Booz Allen Hamilton Holding Co. (NYSE:BAH) – Analysts at Jefferies Financial Group issued their Q1 2020 earnings per share (EPS) estimates for Booz Allen Hamilton in a research report issued on Tuesday, May 28th, according to Zacks Investment Research. Jefferies Financial Group analyst S. Kahyaoglu anticipates that the business services provider will post earnings per share of $0.69 for the quarter. Jefferies Financial Group currently has a “Outperform” rating and a $69.00 target price on the stock. Jefferies Financial Group also issued estimates for Booz Allen Hamilton’s Q2 2020 earnings at $0.71 EPS, Q3 2020 earnings at $0.73 EPS, Q4 2020 earnings at $0.87 EPS and FY2022 earnings at $3.80 EPS.
Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Tuesday, May 28th. The business services provider reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. Booz Allen Hamilton had a net margin of 6.24% and a return on equity of 60.67%. The business had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter in the previous year, the firm posted $0.51 EPS. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year.
Other equities research analysts have also recently issued research reports about the stock. Wells Fargo & Co reissued a “buy” rating on shares of Booz Allen Hamilton in a report on Friday, June 7th. Morgan Stanley assumed coverage on shares of Booz Allen Hamilton in a report on Monday, June 3rd. They set an “overweight” rating and a $70.00 target price on the stock. Zacks Investment Research cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and set a $66.00 target price on the stock. in a report on Thursday, May 30th. SunTrust Banks upped their price target on shares of Booz Allen Hamilton to $69.00 and gave the stock a “buy” rating in a report on Wednesday, May 29th. Finally, Goldman Sachs Group began coverage on shares of Booz Allen Hamilton in a report on Thursday, May 9th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. Booz Allen Hamilton currently has a consensus rating of “Buy” and a consensus price target of $59.90.
BAH stock traded up $0.23 during midday trading on Thursday, reaching $66.10. 1,468,831 shares of the company’s stock traded hands, compared to its average volume of 1,025,510. The company has a debt-to-equity ratio of 2.52, a current ratio of 1.44 and a quick ratio of 1.44. Booz Allen Hamilton has a 52 week low of $42.91 and a 52 week high of $67.00. The stock has a market capitalization of $9.15 billion, a price-to-earnings ratio of 23.95, a PEG ratio of 1.75 and a beta of 0.95.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.92 annualized dividend and a dividend yield of 1.39%. Booz Allen Hamilton’s payout ratio is currently 33.33%.
In other news, VP Laura S. Adams sold 780 shares of the company’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $65.63, for a total value of $51,191.40. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 2.60% of the company’s stock.
Large investors have recently made changes to their positions in the stock. Federated Investors Inc. PA grew its position in Booz Allen Hamilton by 70.6% in the first quarter. Federated Investors Inc. PA now owns 362,389 shares of the business services provider’s stock worth $21,069,000 after acquiring an additional 149,939 shares in the last quarter. Geode Capital Management LLC grew its position in Booz Allen Hamilton by 9.1% in the fourth quarter. Geode Capital Management LLC now owns 1,481,657 shares of the business services provider’s stock worth $66,778,000 after acquiring an additional 123,410 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Booz Allen Hamilton by 13.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 17,594 shares of the business services provider’s stock worth $793,000 after acquiring an additional 2,027 shares in the last quarter. Bank of America Corp DE grew its position in Booz Allen Hamilton by 7.3% in the fourth quarter. Bank of America Corp DE now owns 1,116,793 shares of the business services provider’s stock worth $50,335,000 after acquiring an additional 76,187 shares in the last quarter. Finally, Bailard Inc. grew its position in Booz Allen Hamilton by 8.5% in the fourth quarter. Bailard Inc. now owns 57,065 shares of the business services provider’s stock worth $2,572,000 after acquiring an additional 4,465 shares in the last quarter. Institutional investors own 94.51% of the company’s stock.
Booz Allen Hamilton Company Profile
Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions 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.