Booz Allen Hamilton Holding Co. (NYSE:BAH) Receives $158.27 Average Target Price from Brokerages

Booz Allen Hamilton Holding Co. (NYSE:BAH) has earned a consensus recommendation of “Moderate Buy” from the twelve analysts that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $158.27.

A number of equities analysts recently weighed in on the stock. UBS Group assumed coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price target on the stock. The Goldman Sachs Group dropped their price objective on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Truist Financial dropped their price objective on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. StockNews.com downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Finally, Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a report on Monday, February 3rd.

Booz Allen Hamilton Price Performance

Shares of NYSE:BAH opened at $108.40 on Tuesday. The company’s 50-day moving average is $125.87 and its 200 day moving average is $145.66. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The company has a market capitalization of $13.73 billion, a P/E ratio of 16.15, a price-to-earnings-growth ratio of 1.25 and a beta of 0.56. Booz Allen Hamilton has a fifty-two week low of $101.82 and a fifty-two week high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. On average, equities research analysts forecast that Booz Allen Hamilton will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. This represents a $2.20 annualized dividend and a dividend yield of 2.03%. Booz Allen Hamilton’s dividend payout ratio is currently 32.79%.

Institutional Investors Weigh In On Booz Allen Hamilton

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Peterson Financial Group Inc. bought a new position in shares of Booz Allen Hamilton in the third quarter worth approximately $31,000. Bogart Wealth LLC boosted its stake in Booz Allen Hamilton by 387.5% in the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after buying an additional 155 shares in the last quarter. OFI Invest Asset Management purchased a new stake in Booz Allen Hamilton in the fourth quarter worth approximately $25,000. EverSource Wealth Advisors LLC boosted its stake in Booz Allen Hamilton by 144.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after buying an additional 134 shares in the last quarter. Finally, SRS Capital Advisors Inc. boosted its stake in Booz Allen Hamilton by 3,314.3% in the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after buying an additional 232 shares in the last quarter. 91.82% of the stock is currently owned by institutional investors.

About Booz Allen Hamilton

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