Booz Allen Hamilton (NYSE:BAH) Reaches New 12-Month Low – Time to Sell?

Booz Allen Hamilton Holding Co. (NYSE:BAH)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $101.05 and last traded at $102.99, with a volume of 590261 shares traded. The stock had previously closed at $103.58.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Truist Financial lowered their price target on shares of Booz Allen Hamilton from $185.00 to $155.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. UBS Group started coverage on shares of Booz Allen Hamilton in a research note on Monday, December 2nd. They issued a “neutral” rating and a $159.00 target price on the stock. Wells Fargo & Company lowered their target price on shares of Booz Allen Hamilton from $180.00 to $164.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 26th. The Goldman Sachs Group lowered their target price on shares of Booz Allen Hamilton from $210.00 to $158.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. Finally, Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 target price on the stock in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $158.27.

Booz Allen Hamilton Price Performance

The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 2.72. The business’s 50-day simple moving average is $121.96 and its 200 day simple moving average is $142.47. The firm has a market capitalization of $13.13 billion, a P/E ratio of 15.46, a PEG ratio of 1.25 and a beta of 0.56.

Booz Allen Hamilton (NYSE:BAH) last issued its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. Sell-side analysts forecast that Booz Allen Hamilton Holding Co. will post 6.44 earnings per share for the current year.

Booz Allen Hamilton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Investors of record on Friday, February 14th were issued a $0.55 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.20 annualized dividend and a yield of 2.12%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.51. Booz Allen Hamilton’s payout ratio is 32.79%.

Institutional Trading of Booz Allen Hamilton

Several large investors have recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. lifted its position in Booz Allen Hamilton by 3.3% during the third quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock valued at $297,000 after buying an additional 59 shares during the period. Moody Aldrich Partners LLC lifted its position in Booz Allen Hamilton by 4.7% during the fourth quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider’s stock valued at $214,000 after buying an additional 74 shares during the period. Bleakley Financial Group LLC lifted its position in Booz Allen Hamilton by 4.3% during the fourth quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock valued at $234,000 after buying an additional 75 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its position in Booz Allen Hamilton by 2.0% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock valued at $535,000 after buying an additional 82 shares during the period. Finally, M&T Bank Corp lifted its position in Booz Allen Hamilton by 0.9% during the fourth quarter. M&T Bank Corp now owns 10,171 shares of the business services provider’s stock valued at $1,309,000 after buying an additional 88 shares during the period. Institutional investors own 91.82% of the company’s stock.

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 focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.