Booz Allen Hamilton Holding Co. (BAH) to Post Q3 2018 Earnings of $0.48 Per Share, William Blair Forecasts
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.
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.
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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.
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