Booz Allen Hamilton - BAH Stock Forecast, Price & News

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.

Analysts Set New Price Targets

Several equities research analysts have recently commented on BAH shares. Cowen reduced their target price on Booz Allen Hamilton from $109.00 to $103.00 in a report on Tuesday, June 14th. The Goldman Sachs Group raised Booz Allen Hamilton from a "neutral" rating to a "buy" rating and upped their target price for the company from $83.00 to $102.00 in a report on Wednesday, April 13th. StockNews.com raised Booz Allen Hamilton from a "hold" rating to a "buy" rating in a report on Tuesday. Truist Financial upped their target price on Booz Allen Hamilton from $80.00 to $100.00 and gave the company a "hold" rating in a report on Monday, August 1st. Finally, Raymond James upped their price target on Booz Allen Hamilton from $90.00 to $96.00 in a research report on Wednesday, May 25th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $99.00.

Booz Allen Hamilton Stock Up 0.4 %

BAH Stock traded up $0.39 during mid-day trading on Wednesday, hitting $96.15. The stock had a trading volume of 619,549 shares, compared to its average volume of 1,086,646. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 2.47. Booz Allen Hamilton has a 1-year low of $69.68 and a 1-year high of $97.93. The company has a fifty day moving average of $90.18 and a 200 day moving average of $85.40. The stock has a market capitalization of $12.72 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 2.76 and a beta of 0.64.

Booz Allen Hamilton (NYSE:BAH - Get Rating) last issued its earnings results on Friday, July 29th. The business services provider reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.07. Booz Allen Hamilton had a return on equity of 53.71% and a net margin of 5.95%. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.19 billion. During the same period in the prior year, the firm posted $1.07 EPS. The business's revenue was up 13.1% compared to the same quarter last year. On average, equities analysts expect that Booz Allen Hamilton will post 4.36 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th will be given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.79%. The ex-dividend date is Friday, August 12th. Booz Allen Hamilton's payout ratio is currently 45.26%.

Insider Transactions at Booz Allen Hamilton

In other news, EVP Susan L. Penfield sold 12,209 shares of the company's stock in a transaction dated Monday, July 25th. The stock was sold at an average price of $95.00, for a total transaction of $1,159,855.00. Following the completion of the sale, the executive vice president now owns 9,969 shares in the company, valued at approximately $947,055. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, EVP Susan L. Penfield sold 12,209 shares of the company's stock in a transaction dated Monday, July 25th. The stock was sold at an average price of $95.00, for a total transaction of $1,159,855.00. Following the completion of the sale, the executive vice president now owns 9,969 shares in the company, valued at approximately $947,055. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Horacio Rozanski sold 40,000 shares of the company's stock in a transaction dated Monday, June 27th. The stock was sold at an average price of $88.98, for a total value of $3,559,200.00. Following the sale, the chief executive officer now owns 599,692 shares of the company's stock, valued at approximately $53,360,594.16. The disclosure for this sale can be found here. In the last quarter, insiders sold 272,586 shares of company stock worth $24,106,503. 2.23% of the stock is owned by corporate insiders.