Equities research analysts predict that Booz Allen Hamilton Holding Co. (NYSE:BAH – Get Rating) will announce $0.83 earnings per share for the current fiscal quarter, Zacks reports. Seven analysts have provided estimates for Booz Allen Hamilton’s earnings, with the highest EPS estimate coming in at $0.90 and the lowest estimate coming in at $0.75. Booz Allen Hamilton posted earnings per share of $0.89 in the same quarter last year, which would suggest a negative year-over-year growth rate of 6.7%. The business is scheduled to issue its next quarterly earnings results before the market opens on Monday, January 1st.
According to Zacks, analysts expect that Booz Allen Hamilton will report full year earnings of $4.18 per share for the current year, with EPS estimates ranging from $4.10 to $4.25. For the next year, analysts forecast that the business will post earnings of $4.51 per share, with EPS estimates ranging from $4.04 to $4.80. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that follow Booz Allen Hamilton.
A number of brokerages have recently commented on BAH. Barclays raised shares of Booz Allen Hamilton from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $90.00 to $105.00 in a research note on Monday, January 24th. StockNews.com initiated coverage on Booz Allen Hamilton in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Wells Fargo & Company increased their target price on Booz Allen Hamilton from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, March 24th. Stifel Nicolaus began coverage on Booz Allen Hamilton in a research report on Thursday, March 17th. They set a “buy” rating and a $96.00 price target on the stock. Finally, Bank of America upgraded shares of Booz Allen Hamilton from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $80.00 to $90.00 in a research note on Friday, March 11th. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $96.70.
A number of hedge funds have recently modified their holdings of BAH. First Horizon Advisors Inc. lifted its holdings in shares of Booz Allen Hamilton by 67.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 830 shares of the business services provider’s stock worth $90,000 after purchasing an additional 335 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Booz Allen Hamilton by 9.9% during the third quarter. Principal Financial Group Inc. now owns 61,909 shares of the business services provider’s stock valued at $4,913,000 after acquiring an additional 5,586 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Booz Allen Hamilton by 179.7% during the third quarter. Geneos Wealth Management Inc. now owns 11,335 shares of the business services provider’s stock worth $916,000 after acquiring an additional 7,282 shares during the last quarter. Lord Abbett & CO. LLC increased its holdings in shares of Booz Allen Hamilton by 6.5% in the 3rd quarter. Lord Abbett & CO. LLC now owns 410,326 shares of the business services provider’s stock worth $32,559,000 after acquiring an additional 25,033 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in Booz Allen Hamilton by 22.4% during the 3rd quarter. Alliancebernstein L.P. now owns 2,182,864 shares of the business services provider’s stock valued at $173,210,000 after purchasing an additional 399,748 shares during the period. Institutional investors own 90.44% of the company’s stock.
NYSE BAH opened at $80.53 on Friday. The firm has a market capitalization of $10.73 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 2.36 and a beta of 0.72. The company has a debt-to-equity ratio of 2.56, a quick ratio of 1.69 and a current ratio of 1.69. Booz Allen Hamilton has a one year low of $69.68 and a one year high of $91.46. The company’s 50 day moving average price is $85.96 and its 200 day moving average price is $84.17.
About Booz Allen Hamilton (Get Rating)
Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital, mission operations, and cyber solutions 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.
- Get a free copy of the StockNews.com research report on Booz Allen Hamilton (BAH)
- The Three Most Upgraded Stocks You Can Buy Now
- MarketBeat: Week in Review 5/9 – 5/13
- Is Electronic Arts (NASDAQ: EA) Suddenly A Safe Haven?
- Beyond Meat Stock Value is Improving
- The Travel Sector Is Getting Upgraded
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.