Booz Allen Hamilton Holding Corporation (NYSE:BAH) - Stock analysts at Jefferies Group issued their Q1 2019 earnings per share estimates for shares of Booz Allen Hamilton Holding Corporation in a research report issued on Monday. Jefferies Group analyst S. Kahyaoglu forecasts that the business services provider will earn $0.52 per share for the quarter. Jefferies Group currently has a “Hold” rating and a $36.00 target price on the stock. Jefferies Group also issued estimates for Booz Allen Hamilton Holding Corporation’s Q2 2019 earnings at $0.49 EPS, Q3 2019 earnings at $0.50 EPS, Q4 2019 earnings at $0.55 EPS and FY2020 earnings at $2.30 EPS.
Several other equities research analysts have also recently weighed in on the stock. Barclays PLC cut shares of Booz Allen Hamilton Holding Corporation from an “overweight” rating to an “equal weight” rating and set a $38.00 price target on the stock. in a research report on Monday, May 1st. Zacks Investment Research cut shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, May 16th. Bank of America Corporation cut shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “neutral” rating in a research report on Friday, June 16th. Cowen and Company restated a “buy” rating and issued a $46.00 price target on shares of Booz Allen Hamilton Holding Corporation in a research report on Tuesday, June 6th. Finally, Drexel Hamilton cut shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and reduced their price target for the stock from $39.67 to $27.47 in a research report on Friday, June 16th. Eight investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $37.55.
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Booz Allen Hamilton Holding Corporation (NYSE BAH) traded down 0.03% during midday trading on Tuesday, reaching $33.50. The company had a trading volume of 268,506 shares. The firm has a market capitalization of $4.96 billion, a PE ratio of 20.12 and a beta of 1.31. Booz Allen Hamilton Holding Corporation has a 12 month low of $29.55 and a 12 month high of $39.67. The firm’s 50-day moving average price is $34.99 and its 200 day moving average price is $35.62.
Booz Allen Hamilton Holding Corporation (NYSE:BAH) last posted its earnings results on Monday, May 22nd. The business services provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.02. The firm had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 49.46% and a net margin of 4.35%. The firm’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.41 earnings per share.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Saturday, June 10th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend was Wednesday, June 7th. Booz Allen Hamilton Holding Corporation’s dividend payout ratio (DPR) is 40.72%.
In other Booz Allen Hamilton Holding Corporation news, CAO Joseph W. Mahaffee sold 50,000 shares of the business’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $39.00, for a total transaction of $1,950,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Lloyd Howell, Jr. sold 24,140 shares of the business’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $38.51, for a total transaction of $929,631.40. The disclosure for this sale can be found here. Insiders have sold 239,140 shares of company stock worth $9,225,081 in the last quarter. Company insiders own 3.04% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of BAH. Nationwide Fund Advisors boosted its position in Booz Allen Hamilton Holding Corporation by 832.4% in the first quarter. Nationwide Fund Advisors now owns 360,852 shares of the business services provider’s stock worth $12,771,000 after buying an additional 322,152 shares during the period. Somerset Trust Co bought a new stake in shares of Booz Allen Hamilton Holding Corporation during the first quarter worth about $494,000. Parametrica Management Ltd bought a new stake in shares of Booz Allen Hamilton Holding Corporation during the first quarter worth about $234,000. Bank of Montreal Can raised its stake in shares of Booz Allen Hamilton Holding Corporation by 517.9% in the first quarter. Bank of Montreal Can now owns 107,779 shares of the business services provider’s stock worth $3,814,000 after buying an additional 90,335 shares in the last quarter. Finally, GW&K Investment Management LLC raised its stake in Booz Allen Hamilton Holding Corporation by 26.8% in the first quarter. GW&K Investment Management LLC now owns 514,617 shares of the business services provider’s stock worth $18,212,000 after buying an additional 108,793 shares during the period. Institutional investors and hedge funds own 95.72% of the company’s stock.
Booz Allen Hamilton Holding Corporation Company Profile
Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.
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