Booz Allen Hamilton (BAH) Set to Announce Quarterly Earnings on Friday

Booz Allen Hamilton (NYSE:BAH) is set to announce its earnings results before the market opens on Friday, November 1st. Analysts expect the company to announce earnings of $0.69 per share for the quarter. Booz Allen Hamilton has set its FY 2020 guidance at $2.90-3.05 EPS and its FY20 guidance at $2.90-3.05 EPS.Investors that wish to register for the company’s conference call can do so using this link.

Booz Allen Hamilton (NYSE:BAH) last posted its quarterly earnings data on Monday, July 29th. The business services provider reported $0.83 earnings per share for the quarter, topping the 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 firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.79 billion. During the same period in the previous year, the company posted $0.72 EPS. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. On average, analysts expect Booz Allen Hamilton to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NYSE BAH opened at $68.47 on Friday. Booz Allen Hamilton has a twelve month low of $43.24 and a twelve month high of $78.01. The company has a debt-to-equity ratio of 3.14, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a market cap of $9.56 billion, a price-to-earnings ratio of 24.81, a PEG ratio of 1.70 and a beta of 0.92. The firm’s 50 day moving average price is $71.12 and its two-hundred day moving average price is $66.93.

In other news, EVP Nancy Laben sold 35,389 shares of the business’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $70.27, for a total transaction of $2,486,785.03. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Horacio Rozanski sold 45,000 shares of the business’s stock in a transaction on 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. Insiders own 2.60% of the company’s stock.

Several equities analysts have weighed in on BAH shares. Barclays started coverage on shares of Booz Allen Hamilton in a research report on Friday, September 20th. They set an “equal weight” rating and a $77.00 price objective on the stock. Cowen set a $85.00 price objective on shares of Booz Allen Hamilton and gave the stock a “buy” rating in a research report on Tuesday, October 8th. Wells Fargo & Co cut shares of Booz Allen Hamilton from an “outperform” rating to a “market perform” rating and boosted their price target for the company from $71.00 to $74.00 in a report on Tuesday, July 30th. Citigroup boosted their price target on shares of Booz Allen Hamilton from $65.00 to $71.00 and gave the company a “neutral” rating in a report on Tuesday, July 30th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Booz Allen Hamilton in a report on Tuesday, September 24th. They set a “neutral” rating and a $77.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. Booz Allen Hamilton currently has an average rating of “Hold” and a consensus target price of $70.25.

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 for Booz Allen Hamilton (NYSE:BAH)

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