Booz Allen Hamilton (NYSE:BAH) Downgraded to “Market Perform” Rating by William Blair

Booz Allen Hamilton (NYSE:BAH) was downgraded by equities research analysts at William Blair from an “outperform” rating to a “market perform” rating in a research report issued on Friday, MarketBeat reports.

Several other brokerages have also commented on BAH. TD Cowen cut their price target on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price for the company in a report on Monday, February 3rd. Jefferies Financial Group lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and upped their target price for the stock from $180.00 to $190.00 in a report on Monday, November 4th. StockNews.com lowered shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Finally, Cantor Fitzgerald initiated coverage on shares of Booz Allen Hamilton in a report on Friday, February 7th. They set an “overweight” rating and a $160.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Booz Allen Hamilton presently has an average rating of “Hold” and a consensus price target of $158.91.

Booz Allen Hamilton Price Performance

Shares of NYSE BAH opened at $112.27 on Friday. The firm has a market cap of $14.22 billion, a PE ratio of 16.73, a PEG ratio of 1.26 and a beta of 0.55. The firm has a fifty day moving average of $129.46 and a 200 day moving average of $147.77. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. Booz Allen Hamilton has a one year low of $106.69 and a one year 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 EPS for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. As a group, research analysts predict that Booz Allen Hamilton will post 6.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BAH. Bogart Wealth LLC lifted its position in shares of Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares in the last quarter. OFI Invest Asset Management acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its position in shares of Booz Allen Hamilton by 144.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider’s stock worth $29,000 after purchasing an additional 134 shares in the last quarter. Peterson Financial Group Inc. acquired a new stake in shares of Booz Allen Hamilton during the third quarter worth about $31,000. Finally, R Squared Ltd acquired a new stake in shares of Booz Allen Hamilton during the fourth quarter worth about $31,000. Institutional investors and hedge funds own 91.82% of the company’s stock.

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.