Booz Allen Hamilton (NYSE:BAH) Reports Strong Quarterly Earnings
Booz Allen Hamilton (NYSE:BAH) shared its quarterly earnings results last Friday, announcing an earnings per share (EPS) of $1.55. This figure surpassed analysts' expectations, which had set the consensus estimate at $1.48. The company also highlighted a net margin of 7.25% and a remarkable return on equity of 69.67%. Furthermore, Booz Allen Hamilton revised its fiscal year 2025 guidance, now projecting an EPS range of 6.250 to 6.400.
Performance of Booz Allen Hamilton Shares
During midday trading on Friday, Booz Allen Hamilton's shares rose by $0.38, reaching a price of $129.31. It was reported that approximately 3,619,097 shares of the company were traded, significantly higher than the average trading volume of 2,025,433 shares. Booz Allen Hamilton's market capitalization stands at $16.52 billion. Currently, the company has a price-to-earnings (PE) ratio of 20.30 and a price-to-earnings-growth (PEG) ratio of 1.53. The stock beta is noted at 0.55. Currently, the fifty-day and two-hundred-day simple moving averages are $135.79 and $150.63, respectively. Investors should also consider that the firm has a debt-to-equity ratio of 2.76 and a current and quick ratio of 1.56 each. Over the past year, Booz Allen Hamilton's stock has seen fluctuations, with a 52-week low of $121.02 and a high of $190.59.
Reactions from Analysts
Various equity analysts have recently shared their insights on Booz Allen Hamilton's stock. StockNews.com downgraded the company's shares from a "buy" rating to a "hold" in a research report released on December 5. Additionally, TD Cowen adjusted their price target for the company from $200.00 to $155.00 while maintaining a "buy" rating in a note from January 8. Wells Fargo & Company also lowered their price target from $177.00 to $171.00 but noted an "overweight" rating for Booz Allen Hamilton. Furthermore, UBS Group initiated coverage with a "neutral" rating and set a target of $159.00 on January 2. Barclays made a notable change, upgrading the stock from an "underweight" rating to an "equal weight" rating with a target price of $140.00 on January 6. As it stands, one analyst has rated the stock as a sell, five have assigned it a hold rating, while four have given it a buy rating. According to MarketBeat data, Booz Allen Hamilton has an average rating of "Hold" and a consensus price target of $161.78.
About Booz Allen Hamilton
Booz Allen Hamilton Holding Corporation is known for its expertise in management and technology consulting, offering a range of services including analytics, engineering, digital solutions, mission operations, and cyber services. The firm operates both in the United States and internationally, serving government entities, corporations, and non-profit organizations. A key focus area for Booz Allen Hamilton is in artificial intelligence, which encompasses machine learning, automation, predictive modeling, and quantum computing.
Booz, Earnings, Stock