Booz Allen Hamilton Holding Corporation [BAH] Is Currently 1.00 below its 200 Period Moving Avg: What Does This Mean?

Booz Allen Hamilton Holding Corporation [NYSE: BAH] surged by $0.96 during the normal trading session on Wednesday and reaching a high of $97.40 during the day while it closed the day at $97.16. The company report on January 23, 2023 that Booz Allen Appoints Rory P. Read to Board of Directors.

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Booz Allen Hamilton Holding Corporation (NYSE: BAH), the parent company of consulting firm Booz Allen Hamilton Inc., announced today that it has appointed Rory P. Read to the Board of Directors, effective January 18, 2023.

Read is a Senior Vice President at global information and communication technology company Ericsson and a member of its Executive Team. He heads Ericsson’s Global Communications Platform business area as President and CEO of Vonage, a global provider of cloud communications solutions, which was acquired by Ericsson in 2022. He has more than three decades of experience leading global technology organizations, including previous roles as Chief Operating Executive of Dell Technologies, CEO and President of Dell Virtustream, and Executive Vice President of Dell Boomi. As Chief Integration Officer at Dell, Read played a lead role in the historic $67 billion merger of Dell and EMC Corporation. Prior to that, he served as CEO, President and board member of Advanced Micro Devices and Chief Operating Officer and President at Lenovo. Earlier, Read spent 23 years at IBM, serving in various leadership roles.

Booz Allen Hamilton Holding Corporation stock has also gained 3.20% of its value over the past 7 days. However, BAH stock has declined by -3.38% in the 3 months of the year. Over the past six months meanwhile, it has gained 2.11% and lost -7.04% year-on date.

The market cap for BAH stock reached $12.68 billion, with 132.27 million shares outstanding and 129.93 million shares in the current float. Compared to the average trading volume of 1.09M shares, BAH reached a trading volume of 3681910 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $113.70 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 2.20. 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 October 19, 2022. The new note on the price target was released on June 07, 2022, representing the official price target for Booz Allen Hamilton Holding Corporation stock. Previously, the target price had yet another raise from $83 to $102, while Goldman kept a Buy rating on BAH stock.

The Average True Range (ATR) for Booz Allen Hamilton Holding Corporation is set at 2.06, with the Price to Sales ratio for BAH stock in the period of the last 12 months amounting to 1.44. The Price to Book ratio for the last quarter was 10.56, with the Price to Cash per share for the same quarter was set at 5.80. Price to Free Cash Flow for BAH in the course of the last twelve months was 63.14 with Quick ratio for the last quarter at 1.80.

BAH stock trade performance evaluation

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 3.20. With this latest performance, BAH shares dropped by -6.55% in over the last four-week period, additionally plugging by 2.11% over the last 6 months – not to mention a rise of 12.08% 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 42.98, with the RSI for the last a single of trading hit 48.43, and the three-weeks RSI is set at 42.33 for Booz Allen Hamilton Holding Corporation [BAH]. The present Moving Average for the last 50 days of trading for this stock 102.97, while it was recorded at 94.79 for the last single week of trading, and 95.11 for the last 200 days.

Booz Allen Hamilton Holding Corporation [BAH]: An insightful look at the core 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 +8.19 and a Gross Margin at +22.05. Booz Allen Hamilton Holding Corporation’s Net Margin is presently recorded at +5.54.

Return on Equity for this stock inclined to 43.80, with Return on Assets sitting at 8.05.

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 per share (EPS) analysis for Booz Allen Hamilton Holding Corporation [BAH] stock

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 8.85%.

Booz Allen Hamilton Holding Corporation [BAH]: Insider Ownership positions

There are presently around $11,722 million, or 94.40% of BAH stock, in the hands of institutional investors. The top three institutional holders of BAH stocks are: VANGUARD GROUP INC with ownership of 12,245,140, which is approximately -0.637% of the company’s market cap and around 1.00% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 10,580,594 shares of the stock with an approximate value of $1.03 billion in BAH stocks shares; and BLACKROCK INC., currently with $934.34 million in BAH stock with ownership of nearly -2.522% of the company’s market capitalization.

Positions in Booz Allen Hamilton Holding Corporation stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 322 institutional holders increased their position in Booz Allen Hamilton Holding Corporation [NYSE:BAH] by around 13,117,150 shares. Additionally, 237 investors decreased positions by around 11,207,626 shares, while 69 investors held positions by with 96,326,375 shares. The mentioned changes placed institutional holdings at 120,651,151 shares, according to the latest SEC report filing. BAH stock had 90 new institutional investments in for a total of 4,234,390 shares, while 50 institutional investors sold positions of 602,913 shares during the same period.


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