Booz Allen Hamilton (NYSE:BAH) Issues Quarterly Earnings Results, Beats Expectations By $0.10 EPS

Booz Allen Hamilton (NYSE:BAH) announced its quarterly earnings results on Friday. The business services provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.10, Briefing.com reports. Booz Allen Hamilton had a return on equity of 65.31% and a net margin of 3.96%. The firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period in the prior year, the company posted $1.01 earnings per share. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. Booz Allen Hamilton updated its FY25 guidance to $5.80-6.05 EPS and its FY 2025 guidance to 5.800-6.050 EPS.

Booz Allen Hamilton Stock Up 4.0 %

Shares of NYSE:BAH opened at $158.51 on Monday. The company has a market cap of $20.57 billion, a price-to-earnings ratio of 34.46, a PEG ratio of 1.97 and a beta of 0.53. Booz Allen Hamilton has a fifty-two week low of $89.80 and a fifty-two week high of $164.43. The firm’s 50-day simple moving average is $147.84 and its 200-day simple moving average is $139.00. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 3.10.

Insider Activity at Booz Allen Hamilton

In other news, EVP Richard Crowe sold 180 shares of the stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $27,747.00. Following the completion of the transaction, the executive vice president now directly owns 17,486 shares of the company’s stock, valued at approximately $2,695,466.90. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CFO Matthew Calderone sold 332 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $154.15, for a total value of $51,177.80. Following the completion of the sale, the chief financial officer now owns 23,438 shares in the company, valued at $3,612,967.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Richard Crowe sold 180 shares of the company’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of $154.15, for a total transaction of $27,747.00. Following the transaction, the executive vice president now owns 17,486 shares in the company, valued at $2,695,466.90. The disclosure for this sale can be found here. Insiders sold a total of 40,227 shares of company stock worth $6,189,532 over the last 90 days. Company insiders own 1.76% of the company’s stock.

Analysts Set New Price Targets

BAH has been the subject of several research reports. JPMorgan Chase & Co. boosted their target price on Booz Allen Hamilton from $120.00 to $136.00 and gave the company a “neutral” rating in a report on Tuesday, February 6th. Jefferies Financial Group boosted their price objective on Booz Allen Hamilton from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Stifel Nicolaus raised their target price on shares of Booz Allen Hamilton from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Truist Financial lifted their target price on shares of Booz Allen Hamilton from $120.00 to $145.00 and gave the company a “hold” rating in a report on Monday, January 29th. Finally, Wells Fargo & Company increased their price target on shares of Booz Allen Hamilton from $138.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $148.44.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It also focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.