Analysts Expect Booz Allen Hamilton Holding Co. (NYSE:BAH) to Post $0.69 Earnings Per Share

Equities research analysts predict that Booz Allen Hamilton Holding Co. (NYSE:BAH) will announce earnings of $0.69 per share for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for Booz Allen Hamilton’s earnings, with the highest EPS estimate coming in at $0.76 and the lowest estimate coming in at $0.60. Booz Allen Hamilton posted earnings per share of $0.68 during the same quarter last year, which would indicate a positive year over year growth rate of 1.5%. The business is expected to report its next quarterly earnings report on Monday, November 4th.

According to Zacks, analysts expect that Booz Allen Hamilton will report full year earnings of $3.06 per share for the current fiscal year, with EPS estimates ranging from $3.00 to $3.13. For the next financial year, analysts expect that the company will report earnings of $3.43 per share, with EPS estimates ranging from $3.35 to $3.63. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Booz Allen Hamilton.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Monday, July 29th. The business services provider reported $0.83 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.11. Booz Allen Hamilton had a net margin of 6.27% and a return on equity of 59.44%. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same quarter in the prior year, the firm earned $0.72 EPS. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year.



BAH has been the topic of several analyst reports. Morgan Stanley upped their target price on shares of Booz Allen Hamilton from $70.00 to $76.00 and gave the stock an “overweight” rating in a report on Wednesday, August 21st. SunTrust Banks increased their price objective on shares of Booz Allen Hamilton to $80.00 and gave the stock a “buy” rating in a report on Tuesday, July 30th. Zacks Investment Research raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a report on Friday, June 28th. Citigroup increased their price objective on shares of Booz Allen Hamilton from $65.00 to $71.00 and gave the stock a “neutral” rating in a report on Tuesday, July 30th. Finally, Wells Fargo & Co lowered shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating and increased their price objective for the stock from $71.00 to $74.00 in a report on Tuesday, July 30th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $67.30.

In other Booz Allen Hamilton news, EVP Nancy Laben sold 11,340 shares of the company’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $69.00, for a total transaction of $782,460.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Horacio Rozanski sold 45,000 shares of the company’s stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $70.70, for a total transaction of $3,181,500.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 197,008 shares of company stock worth $13,573,421. Insiders own 2.60% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. Federated Investors Inc. PA lifted its position in Booz Allen Hamilton by 70.6% during the 1st quarter. Federated Investors Inc. PA now owns 362,389 shares of the business services provider’s stock valued at $21,069,000 after purchasing an additional 149,939 shares during the period. Strs Ohio lifted its position in Booz Allen Hamilton by 4.6% during the 2nd quarter. Strs Ohio now owns 6,691 shares of the business services provider’s stock valued at $443,000 after purchasing an additional 294 shares during the period. Jennison Associates LLC lifted its position in Booz Allen Hamilton by 2.2% during the 2nd quarter. Jennison Associates LLC now owns 10,440 shares of the business services provider’s stock valued at $691,000 after purchasing an additional 224 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Booz Allen Hamilton by 1.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 668,721 shares of the business services provider’s stock valued at $44,277,000 after purchasing an additional 9,241 shares during the period. Finally, ARP Americas LP lifted its position in Booz Allen Hamilton by 573.9% during the 2nd quarter. ARP Americas LP now owns 31,000 shares of the business services provider’s stock valued at $2,053,000 after purchasing an additional 26,400 shares during the period. Institutional investors own 91.76% of the company’s stock.

Shares of BAH traded down $0.89 during trading hours on Wednesday, hitting $71.96. The stock had a trading volume of 1,439,900 shares, compared to its average volume of 1,026,034. The company’s fifty day moving average is $72.56 and its two-hundred day moving average is $64.35. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.75 and a quick ratio of 1.75. Booz Allen Hamilton has a 52 week low of $43.24 and a 52 week high of $78.01. The stock has a market capitalization of $9.74 billion, a price-to-earnings ratio of 26.07, a P/E/G ratio of 1.75 and a beta of 0.91.

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date was Tuesday, August 13th. Booz Allen Hamilton’s dividend payout ratio is currently 33.33%.

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.

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

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