Booz Allen Hamilton (BAH) Scheduled to Post Earnings on Friday

Booz Allen Hamilton (NYSE:BAHGet Rating) is set to release its earnings data before the market opens on Friday, January 27th. Analysts expect Booz Allen Hamilton to post earnings of $1.03 per share for the quarter. Booz Allen Hamilton has set its FY23 guidance at $4.25-4.50 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Booz Allen Hamilton (NYSE:BAHGet Rating) last released its earnings results on Friday, October 28th. The business services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.22. Booz Allen Hamilton had a return on equity of 52.33% and a net margin of 6.00%. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same period in the prior year, the company earned $1.26 earnings per share. The company’s quarterly revenue was up 9.2% on a year-over-year basis. On average, analysts expect Booz Allen Hamilton to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Booz Allen Hamilton Stock Up 2.0 %

NYSE BAH opened at $96.20 on Wednesday. The business has a fifty day moving average price of $102.96 and a two-hundred day moving average price of $99.44. The company has a debt-to-equity ratio of 2.29, a current ratio of 1.81 and a quick ratio of 1.81. Booz Allen Hamilton has a fifty-two week low of $69.68 and a fifty-two week high of $112.55. The stock has a market capitalization of $12.72 billion, a PE ratio of 24.42, a PEG ratio of 2.41 and a beta of 0.65.

Booz Allen Hamilton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 2nd. Shareholders of record on Tuesday, November 15th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend was Monday, November 14th. Booz Allen Hamilton’s payout ratio is presently 43.65%.

Institutional Investors Weigh In On Booz Allen Hamilton

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Covestor Ltd increased its stake in Booz Allen Hamilton by 56.4% in the 1st quarter. Covestor Ltd now owns 1,445 shares of the business services provider’s stock valued at $127,000 after buying an additional 521 shares during the last quarter. Beacon Pointe Advisors LLC purchased a new stake in shares of Booz Allen Hamilton during the 1st quarter worth approximately $209,000. D.A. Davidson & CO. purchased a new stake in shares of Booz Allen Hamilton during the 1st quarter worth approximately $212,000. Prelude Capital Management LLC purchased a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $243,000. Finally, Federated Hermes Inc. purchased a new stake in shares of Booz Allen Hamilton during the 1st quarter worth approximately $244,000. Hedge funds and other institutional investors own 90.68% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. StockNews.com upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research note on Tuesday, January 10th. Morgan Stanley upped their price target on shares of Booz Allen Hamilton from $110.00 to $118.00 and gave the stock an “overweight” rating in a report on Tuesday, January 3rd. Wells Fargo & Company upped their price target on shares of Booz Allen Hamilton from $100.00 to $109.00 and gave the stock an “overweight” rating in a report on Monday, November 7th. Truist Financial upped their price target on shares of Booz Allen Hamilton from $100.00 to $106.00 and gave the stock a “hold” rating in a report on Monday, October 31st. Finally, Raymond James downgraded shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating and set a $99.00 price target for the company. in a report on Wednesday, October 19th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $103.00.

About Booz Allen Hamilton

(Get Rating)

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.

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Earnings History for Booz Allen Hamilton (NYSE:BAH)

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