Booz Allen Hamilton (NYSE:BAH) PT Raised to $185.00

Booz Allen Hamilton (NYSE:BAHGet Free Report) had its price objective raised by investment analysts at Jefferies Financial Group from $180.00 to $185.00 in a report issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the business services provider’s stock. Jefferies Financial Group’s price target would indicate a potential upside of 19.79% from the company’s current price.

Other equities analysts have also issued research reports about the company. Wells Fargo & Company raised their price target on Booz Allen Hamilton from $158.00 to $169.00 and gave the company an “equal weight” rating in a research note on Tuesday. Truist Financial lifted their price objective on shares of Booz Allen Hamilton from $145.00 to $160.00 and gave the company a “hold” rating in a report on Tuesday. JPMorgan Chase & Co. upped their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th. Barclays lifted their price target on Booz Allen Hamilton from $135.00 to $153.00 and gave the company an “underweight” rating in a report on Wednesday. Finally, TD Cowen raised their price objective on Booz Allen Hamilton from $158.00 to $177.00 and gave the company a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $159.78.

Read Our Latest Stock Report on Booz Allen Hamilton

Booz Allen Hamilton Trading Down 0.1 %

NYSE:BAH traded down $0.16 during mid-day trading on Wednesday, hitting $154.44. 670,694 shares of the stock traded hands, compared to its average volume of 648,775. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10. The stock has a market capitalization of $19.97 billion, a price-to-earnings ratio of 33.62, a PEG ratio of 1.97 and a beta of 0.53. Booz Allen Hamilton has a 52 week low of $96.10 and a 52 week high of $164.43. The firm’s 50 day moving average is $148.29 and its two-hundred day moving average is $139.55.

Booz Allen Hamilton (NYSE:BAHGet Free Report) last released its earnings results on Friday, May 24th. The business services provider reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.10. The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. Booz Allen Hamilton had a return on equity of 67.92% and a net margin of 5.68%. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period last year, the company earned $1.01 earnings per share. On average, equities research analysts predict that Booz Allen Hamilton will post 5.89 earnings per share for the current year.

Insider Transactions at Booz Allen Hamilton

In other news, CEO Horacio Rozanski sold 34,571 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total value of $5,329,119.65. Following the completion of the transaction, the chief executive officer now directly owns 579,025 shares in the company, valued at $89,256,703.75. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CEO Horacio Rozanski sold 34,571 shares of the business’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total transaction of $5,329,119.65. Following the completion of the transaction, the chief executive officer now directly owns 579,025 shares in the company, valued at $89,256,703.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Matthew Calderone sold 1,500 shares of Booz Allen Hamilton stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $146.51, for a total value of $219,765.00. Following the transaction, the chief financial officer now owns 25,462 shares of the company’s stock, valued at approximately $3,730,437.62. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 40,227 shares of company stock worth $6,189,532. Company insiders own 1.76% of the company’s stock.

Institutional Investors Weigh In On Booz Allen Hamilton

Several hedge funds have recently modified their holdings of BAH. Principal Financial Group Inc. increased its stake in Booz Allen Hamilton by 2.3% during the 3rd quarter. Principal Financial Group Inc. now owns 38,129 shares of the business services provider’s stock worth $4,166,000 after buying an additional 859 shares in the last quarter. Lincoln National Corp raised its position in shares of Booz Allen Hamilton by 6.1% in the third quarter. Lincoln National Corp now owns 5,256 shares of the business services provider’s stock valued at $574,000 after buying an additional 302 shares during the last quarter. Schechter Investment Advisors LLC lifted its stake in shares of Booz Allen Hamilton by 16.5% in the third quarter. Schechter Investment Advisors LLC now owns 2,176 shares of the business services provider’s stock worth $238,000 after buying an additional 308 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new position in Booz Allen Hamilton during the third quarter worth about $71,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its stake in Booz Allen Hamilton by 9.1% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 53,807 shares of the business services provider’s stock valued at $5,879,000 after acquiring an additional 4,504 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.

Booz Allen Hamilton Company Profile

(Get Free Report)

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.

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Analyst Recommendations for Booz Allen Hamilton (NYSE:BAH)

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