Booz Allen Hamilton (NYSE:BAH) PT Raised to $153.00

Booz Allen Hamilton (NYSE:BAHGet Free Report) had its price target raised by equities researchers at Barclays from $135.00 to $153.00 in a research report issued on Wednesday, Benzinga reports. The firm presently has an “underweight” rating on the business services provider’s stock. Barclays‘s price target indicates a potential upside of 0.83% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. boosted their price target on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th. Truist Financial boosted their price target on Booz Allen Hamilton from $145.00 to $160.00 and gave the stock a “hold” rating in a report on Tuesday. TD Cowen boosted their price target on Booz Allen Hamilton from $158.00 to $177.00 and gave the stock a “buy” rating in a report on Tuesday. Wells Fargo & Company boosted their price target on Booz Allen Hamilton from $158.00 to $169.00 and gave the stock an “equal weight” rating in a report on Tuesday. Finally, Jefferies Financial Group upped their target price on Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of “Hold” and an average price target of $159.78.

View Our Latest Report on BAH

Booz Allen Hamilton Stock Down 1.7 %

BAH opened at $151.74 on Wednesday. The company has a debt-to-equity ratio of 3.20, a current ratio of 1.62 and a quick ratio of 1.68. The business has a 50 day simple moving average of $148.44 and a 200-day simple moving average of $139.65. The stock has a market capitalization of $19.62 billion, a P/E ratio of 32.99, a P/E/G ratio of 1.89 and a beta of 0.53. Booz Allen Hamilton has a 12 month low of $96.10 and a 12 month high of $164.43.

Booz Allen Hamilton (NYSE:BAHGet Free Report) last issued its quarterly earnings data on Friday, May 24th. The business services provider reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.10. The firm had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.71 billion. Booz Allen Hamilton had a return on equity of 68.12% and a net margin of 5.68%. Booz Allen Hamilton’s revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.01 earnings per share. On average, equities analysts anticipate that Booz Allen Hamilton will post 5.99 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Richard Crowe sold 180 shares of the business’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $27,747.00. Following the transaction, the executive vice president now owns 17,486 shares in the company, valued at $2,695,466.90. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, EVP Richard Crowe sold 180 shares of the business’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $27,747.00. Following the transaction, the executive vice president now owns 17,486 shares in the company, valued at $2,695,466.90. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Matthew Calderone sold 1,500 shares of the business’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $146.51, for a total value of $219,765.00. Following the completion of the transaction, the chief financial officer now owns 25,462 shares in the company, valued at approximately $3,730,437.62. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 40,227 shares of company stock worth $6,189,532. 1.76% of the stock is currently owned by corporate insiders.

Institutional Trading of Booz Allen Hamilton

A number of institutional investors and hedge funds have recently made changes to their positions in BAH. VisionPoint Advisory Group LLC raised its position in shares of Booz Allen Hamilton by 75.6% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 274 shares of the business services provider’s stock worth $30,000 after purchasing an additional 118 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Booz Allen Hamilton during the 3rd quarter worth approximately $31,000. Banque Cantonale Vaudoise raised its position in shares of Booz Allen Hamilton by 112.4% during the 1st quarter. Banque Cantonale Vaudoise now owns 206 shares of the business services provider’s stock worth $31,000 after purchasing an additional 109 shares during the period. Smithfield Trust Co raised its position in shares of Booz Allen Hamilton by 87.7% during the 4th quarter. Smithfield Trust Co now owns 259 shares of the business services provider’s stock worth $34,000 after purchasing an additional 121 shares during the period. Finally, MCF Advisors LLC raised its position in shares of Booz Allen Hamilton by 103.6% during the 1st quarter. MCF Advisors LLC now owns 226 shares of the business services provider’s stock worth $34,000 after purchasing an additional 115 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

About Booz Allen Hamilton

(Get Free Report)

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. It also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.

Featured Articles

Analyst Recommendations for Booz Allen Hamilton (NYSE:BAH)

Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.