Booz Allen Hamilton (NYSE:BAH) Stock Price Up 6.2% – Should You Buy?

Booz Allen Hamilton Holding Corporation (NYSE:BAH) was up 6.2% during trading on Thursday. The stock traded as high as $72.72 and last traded at $72.9550. Approximately 1,026,801 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 2,091,138 shares. The stock had previously closed at $68.69.

Analyst Ratings Changes

BAH has been the topic of several research analyst reports. UBS Group upped their target price on shares of Booz Allen Hamilton from $70.00 to $78.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Wall Street Zen raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating in a report on Saturday, October 3rd. Truist Financial upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and raised their target price for the stock from $70.00 to $85.00 in a report on Thursday. The Goldman Sachs Group cut their target price on shares of Booz Allen Hamilton from $74.00 to $65.00 and set a “sell” rating for the company in a research report on Tuesday, July 14th. Finally, Citigroup lowered their price target on Booz Allen Hamilton from $82.00 to $77.00 and set a “neutral” rating on the stock in a report on Wednesday. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $85.62.

Booz Allen Hamilton Stock Up 6.2%

The company’s 50-day moving average price is $74.26 and its 200 day moving average price is $74.10. The company has a debt-to-equity ratio of 3.26, a quick ratio of 1.59 and a current ratio of 1.60. The stock has a market cap of $8.78 billion, a PE ratio of 11.46, a price-to-earnings-growth ratio of 1.64 and a beta of 0.37.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Friday, July 24th. The business services provider reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.32. Booz Allen Hamilton had a net margin of 7.01% and a return on equity of 76.71%. The business had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $2.81 billion. During the same period in the prior year, the company earned $1.48 earnings per share. The firm’s revenue was down 4.2% on a year-over-year basis. Booz Allen Hamilton has set its FY 2027 guidance at 6.000-6.35 EPS. As a group, analysts forecast that Booz Allen Hamilton Holding Corporation will post 6.34 EPS for the current fiscal year.

Booz Allen Hamilton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Friday, August 14th. Booz Allen Hamilton’s dividend payout ratio (DPR) is currently 37.11%.

Institutional Trading of Booz Allen Hamilton

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Security National Bank of SO Dak boosted its holdings in shares of Booz Allen Hamilton by 0.8% in the second quarter. Security National Bank of SO Dak now owns 19,348 shares of the business services provider’s stock worth $1,174,000 after buying an additional 158 shares during the period. Versant Capital Management Inc boosted its stake in Booz Allen Hamilton by 30.8% in the 3rd quarter. Versant Capital Management Inc now owns 768 shares of the business services provider’s stock worth $53,000 after purchasing an additional 181 shares during the period. IFP Advisors Inc raised its stake in Booz Allen Hamilton by 24.8% during the 2nd quarter. IFP Advisors Inc now owns 1,377 shares of the business services provider’s stock valued at $84,000 after purchasing an additional 274 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of Booz Allen Hamilton by 8.0% in the second quarter. Sequoia Financial Advisors LLC now owns 4,003 shares of the business services provider’s stock valued at $243,000 after purchasing an additional 295 shares in the last quarter. Finally, Whetstone Capital Advisors LLC boosted its position in shares of Booz Allen Hamilton by 15.2% in the fourth quarter. Whetstone Capital Advisors LLC now owns 2,652 shares of the business services provider’s stock worth $224,000 after buying an additional 349 shares during the period. Hedge funds and other institutional investors own 91.82% of the company’s stock.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation is a management and technology consulting company that primarily serves the U.S. government, including defense, intelligence, civil, and health agencies. The company helps clients address complex national security, public-sector, and business challenges through consulting, engineering, technology integration, and mission-support services.

Its capabilities include artificial intelligence and data analytics, cybersecurity, digital transformation, cloud computing, systems engineering, software development, program management, and organizational strategy.