Brokerages expect Booz Allen Hamilton Holding Co. (NYSE: BAH) to report $ 2.02 billion in revenue for the current quarter, according to Zacks investment research. Five analysts have provided earnings estimates for Booz Allen Hamilton, with estimates ranging from $ 1.99 billion to $ 2.07 billion. Booz Allen Hamilton posted sales of $ 1.96 billion in the same quarter last year, which would indicate a positive growth rate of 3.1% year-over-year. The company is expected to release its next quarterly earnings report on Friday, July 30.
Zacks says analysts expect Booz Allen Hamilton to report annual revenue of $ 8.51 billion for the current fiscal year, with estimates ranging from $ 8.38 billion to $ 8.58 billion . For the next fiscal year, analysts predict the company will post revenue of $ 9.02 billion, with estimates ranging from $ 8.84 billion to $ 9.17 billion. Zacks’ sales calculations are an average based on a survey of analysts who follow Booz Allen Hamilton.
Booz Allen Hamilton (NYSE: BAH) last released his results on Thursday, May 20. The business services provider reported earnings per share of $ 0.89 for the quarter, beating Thomson Reuters’ consensus estimate of $ 0.83 of $ 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 in the quarter, compared to a consensus estimate of $ 2 billion. In the same quarter of last year, the company achieved EPS of $ 0.73. The company’s revenue for the quarter increased 0.5% year-over-year.
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Several research companies have recently published reports on BAH. Barclays raised its price target for Booz Allen Hamilton stock from $ 78.00 to $ 85 and gave the stock an “equal weight” rating in a research report published on Wednesday, May 12. Morgan Stanley raised its price target for Booz Allen Hamilton stock from $ 90.00 to $ 94.00 and rated the company “overweight” in a research report released Wednesday. Zacks investment research raised Booz Allen Hamilton’s stock from a âsellâ rating to a âkeepâ rating and set a price target of $ 90.00 for the company in a research report released on Tuesday, May 25. Finally, Wells Fargo & Company launched coverage on Booz Allen Hamilton shares in a research report on Tuesday, May 18. They issued an “overweight” rating and a price target of $ 96.00 for the company. Five equity research analysts rated the stock with a conservation rating and five gave the company a buy rating. The stock currently has a consensus rating of “Buy” and an average target price of $ 89.57.
Hedge funds and other institutional investors recently bought and sold shares in the company. Perpetual Investment Management Ltd increased its stake in Booz Allen Hamilton by 51.9% in the first quarter. Perpetual Investment Management Ltd now owns 202,027 shares of the business services provider valued at $ 16,310,000 after purchasing an additional 69,040 shares during the period. Kiwi Wealth Investments Limited Partnership increased its stake in Booz Allen Hamilton by 9.7% in the fourth quarter. Kiwi Wealth Investments Limited Partnership now owns 39,735 shares of the business services provider valued at $ 3,464,000 after purchasing an additional 3,510 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in Booz Allen Hamilton shares by 4.2% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 30,646 shares of the business services provider valued at $ 2,468,000 after acquiring an additional 1,226 shares during the period. GSB Wealth Management LLC acquired a new position in Booz Allen Hamilton shares during the first quarter valued at approximately $ 1,093,000. Finally, Amundi Pioneer Asset Management Inc. increased its stake in Booz Allen Hamilton shares by 2.5% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 964,132 shares of the business service provider for a value of $ 84,067,000 after acquiring 23,878 additional shares during the period. Institutional investors hold 87.32% of the shares of the company.
Stock Booz Allen Hamilton opened at $ 88.21 on Friday. The stock has a market cap of $ 11.94 billion, a PE ratio of 20.23, a P / E / G ratio of 1.95 and a beta of 0.73. The fifty-day moving average share price is $ 83.83. Booz Allen Hamilton has a 12-month low of $ 70.11 and a 12-month high of $ 100.26. The company has a current ratio of 2.04, a rapid ratio of 2.04, and a debt ratio of 2.13.
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 a dividend of $ 1.48 on an annualized basis and a return of 1.68%. Booz Allen Hamilton’s dividend payout ratio is currently 37.95%.
Company Profile Booz Allen Hamilton
Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital, mission operations and cybersolutions consulting services to governments, businesses and non-profit organizations in the United States. United and in the world. The company offers consulting solutions for various fields, business strategies, human capital and operations.
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