28. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 40,000 shares of the company's stock in a transaction that occurred on Monday, June 27th. The shares were sold at an average price of $88.98, for a total value of $3,559,200.00. Following the completion of the transaction, the chief executive officer now directly owns 599,692 shares in the company, valued at $53,360,594.16. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Karen M. Dahut sold 97,761 shares of the company's stock in a transaction that occurred on Wednesday, May 25th. The stock was sold at an average price of $84.48, for a total transaction of $8,258,849.28. Following the completion of the transaction, the executive vice president now owns 194,836 shares of the company's stock, valued at $16,459,745.28. The disclosure for this sale can be found here. Insiders have sold 272,586 shares of company stock valued at $24,106,503 over the last 90 days. 2.23% of the stock is currently owned by corporate insiders.
