Booz Allen Hamilton (BAH) Issues FY 2019 Earnings Guidance

Booz Allen Hamilton (NYSE:BAH) updated its FY 2019 earnings guidance on Monday. The company provided EPS guidance of $2.55-2.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.50. Booz Allen Hamilton also updated its FY19 guidance to $2.55-2.65 EPS.

Several research firms have weighed in on BAH. Credit Suisse Group raised their price target on Booz Allen Hamilton from $53.00 to $56.00 and gave the stock an outperform rating in a research report on Tuesday. Wells Fargo & Co raised their price target on Booz Allen Hamilton from $50.00 to $55.00 and gave the stock an outperform rating in a research report on Tuesday. Citigroup raised their price target on Booz Allen Hamilton from $46.00 to $52.00 and gave the stock a neutral rating in a research report on Tuesday. Zacks Investment Research raised Booz Allen Hamilton from a hold rating to a buy rating and set a $55.00 price target for the company in a research report on Wednesday, August 15th. Finally, Raymond James raised Booz Allen Hamilton from a market perform rating to an outperform rating in a research report on Tuesday, July 31st. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Booz Allen Hamilton currently has a consensus rating of Buy and an average price target of $52.89.

BAH stock opened at $48.06 on Wednesday. Booz Allen Hamilton has a 52-week low of $35.21 and a 52-week high of $52.56. The company has a debt-to-equity ratio of 2.87, a quick ratio of 1.48 and a current ratio of 1.48. The firm has a market cap of $6.67 billion, a PE ratio of 23.91, a price-to-earnings-growth ratio of 1.75 and a beta of 1.17.



Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Monday, October 29th. The business services provider reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.08. Booz Allen Hamilton had a return on equity of 60.56% and a net margin of 5.50%. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter last year, the firm earned $0.50 earnings per share. The business’s revenue was up 4.6% on a year-over-year basis. As a group, equities research analysts predict that Booz Allen Hamilton will post 2.6 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 30th. Stockholders of record on Wednesday, November 14th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Tuesday, November 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is 37.81%.

In other news, EVP Elizabeth M. Thompson sold 15,000 shares of the firm’s stock in a transaction on Thursday, August 2nd. The stock was sold at an average price of $47.49, for a total transaction of $712,350.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Ralph W. Shrader sold 30,000 shares of the firm’s stock in a transaction on Thursday, August 2nd. The stock was sold at an average price of $47.19, for a total value of $1,415,700.00. The disclosure for this sale can be found here. Insiders have sold 103,985 shares of company stock worth $5,140,940 in the last 90 days. Insiders own 3.56% of the company’s stock.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.

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Earnings History and Estimates for Booz Allen Hamilton (NYSE:BAH)

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