Booz Allen Hamilton (NYSE:BAH) Coverage Initiated by Analysts at Cantor Fitzgerald

Stock analysts at Cantor Fitzgerald initiated coverage on shares of Booz Allen Hamilton (NYSE:BAH) in a note issued to investors on Friday,Briefing.com Automated Import reports. The brokerage set an “overweight” rating and a $160.00 price target on the business services provider’s stock. Cantor Fitzgerald’s price objective suggests a potential upside of 24.05% from the company’s previous close.

BAH has been the topic of several other research reports. Jefferies Financial Group cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating and boosted their price target for the company from $180.00 to $190.00 in a research report on Monday, November 4th. Raymond James raised shares of Booz Allen Hamilton from a “market perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research report on Monday. Wells Fargo & Company lowered their price target on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. StockNews.com cut shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th. Finally, UBS Group began coverage on shares of Booz Allen Hamilton in a research report on Monday, December 2nd. They set a “neutral” rating and a $159.00 price target on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $158.91.

Booz Allen Hamilton Trading Down 0.3 %

Shares of BAH opened at $128.98 on Friday. Booz Allen Hamilton has a 52-week low of $121.02 and a 52-week high of $190.59. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 2.76. The firm’s fifty day moving average is $134.36 and its two-hundred day moving average is $149.88. The stock has a market cap of $16.48 billion, a PE ratio of 19.22, a price-to-earnings-growth ratio of 1.53 and a beta of 0.55.

Booz Allen Hamilton (NYSE:BAH) last announced 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 70.51%. Research analysts forecast that Booz Allen Hamilton will post 6.32 earnings per share for the current fiscal year.

Institutional Trading of Booz Allen Hamilton

Institutional investors and hedge funds have recently bought and sold shares of the business. Bogart Wealth LLC increased its stake in Booz Allen Hamilton by 387.5% during the fourth quarter. Bogart Wealth LLC now owns 195 shares of the business services provider’s stock worth $25,000 after purchasing an additional 155 shares during the period. Peterson Financial Group Inc. purchased a new stake in Booz Allen Hamilton during the third quarter worth about $31,000. R Squared Ltd purchased a new stake in Booz Allen Hamilton during the fourth quarter worth about $31,000. SRS Capital Advisors Inc. increased its stake in Booz Allen Hamilton by 3,314.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 239 shares of the business services provider’s stock worth $31,000 after purchasing an additional 232 shares during the period. Finally, Roxbury Financial LLC purchased a new stake in Booz Allen Hamilton during the fourth quarter worth about $35,000. 91.82% of the stock is currently owned by hedge funds and other institutional investors.

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.