Booz Allen Hamilton (NYSE:BAH) Rating Lowered to “Market Perform” at William Blair

Booz Allen Hamilton (NYSE:BAH) was downgraded by analysts at William Blair from an “outperform” rating to a “market perform” rating in a report released on Friday, Marketbeat.com reports.

BAH has been the topic of a number of other research reports. TD Cowen cut their price objective on shares of Booz Allen Hamilton from $200.00 to $155.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. UBS Group assumed coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They issued a “neutral” rating and a $159.00 price objective on the stock. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research report on Monday, February 3rd. Cantor Fitzgerald assumed coverage on shares of Booz Allen Hamilton in a research report on Friday, February 7th. They issued an “overweight” rating and a $160.00 price objective on the stock. Finally, Jefferies Financial Group downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $180.00 to $190.00 in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $158.91.

Booz Allen Hamilton Trading Down 1.2 %

NYSE BAH opened at $112.27 on Friday. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.57 and a current ratio of 1.57. The company has a market capitalization of $14.22 billion, a price-to-earnings ratio of 16.73, a price-to-earnings-growth ratio of 1.26 and a beta of 0.55. The company’s 50-day simple moving average is $129.46 and its two-hundred day simple moving average is $147.77. Booz Allen Hamilton has a one year low of $106.69 and a one year high of $190.59.

Booz Allen Hamilton (NYSE:BAH) last posted its earnings results on Friday, January 31st. The business services provider reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. Equities analysts forecast that Booz Allen Hamilton will post 6.44 EPS for the current fiscal year.

Institutional Trading of Booz Allen Hamilton

Several institutional investors and hedge funds have recently bought and sold shares of the business. Oppenheimer & Co. Inc. lifted its stake in Booz Allen Hamilton by 3.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,822 shares of the business services provider’s stock valued at $297,000 after acquiring an additional 59 shares during the period. Moody Aldrich Partners LLC lifted its stake in shares of Booz Allen Hamilton by 4.7% in the 4th quarter. Moody Aldrich Partners LLC now owns 1,660 shares of the business services provider’s stock valued at $214,000 after purchasing an additional 74 shares during the period. Bleakley Financial Group LLC lifted its stake in shares of Booz Allen Hamilton by 4.3% in the 4th quarter. Bleakley Financial Group LLC now owns 1,816 shares of the business services provider’s stock valued at $234,000 after purchasing an additional 75 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Booz Allen Hamilton by 2.0% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,160 shares of the business services provider’s stock valued at $535,000 after purchasing an additional 82 shares during the period. Finally, Apollon Wealth Management LLC lifted its stake in shares of Booz Allen Hamilton by 5.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 1,663 shares of the business services provider’s stock valued at $271,000 after purchasing an additional 86 shares during the period. 91.82% of the stock is currently owned by institutional investors and hedge funds.

Booz Allen Hamilton Company Profile

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.