Booz Allen Hamilton Holding Corporation [NYSE: BAH] jumped around 1.75 points on Monday, while shares priced at $83.51 at the close of the session, up 2.14%. The company report on July 31, 2020 that Booz Allen Hamilton Announces First Quarter Fiscal 2021 Results.
Booz Allen Hamilton Holding Corporation (NYSE: BAH), the parent company of management and technology consulting and engineering services firm Booz Allen Hamilton Inc., today announced preliminary results for the first quarter of fiscal year 2021.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200731005083/en/.
Booz Allen Hamilton Holding Corporation stock is now 17.40% up from its year-to-date (YTD) trading value. BAH Stock saw the intraday high of $83.81 and lowest of $80.85 per share. The company’s 52-week high price is 82.22, which means current price is +53.60% above from all time high which was touched on 08/03/20.
Compared to the average trading volume of 1.06M shares, BAH reached a trading volume of 1028122 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Booz Allen Hamilton Holding Corporation [BAH]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BAH shares is $85.45 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BAH stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Booz Allen Hamilton Holding Corporation shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on July 08, 2020. While these analysts kept the previous recommendation, Citigroup raised their target price from $80 to $90. The new note on the price target was released on April 20, 2020, representing the official price target for Booz Allen Hamilton Holding Corporation stock. Previously, the target price had yet another drop from $88 to $79, while Goldman kept a Neutral rating on BAH stock. On April 02, 2020, analysts decreased their price target for BAH shares from 90 to 85.
The Average True Range (ATR) for Booz Allen Hamilton Holding Corporation is set at 2.20, with the Price to Sales ratio for BAH stock in the period of the last 12 months amounting to 1.47. The Price to Book ratio for the last quarter was 13.07, with the Price to Cash per share for the same quarter was set at 4.73.
How has BAH stock performed recently?
Booz Allen Hamilton Holding Corporation [BAH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.90. With this latest performance, BAH shares gained by 4.96% in over the last four-week period, additionally plugging by 6.31% over the last 6 months – not to mention a rise of 21.40% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BAH stock in for the last two-week period is set at 70.91, with the RSI for the last a single of trading hit 81.72, and the three-weeks RSI is set at 65.96 for Booz Allen Hamilton Holding Corporation [BAH]. The present Moving Average for the last 50 days of trading for this stock 77.18, while it was recorded at 78.92 for the last single week of trading, and 73.90 for the last 200 days.
Booz Allen Hamilton Holding Corporation [BAH]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Booz Allen Hamilton Holding Corporation [BAH] shares currently have an operating margin of +8.97 and a Gross Margin at +22.85. Booz Allen Hamilton Holding Corporation’s Net Margin is presently recorded at +6.45.
Return on Total Capital for BAH is now 23.09, given the latest momentum, and Return on Invested Capital for the company is 17.46. Return on Equity for this stock inclined to 62.82, with Return on Assets sitting at 10.60. When it comes to the capital structure of this company, Booz Allen Hamilton Holding Corporation [BAH] has a Total Debt to Total Equity ratio set at 292.53. Additionally, BAH Total Debt to Total Capital is recorded at 74.52, with Total Debt to Total Assets ending up at 49.48. Long-Term Debt to Equity for the company is recorded at 266.04, with the Long-Term Debt to Total Capital now at 67.77.
Reflecting on the efficiency of the workforce at the company, Booz Allen Hamilton Holding Corporation [BAH] managed to generate an average of $17,687 per employee. Receivables Turnover for the company is 5.35 with a Total Asset Turnover recorded at a value of 1.65.Booz Allen Hamilton Holding Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 1.80.
Earnings analysis for Booz Allen Hamilton Holding Corporation [BAH]
With the latest financial reports released by the company, Booz Allen Hamilton Holding Corporation posted 0.81/share EPS, while the average EPS was predicted by analysts to be reported at 0.72/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 12.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BAH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Booz Allen Hamilton Holding Corporation go to 11.40%.
Insider trade positions for Booz Allen Hamilton Holding Corporation [BAH]
There are presently around $10,630 million, or 94.10% of BAH stock, in the hands of institutional investors. The top three institutional holders of BAH stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 15,843,905, which is approximately -4.861% of the company’s market cap and around 1.10% of the total institutional ownership; VANGUARD GROUP INC, holding 15,058,410 shares of the stock with an approximate value of $1.26 billion in BAH stocks shares; and BLACKROCK INC., currently with $899.98 million in BAH stock with ownership of nearly 4.078% of the company’s market capitalization.
Positions in Booz Allen Hamilton Holding Corporation stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 230 institutional holders increased their position in Booz Allen Hamilton Holding Corporation [NYSE:BAH] by around 11,497,362 shares. Additionally, 279 investors decreased positions by around 14,688,470 shares, while 42 investors held positions by with 101,104,666 shares. The mentioned changes placed institutional holdings at 127,290,498 shares, according to the latest SEC report filing. BAH stock had 64 new institutional investments in for a total of 4,543,908 shares, while 72 institutional investors sold positions of 2,298,121 shares during the same period.