Booz Allen Hamilton Holding Co. (NYSE:BAH) – Investment analysts at William Blair increased their Q3 2018 EPS estimates for shares of Booz Allen Hamilton in a research note issued on Monday. William Blair analyst T. Mchugh now anticipates that the business services provider will post earnings per share of $0.48 for the quarter, up from their previous forecast of $0.40. William Blair also issued estimates for Booz Allen Hamilton’s FY2018 earnings at $1.94 EPS, Q1 2019 earnings at $0.63 EPS, Q3 2019 earnings at $0.54 EPS and Q4 2019 earnings at $0.59 EPS.

Booz Allen Hamilton (NYSE:BAH) last released its quarterly earnings results on Monday, February 5th. The business services provider reported $0.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.05. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.52 billion. Booz Allen Hamilton had a return on equity of 50.69% and a net margin of 4.68%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.38 earnings per share.

A number of other brokerages have also recently issued reports on BAH. Cowen reiterated a “buy” rating and set a $50.00 price objective (up previously from $41.00) on shares of Booz Allen Hamilton in a research note on Thursday, October 12th. 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 research note on Wednesday, November 8th. ValuEngine cut Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. SunTrust Banks initiated coverage on Booz Allen Hamilton in a research note on Friday, December 1st. They set a “buy” rating and a $47.00 price objective for the company. Finally, Stifel Nicolaus initiated coverage on Booz Allen Hamilton in a research note on Tuesday, November 21st. They set a “buy” rating and a $46.00 price objective for the company. Six equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Booz Allen Hamilton presently has a consensus rating of “Buy” and an average price target of $41.32.

Booz Allen Hamilton (NYSE:BAH) opened at $36.40 on Tuesday. The stock has a market capitalization of $5,329.60, a price-to-earnings ratio of 18.81, a price-to-earnings-growth ratio of 2.26 and a beta of 1.30. Booz Allen Hamilton has a one year low of $31.06 and a one year high of $40.25. The company has a debt-to-equity ratio of 3.33, a quick ratio of 1.49 and a current ratio of 1.49.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $0.76 annualized dividend and a dividend yield of 2.09%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.17. Booz Allen Hamilton’s payout ratio is currently 35.60%.

In related news, CFO Lloyd Howell, Jr. sold 22,624 shares of the company’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $40.25, for a total transaction of $910,616.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Karen M. Dahut sold 14,113 shares of the company’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $40.03, for a total value of $564,943.39. The disclosure for this sale can be found here. Insiders sold 182,135 shares of company stock valued at $7,226,660 in the last 90 days. Company insiders own 3.04% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Advisor Group Inc. increased its position in Booz Allen Hamilton by 13.1% during the second quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock valued at $113,000 after acquiring an additional 405 shares during the last quarter. Cerebellum GP LLC purchased a new stake in Booz Allen Hamilton during the fourth quarter valued at $126,000. The Manufacturers Life Insurance Company increased its position in Booz Allen Hamilton by 8.2% during the second quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock valued at $150,000 after acquiring an additional 347 shares during the last quarter. Tudor Investment Corp ET AL purchased a new stake in Booz Allen Hamilton during the second quarter valued at $206,000. Finally, Camelot Portfolios LLC bought a new stake in Booz Allen Hamilton during the fourth quarter valued at about $220,000. Institutional investors own 92.70% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Booz Allen Hamilton Holding Co. (BAH) to Post Q3 2018 Earnings of $0.48 Per Share, William Blair Forecasts” was published by Watch List News and is owned by of Watch List News. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://www.watchlistnews.com/booz-allen-hamilton-holding-co-bah-to-post-q3-2018-earnings-of-0-48-per-share-william-blair-forecasts/1850355.html.

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.

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

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.