Analysts at Stifel Nicolaus began coverage on shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) in a research report issued to clients and investors on Tuesday. The brokerage set a “buy” rating and a $46.00 price target on the business services provider’s stock. Stifel Nicolaus’ price objective would indicate a potential upside of 22.83% from the stock’s current price.

Several other research firms have also issued reports on BAH. Cowen and Company restated a “buy” rating and issued a $50.00 target price (up previously from $41.00) on shares of Booz Allen Hamilton Holding Corporation in a report on Thursday, October 12th. Zacks Investment Research upgraded shares of Booz Allen Hamilton Holding Corporation from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Wednesday, November 8th. BidaskClub lowered shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. ValuEngine lowered shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. Finally, Wells Fargo & Company boosted their target price on shares of Booz Allen Hamilton Holding Corporation from $40.00 to $42.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. Six investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $40.35.

Booz Allen Hamilton Holding Corporation (NYSE BAH) opened at $37.45 on Tuesday. The stock has a market cap of $5,505.86, a price-to-earnings ratio of 20.52, a P/E/G ratio of 2.34 and a beta of 1.28. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.33. Booz Allen Hamilton Holding Corporation has a fifty-two week low of $31.06 and a fifty-two week high of $39.67.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last released its earnings results on Monday, November 6th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.02. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.50 billion. Booz Allen Hamilton Holding Corporation had a net margin of 4.52% and a return on equity of 48.30%. Booz Allen Hamilton Holding Corporation’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 earnings per share. equities analysts expect that Booz Allen Hamilton Holding Corporation will post 1.92 EPS for the current year.

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In other news, insider Horacio Rozanski sold 30,000 shares of the business’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $36.01, for a total transaction of $1,080,300.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Elizabeth M. Thompson sold 10,000 shares of the business’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $33.77, for a total transaction of $337,700.00. The disclosure for this sale can be found here. Insiders have sold 114,407 shares of company stock worth $4,209,710 in the last quarter. Company insiders own 3.04% of the company’s stock.

Several large investors have recently bought and sold shares of the company. GSA Capital Partners LLP increased its position in shares of Booz Allen Hamilton Holding Corporation by 10.7% during the third quarter. GSA Capital Partners LLP now owns 25,267 shares of the business services provider’s stock worth $945,000 after acquiring an additional 2,435 shares in the last quarter. Piedmont Investment Advisors LLC bought a new stake in shares of Booz Allen Hamilton Holding Corporation during the third quarter worth about $1,176,000. California Public Employees Retirement System increased its position in shares of Booz Allen Hamilton Holding Corporation by 6.2% during the third quarter. California Public Employees Retirement System now owns 432,540 shares of the business services provider’s stock worth $16,173,000 after acquiring an additional 25,440 shares in the last quarter. Highbridge Capital Management LLC bought a new stake in shares of Booz Allen Hamilton Holding Corporation during the third quarter worth about $737,000. Finally, Jane Street Group LLC bought a new stake in shares of Booz Allen Hamilton Holding Corporation during the third quarter worth about $473,000. 95.64% of the stock is owned by institutional investors.

Booz Allen Hamilton Holding Corporation Company Profile

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 Holding Corporation (NYSE:BAH)

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