Analysts expect Booz Allen Hamilton Holding Co. (NYSE:BAH) to post $1.64 billion in sales for the current quarter, Zacks Investment Research reports. Six analysts have provided estimates for Booz Allen Hamilton’s earnings. The lowest sales estimate is $1.62 billion and the highest is $1.69 billion. Booz Allen Hamilton posted sales of $1.54 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 6.5%. The business is expected to announce its next earnings report on Monday, November 5th.

On average, analysts expect that Booz Allen Hamilton will report full year sales of $6.63 billion for the current year, with estimates ranging from $6.56 billion to $6.69 billion. For the next fiscal year, analysts forecast that the company will post sales of $7.08 billion per share, with estimates ranging from $6.95 billion to $7.17 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that cover Booz Allen Hamilton.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Monday, July 30th. The business services provider reported $0.72 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.14. Booz Allen Hamilton had a net margin of 5.21% and a return on equity of 57.00%. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the prior year, the company posted $0.47 earnings per share. The firm’s revenue was up 8.1% on a year-over-year basis.

Several research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a report on Monday, July 16th. ValuEngine upgraded shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating in a report on Monday, June 18th. Bank of America increased their target price on shares of Booz Allen Hamilton from $40.00 to $47.00 and gave the stock a “hold” rating in a report on Friday, June 8th. Drexel Hamilton restated a “hold” rating on shares of Booz Allen Hamilton in a report on Monday, July 30th. Finally, Wells Fargo & Co increased their target price on shares of Booz Allen Hamilton from $48.00 to $50.00 and gave the stock an “outperform” rating in a report on Thursday, June 7th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $48.89.

Shares of BAH opened at $49.57 on Monday. Booz Allen Hamilton has a 12 month low of $35.21 and a 12 month high of $52.56. The firm has a market cap of $7.06 billion, a P/E ratio of 22.53, a price-to-earnings-growth ratio of 1.78 and a beta of 1.12. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 2.87.

The company also recently declared a quarterly dividend, which was paid on Friday, August 31st. Shareholders of record on Tuesday, August 14th were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date was Monday, August 13th. Booz Allen Hamilton’s dividend payout ratio is currently 37.81%.

In other Booz Allen Hamilton news, EVP Elizabeth M. Thompson sold 15,000 shares of the stock in a transaction on Thursday, August 2nd. The shares were sold at an average price of $47.49, for a total value of $712,350.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Kristine Anderson sold 20,000 shares of the stock in a transaction on Wednesday, September 5th. The shares were sold at an average price of $51.54, for a total transaction of $1,030,800.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 193,985 shares of company stock valued at $9,239,240. Corporate insiders own 3.56% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the business. Aperio Group LLC lifted its stake in shares of Booz Allen Hamilton by 14.2% during the 2nd quarter. Aperio Group LLC now owns 65,288 shares of the business services provider’s stock worth $2,855,000 after buying an additional 8,137 shares during the last quarter. Aureus Asset Management LLC lifted its stake in shares of Booz Allen Hamilton by 5.0% during the 2nd quarter. Aureus Asset Management LLC now owns 472,267 shares of the business services provider’s stock worth $20,652,000 after buying an additional 22,280 shares during the last quarter. HPM Partners LLC acquired a new stake in shares of Booz Allen Hamilton during the 2nd quarter worth about $390,000. Greenleaf Trust acquired a new stake in shares of Booz Allen Hamilton during the 2nd quarter worth about $215,000. Finally, Twin Tree Management LP acquired a new stake in shares of Booz Allen Hamilton during the 2nd quarter worth about $241,000. Hedge funds and other institutional investors own 94.35% of the company’s stock.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, 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.

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Earnings History and Estimates for Booz Allen Hamilton (NYSE:BAH)

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