Analysts Expect Booz Allen Hamilton Holding Co. (BAH) Will Post Quarterly Sales of $1.52 Billion

Equities analysts expect Booz Allen Hamilton Holding Co. (NYSE:BAH) to post $1.52 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for Booz Allen Hamilton’s earnings, with the lowest sales estimate coming in at $1.49 billion and the highest estimate coming in at $1.54 billion. Booz Allen Hamilton reported sales of $1.40 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 8.6%. The business is scheduled to announce its next quarterly earnings report before the market opens on Monday, February 5th.

On average, analysts expect that Booz Allen Hamilton will report full year sales of $1.52 billion for the current financial year, with estimates ranging from $6.18 billion to $6.25 billion. For the next fiscal year, analysts anticipate that the company will report sales of $6.54 billion per share, with estimates ranging from $6.49 billion to $6.58 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Booz Allen Hamilton.

Booz Allen Hamilton (NYSE:BAH) last announced its earnings results on Monday, November 6th. The business services provider reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.02. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.50 billion. Booz Allen Hamilton had a net margin of 4.52% and a return on equity of 48.30%. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.46 earnings per share.

Several research analysts have recently weighed in on BAH shares. Jefferies Group restated a “hold” rating and issued a $36.00 target price on shares of Booz Allen Hamilton in a research note on Thursday, September 21st. Vertical Research raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a report on Tuesday, October 3rd. Zacks Investment Research raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a report on Monday, October 9th. Cowen reaffirmed a “buy” rating and issued a $50.00 price target (up from $41.00) on shares of Booz Allen Hamilton in a report on Thursday, October 12th. Finally, Wells Fargo & Co upped their price target on shares of Booz Allen Hamilton from $40.00 to $42.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. Six equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $41.32.

In related news, insider Susan L. Penfield sold 30,022 shares of the stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $38.31, for a total value of $1,150,142.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.04% of the company’s stock.

Large investors have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Booz Allen Hamilton by 0.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 18,217 shares of the business services provider’s stock worth $593,000 after buying an additional 49 shares during the period. M&T Bank Corp boosted its holdings in shares of Booz Allen Hamilton by 0.5% in the second quarter. M&T Bank Corp now owns 13,945 shares of the business services provider’s stock worth $454,000 after buying an additional 65 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in shares of Booz Allen Hamilton by 1.3% in the second quarter. Oppenheimer Asset Management Inc. now owns 21,681 shares of the business services provider’s stock worth $705,000 after buying an additional 280 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Booz Allen Hamilton by 8.2% in the second quarter. The Manufacturers Life Insurance Company now owns 4,603 shares of the business services provider’s stock worth $150,000 after buying an additional 347 shares during the period. Finally, Advisor Group Inc. boosted its holdings in shares of Booz Allen Hamilton by 13.1% in the second quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock worth $113,000 after buying an additional 405 shares during the period. Institutional investors own 92.81% of the company’s stock.

Shares of Booz Allen Hamilton (NYSE:BAH) traded up $0.91 during mid-day trading on Tuesday, hitting $39.27. 545,100 shares of the stock traded hands, compared to its average volume of 954,400. The stock has a market capitalization of $5,730.00, a P/E ratio of 21.82, a PEG ratio of 2.36 and a beta of 1.28. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 3.33. Booz Allen Hamilton has a fifty-two week low of $31.06 and a fifty-two week high of $39.67.

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About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.

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

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