Wall Street brokerages forecast that Booz Allen Hamilton Holding Co. (NYSE:BAH) will announce sales of $1.71 billion for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for Booz Allen Hamilton’s earnings. The highest sales estimate is $1.73 billion and the lowest is $1.64 billion. Booz Allen Hamilton reported sales of $1.64 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 4.3%. The company is scheduled to report its next quarterly earnings results on Tuesday, June 4th.
On average, analysts expect that Booz Allen Hamilton will report full-year sales of $6.64 billion for the current financial year, with estimates ranging from $6.64 billion to $6.65 billion. For the next year, analysts anticipate that the firm will post sales of $7.05 billion, with estimates ranging from $6.68 billion to $7.20 billion. Zacks’ sales calculations are an average based on a survey of research firms that follow Booz Allen Hamilton.
Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Friday, February 1st. The business services provider reported $0.72 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.14. Booz Allen Hamilton had a net margin of 6.31% and a return on equity of 61.40%. The firm had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.60 billion. During the same quarter last year, the business earned $0.51 earnings per share. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year.
In other news, insider Horacio Rozanski sold 45,000 shares of the business’s stock in a transaction that occurred on Thursday, January 31st. The shares were sold at an average price of $49.00, for a total value of $2,205,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Nancy Laben sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $55.02, for a total transaction of $825,300.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 98,625 shares of company stock valued at $5,106,885. 3.56% of the stock is currently owned by company insiders.
Large investors have recently bought and sold shares of the company. CWM LLC raised its position in shares of Booz Allen Hamilton by 81.9% in the fourth quarter. CWM LLC now owns 815 shares of the business services provider’s stock valued at $37,000 after buying an additional 367 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in Booz Allen Hamilton by 47.4% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 821 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 264 shares during the period. Pearl River Capital LLC purchased a new stake in Booz Allen Hamilton in the fourth quarter valued at approximately $37,000. Enlightenment Research LLC purchased a new stake in Booz Allen Hamilton in the fourth quarter valued at approximately $104,000. Finally, Quantamental Technologies LLC purchased a new stake in Booz Allen Hamilton in the fourth quarter valued at approximately $197,000. 95.04% of the stock is owned by institutional investors and hedge funds.
BAH traded up $0.22 during midday trading on Friday, reaching $58.14. 1,066,100 shares of the company’s stock were exchanged, compared to its average volume of 1,148,516. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 2.54. The stock has a market cap of $8.11 billion, a P/E ratio of 28.93, a PEG ratio of 1.45 and a beta of 1.07. Booz Allen Hamilton has a 1-year low of $37.64 and a 1-year high of $58.42.
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 28th. Shareholders of record on Thursday, February 14th were given a dividend of $0.23 per share. The ex-dividend date was Wednesday, February 13th. This represents a $0.92 dividend on an annualized basis and a yield of 1.58%. This is a boost from Booz Allen Hamilton’s previous quarterly dividend of $0.19. Booz Allen Hamilton’s payout ratio is presently 45.77%.
Booz Allen Hamilton Company Profile
Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains, business strategies, human capital, and operations.
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