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.

Wall Street Analysts Forecast Growth

BAH has been the topic of a number of analyst reports. Raymond James lifted their target price on shares of Booz Allen Hamilton from $90.00 to $96.00 in a research report on Wednesday, May 25th. Wells Fargo & Company lifted their target price on shares of Booz Allen Hamilton from $98.00 to $100.00 and gave the stock an "overweight" rating in a research report on Monday, August 1st. Morgan Stanley lifted their target price on shares of Booz Allen Hamilton from $100.00 to $105.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 2nd. Cowen decreased their target price on shares of Booz Allen Hamilton from $109.00 to $103.00 and set an "outperform" rating on the stock in a research report on Tuesday, June 14th. Finally, Cowen decreased their price objective on shares of Booz Allen Hamilton from $109.00 to $103.00 in a research report on Tuesday, June 14th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $99.00.

Booz Allen Hamilton Trading Up 0.1 %

Shares of BAH traded up $0.08 during trading hours on Wednesday, reaching $98.14. 475,472 shares of the company traded hands, compared to its average volume of 1,074,119. The company's fifty day moving average price is $91.11 and its two-hundred day moving average price is $85.90. The company has a market capitalization of $12.99 billion, a price-to-earnings ratio of 25.83, a price-to-earnings-growth ratio of 2.99 and a beta of 0.63. 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 has a 12 month low of $69.68 and a 12 month high of $98.58.

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

Booz Allen Hamilton Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 31st. Stockholders of record on Monday, August 15th will be paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend is Friday, August 12th. Booz Allen Hamilton's payout ratio is 45.26%.

Insider Activity

In related news, EVP Karen M. Dahut sold 97,761 shares of the business's stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $84.48, for a total transaction of $8,258,849.28. Following the sale, the executive vice president now owns 194,836 shares of the company's stock, valued at $16,459,745.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, EVP Karen M. Dahut sold 97,761 shares of the business's stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $84.48, for a total transaction of $8,258,849.28. Following the sale, the executive vice president now owns 194,836 shares of the company's stock, valued at $16,459,745.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Karen M. Dahut sold 50,068 shares of the business's stock in a transaction dated Monday, June 27th. The stock was sold at an average price of $89.06, for a total transaction of $4,459,056.08. Following the sale, the executive vice president now directly owns 144,768 shares in the company, valued at approximately $12,893,038.08. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 272,586 shares of company stock valued at $24,106,503. Corporate insiders own 2.23% of the company's stock.