Stifel Nicolaus reaffirmed their buy rating on shares of Booz Allen Hamilton (NYSE:BAH) in a report issued on Tuesday. Stifel Nicolaus currently has a $50.00 price objective on the business services provider’s stock.

A number of other equities research analysts have also recently issued reports on the company. SunTrust Banks assumed coverage on Booz Allen Hamilton in a report on Friday, December 1st. They set a buy rating and a $47.00 price objective for the company. Zacks Investment Research upgraded Booz Allen Hamilton from a hold rating to a buy rating and set a $42.00 price objective for the company in a report on Wednesday, November 8th. Jefferies Group upgraded Booz Allen Hamilton from a hold rating to a buy rating in a report on Tuesday, November 7th. ValuEngine cut Booz Allen Hamilton from a buy rating to a hold rating in a report on Saturday, November 4th. Finally, Wells Fargo & Co boosted their price objective on Booz Allen Hamilton from $40.00 to $42.00 and gave the stock an outperform rating in a report on Wednesday, October 25th. Six research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Booz Allen Hamilton has an average rating of Buy and a consensus price target of $41.32.

Booz Allen Hamilton (NYSE BAH) traded up $0.17 during trading on Tuesday, reaching $39.17. The company had a trading volume of 524,618 shares, compared to its average volume of 860,300. Booz Allen Hamilton has a fifty-two week low of $31.06 and a fifty-two week high of $39.67. The company has a debt-to-equity ratio of 3.33, a current ratio of 1.49 and a quick ratio of 1.49. The company has a market capitalization of $5,710.00, a PE ratio of 21.76, a P/E/G ratio of 2.36 and a beta of 1.28.

Booz Allen Hamilton (NYSE:BAH) last issued its quarterly earnings data on Monday, November 6th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Booz Allen Hamilton had a return on equity of 48.30% and a net margin of 4.52%. The company had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the previous year, the company posted $0.46 earnings per share. The business’s revenue was up 10.6% on a year-over-year basis. sell-side analysts anticipate that Booz Allen Hamilton will post 1.92 earnings per share for the current year.

In other news, insider Susan L. Penfield sold 30,022 shares of Booz Allen Hamilton stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $38.31, for a total value of $1,150,142.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.04% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Booz Allen Hamilton by 1.6% in the second quarter. Vanguard Group Inc. now owns 14,773,125 shares of the business services provider’s stock valued at $480,717,000 after buying an additional 238,715 shares in the last quarter. BlackRock Inc. raised its position in shares of Booz Allen Hamilton by 3.5% in the second quarter. BlackRock Inc. now owns 8,513,954 shares of the business services provider’s stock valued at $277,044,000 after buying an additional 286,535 shares in the last quarter. Findlay Park Partners LLP raised its position in shares of Booz Allen Hamilton by 51.7% in the second quarter. Findlay Park Partners LLP now owns 3,700,000 shares of the business services provider’s stock valued at $120,398,000 after buying an additional 1,261,292 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Booz Allen Hamilton by 7.4% in the third quarter. Ameriprise Financial Inc. now owns 3,655,953 shares of the business services provider’s stock valued at $136,676,000 after buying an additional 250,461 shares in the last quarter. Finally, Citadel Advisors LLC raised its position in shares of Booz Allen Hamilton by 120.4% in the third quarter. Citadel Advisors LLC now owns 2,877,330 shares of the business services provider’s stock valued at $107,583,000 after buying an additional 1,571,542 shares in the last quarter. Institutional investors own 92.81% of the company’s stock.

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About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.

Analyst Recommendations for Booz Allen Hamilton (NYSE:BAH)

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