$ 0.96 EPS expected for Booz Allen Hamilton Holding Co. (NYSE: BAH) this quarter

Analysts expect Booz Allen Hamilton Holding Co. (NYSE: BAH) to report earnings of $ 0.96 per share for the current quarter, Zacks investment research reports. Five analysts have released earnings estimates for Booz Allen Hamilton. The lowest EPS estimate is $ 0.90 and the highest is $ 1.02. Booz Allen Hamilton reported earnings per share of $ 0.93 in the same quarter last year, which would suggest a positive year-over-year growth rate of 3.2%. The company is expected to publish its next results on Friday, July 30.

On average, analysts expect Booz Allen Hamilton to report annual earnings of $ 4.16 per share for the current fiscal year, with EPS estimates ranging from $ 4.00 to $ 4.30. For the next fiscal year, analysts expect the company to report earnings of $ 4.56 per share, with EPS estimates ranging from $ 4.22 to $ 4.75. Zacks Investment Research earnings per share averages are an average based on a survey of sales analysts who cover Booz Allen Hamilton.

Booz Allen Hamilton (NYSE: BAH) last released his results on Thursday, May 20. The business services provider reported EPS of $ 0.89 for the quarter, beating analyst consensus estimates of $ 0.83 by $ 0.06. Booz Allen Hamilton had a net margin of 7.75% and a return on equity of 54.17%. The company posted revenue of $ 1.98 billion for the quarter, compared to a consensus estimate of $ 2 billion. In the same quarter of last year, the company posted $ 0.73 in EPS. The company’s revenue for the quarter increased 0.5% year-over-year.

Several equity research analysts recently commented on the stock. Barclays raised its target price for Booz Allen Hamilton stock from $ 78.00 to $ 85 and gave the stock an “equal weight” rating in a report released on Wednesday, May 12. Morgan Stanley lowered its price target for Booz Allen Hamilton stock from $ 98.00 to $ 90.00 and set an “overweight” rating on the stock in a research report released Thursday, February 25. Zacks investment research raised Booz Allen Hamilton’s stock from a “sell” rating to a “keep” rating and set a price target of $ 90.00 on the stock in a research report released on Tuesday, May 25. Finally, Wells Fargo & Company assumed coverage of Booz Allen Hamilton’s shares in a research note on Tuesday, May 18. They issued an “overweight” rating and a target price of $ 96.00 on the stock. Five research analysts rated the stock with a conservation rating and five gave the stock a buy rating. Booz Allen Hamilton currently has a consensus rating of “Buy” and an average target price of $ 89.

Hedge funds and other institutional investors have recently changed their positions in the company. Black Creek Investment Management Inc. increased its position in Booz Allen Hamilton by 74.8% in the 1st quarter. Black Creek Investment Management Inc. now owns 5,173,931 shares of the business services provider valued at $ 416,657,000 after purchasing an additional 2,213,285 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Booz Allen Hamilton by 14.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 15,222,125 shares of the business services provider valued at $ 1,327,065,000 after purchasing an additional 1,921,940 shares in the last quarter. Norges Bank acquired a new stake in Booz Allen Hamilton during the 4th quarter for a value of $ 118,101,000. Teacher Retirement System of Texas increased its stake in Booz Allen Hamilton shares by 545.5% in the 1st quarter. Teacher Retirement System of Texas now owns 1,057,613 shares of the business service provider valued at $ 85,170,000 after purchasing an additional 893,763 shares during the period. Finally, Eaton Vance Management increased its stake in Booz Allen Hamilton shares by 258.7% in the first quarter. Eaton Vance Management now owns 620,353 shares of the business service provider valued at $ 49,957,000 after purchasing an additional 447,419 shares during the period. 87.32% of the shares are held by institutional investors and hedge funds.

Actions of NYSE BAH open for $ 86.25 Wednesday. The company has a debt ratio of 2.13, a rapid ratio of 1.99, and a current ratio of 2.04. The company’s 50-day simple moving average is $ 83.56. Booz Allen Hamilton has a 12-month low of $ 70.11 and a 12-month high of $ 100.26. The company has a market cap of $ 11.68 billion, a PE ratio of 19.78, a price-to-earnings growth ratio of 1.93, and a beta of 0.73.

The company also recently unveiled a quarterly dividend, which will be paid on Wednesday, June 30. Shareholders of record on Tuesday, June 15 will receive a dividend of $ 0.37. The ex-dividend date is Monday June 14. This represents an annualized dividend of $ 1.48 and a dividend yield of 1.72%. Booz Allen Hamilton’s dividend payout ratio (DPR) is 37.95%.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital, mission operations and cyber solutions services to governments, businesses and non-profit organizations in states -United and around the world. The company offers consulting solutions for various fields, business strategies, human capital and operations.

Further reading: market indices

Get a Free Copy of Zacks’ Research Report on Booz Allen Hamilton (BAH)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

This instant news alert was powered by narrative science technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Featured article: How does the quiet period work?

7 semiconductor stocks poised to benefit from chip shortage

Who knew that something so small could create such a big problem? However, this is the case with the semiconductor industry. Chipmakers face supply chain disruptions due to the Covid-19 pandemic.

Semiconductors are in high demand by large tech companies who need chips to power their data center servers. But they are also needed for much of the technology we take for granted, including laptops, tablets, cellphones, game consoles, and automobiles – a sector that appears to be the source of the crisis. current.

Any weekend mechanic knows that even traditional internal combustion cars rely heavily on electronics. In fact, electronic parts and components make up 40% of a new internal combustion vehicle. This has more than doubled since 2000.

However, it turns out that some manufacturers may have overestimated how long consumers would be ready for an “all-electric” future. And that meant they hadn’t anticipated the scale of demand for the kind of chips needed to perform the mundane but vital tasks of steering, braking, and even turning on and lowering windows.

Part of the problem is that American companies rely heavily on countries like China and Taiwan for their semiconductors. In fact, only about 12.5% ​​of semiconductor manufacturing is done in the United States.

Of course, this creates a tremendous opportunity for the companies that make these chips. And it comes at the right time. The semiconductor industry is notoriously cyclical and was coming back down from high demand for building 5G.

In this special presentation, we’ll give you a list of seven semiconductor companies you can invest in to take advantage of this opportunity.

Check out the “7 Semiconductor Stocks That Should Benefit From the Chip Shortage.”