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.

Booz Allen Hamilton Price Performance

BAH opened at $94.41 on Tuesday. The company's 50 day simple moving average is $89.76 and its 200-day simple moving average is $85.25. Booz Allen Hamilton has a one year low of $69.68 and a one year high of $97.93. The stock has a market capitalization of $12.49 billion, a P/E ratio of 24.84, a price-to-earnings-growth ratio of 2.76 and a beta of 0.64. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.60 and a quick ratio of 1.60.

Booz Allen Hamilton (NYSE:BAH - Get Rating) last announced its quarterly earnings data on Friday, July 29th. The business services provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.07. Booz Allen Hamilton had a net margin of 5.95% and a return on equity of 53.71%. The business 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 business posted $1.07 earnings per share. Booz Allen Hamilton's revenue was up 13.1% compared to the same quarter last year. Sell-side analysts anticipate that Booz Allen Hamilton will post 4.36 earnings per share for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 31st. Investors of record on Monday, August 15th will be issued a $0.43 dividend. The ex-dividend date is Friday, August 12th. This represents a $1.72 annualized dividend and a yield of 1.82%. Booz Allen Hamilton's dividend payout ratio is currently 45.26%.

Analyst Upgrades and Downgrades

BAH has been the topic of several research analyst reports. Truist Financial upped their price objective on shares of Booz Allen Hamilton from $80.00 to $100.00 and gave the stock a "hold" rating in a research note on Monday, August 1st. Cowen decreased their price objective on shares of Booz Allen Hamilton from $109.00 to $103.00 in a research note on Tuesday, June 14th. Wells Fargo & Company upped their price objective on shares of Booz Allen Hamilton from $98.00 to $100.00 and gave the stock an "overweight" rating in a research note on Monday, August 1st. Cowen decreased their price objective on shares of Booz Allen Hamilton from $109.00 to $103.00 and set an "outperform" rating on the stock in a research note on Tuesday, June 14th. Finally, Barclays cut shares of Booz Allen Hamilton from an "overweight" rating to an "equal weight" rating and set a $95.00 price objective on the stock. in a research note on Tuesday, June 7th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $99.00.

Insider Activity at Booz Allen Hamilton

In related news, CEO Horacio Rozanski sold 40,000 shares of the 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 transaction, the chief executive officer now directly owns 599,692 shares in the company, valued at $53,360,594.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Booz Allen Hamilton news, CEO Horacio Rozanski sold 40,000 shares of the stock in a transaction 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 sale, 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 available at the SEC website. Also, CFO Lloyd Howell, Jr. sold 8,129 shares of the stock in a transaction on Thursday, June 30th. The stock was sold at an average price of $90.00, for a total transaction of $731,610.00. Following the completion of the sale, the chief financial officer now owns 182,500 shares in the company, valued at $16,425,000. The disclosure for this sale can be found here. Insiders have sold 272,586 shares of company stock worth $24,106,503 over the last ninety days. Company insiders own 2.23% of the company's stock.