Research Analysts Set Expectations for Booz Allen Hamilton Holding Co.’s FY2019 Earnings (BAH)

Booz Allen Hamilton Holding Co. (NYSE:BAH) – Research analysts at Jefferies Financial Group increased their FY2019 earnings estimates for Booz Allen Hamilton in a research report issued to clients and investors on Monday, October 29th. Jefferies Financial Group analyst S. Kahyaoglu now anticipates that the business services provider will post earnings of $2.65 per share for the year, up from their prior estimate of $2.50. Jefferies Financial Group also issued estimates for Booz Allen Hamilton’s FY2021 earnings at $3.30 EPS.

Booz Allen Hamilton (NYSE:BAH) last released its earnings results on Monday, October 29th. The business services provider reported $0.68 earnings per share for the quarter, beating 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 firm had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.64 billion. During the same quarter in the prior year, the firm posted $0.50 earnings per share. The company’s quarterly revenue was up 4.6% on a year-over-year basis.



Several other research firms have also weighed in on BAH. Zacks Investment Research lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Tuesday, August 14th. Drexel Hamilton reaffirmed a “hold” rating on shares of Booz Allen Hamilton in a research report on Monday, July 30th. 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. Raymond James raised their price target on Booz Allen Hamilton from $53.00 to $55.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Vertical Research lowered Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Monday, July 9th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $52.89.

NYSE:BAH opened at $48.46 on Wednesday. Booz Allen Hamilton has a 1-year low of $35.21 and a 1-year high of $52.56. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 2.87. The stock has a market capitalization of $6.67 billion, a price-to-earnings ratio of 24.11, a P/E/G ratio of 1.75 and a beta of 1.17.

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 30th. Stockholders of record on Wednesday, November 14th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Tuesday, November 13th. Booz Allen Hamilton’s dividend payout ratio is currently 37.81%.

In related news, Director Ralph W. Shrader sold 30,000 shares of the stock in a transaction dated Thursday, August 2nd. The stock was sold at an average price of $47.19, for a total transaction of $1,415,700.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Kristine Anderson sold 20,000 shares of the stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $51.54, for a total value of $1,030,800.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 103,985 shares of company stock worth $5,140,940. 3.56% of the stock is currently owned by insiders.

Several large investors have recently bought and sold shares of BAH. Guggenheim Capital LLC grew its holdings in shares of Booz Allen Hamilton by 7.0% during the first quarter. Guggenheim Capital LLC now owns 121,002 shares of the business services provider’s stock worth $4,685,000 after buying an additional 7,872 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of Booz Allen Hamilton by 74.2% during the first quarter. Legal & General Group Plc now owns 312,022 shares of the business services provider’s stock worth $12,081,000 after buying an additional 132,928 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of Booz Allen Hamilton by 28.6% during the first quarter. Royal Bank of Canada now owns 198,798 shares of the business services provider’s stock worth $7,698,000 after buying an additional 44,176 shares in the last quarter. Allianz Asset Management GmbH grew its holdings in shares of Booz Allen Hamilton by 12.3% during the first quarter. Allianz Asset Management GmbH now owns 1,219,214 shares of the business services provider’s stock worth $47,208,000 after buying an additional 133,210 shares in the last quarter. Finally, Brown Advisory Inc. bought a new position in shares of Booz Allen Hamilton during the first quarter worth about $1,063,000. Institutional investors and hedge funds own 93.25% of the company’s stock.

About Booz Allen Hamilton

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.

Further Reading: Earnings Reports

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

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