The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) is a huge mover today! About 1.09M shares traded hands or 42.87% up from the average. Booz Allen Hamilton Holding Corporation (NYSE:BAH) has risen 6.05% since March 3, 2016 and is uptrending. It has underperformed by 2.29% the S&P500.
The move comes after 8 months positive chart setup for the $4.44 billion company. It was reported on Oct, 6 by Barchart.com. We have $41.28 PT which if reached, will make NYSE:BAH worth $1.47B more.
Analysts await Booz Allen Hamilton Holding Corporation (NYSE:BAH) to report earnings on October, 26. They expect $0.43 earnings per share, up 10.26% or $0.04 from last year’s $0.39 per share. BAH’s profit will be $61.51 million for 18.05 P/E if the $0.43 EPS becomes a reality. After $0.46 actual earnings per share reported by Booz Allen Hamilton Holding Corporation for the previous quarter, Wall Street now forecasts -6.52% negative EPS growth.
Booz Allen Hamilton Holding Corporation (NYSE:BAH) Ratings Coverage
Out of 9 analysts covering Booz Allen Hamilton Holding Corporation (NYSE:BAH), 6 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 67% are positive. Booz Allen Hamilton Holding Corporation has been the topic of 13 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) has “Outperform” rating given on Thursday, January 28 by RBC Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, October 29 report. The company was upgraded on Tuesday, August 4 by Zacks. RBC Capital Markets maintained Booz Allen Hamilton Holding Corporation (NYSE:BAH) rating on Thursday, October 29. RBC Capital Markets has “Outperform” rating and $34 price target. William Blair upgraded Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Tuesday, December 22 to “Outperform” rating. BB&T Capital initiated Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Tuesday, July 28 with “Buy” rating. The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) earned “Outperform” rating by RBC Capital Markets on Thursday, July 30. The stock has “Market Perform” rating given by Raymond James on Tuesday, April 12. Bank of America downgraded the shares of BAH in a report on Monday, November 2 to “Neutral” rating. The rating was upgraded by Wells Fargo to “Outperform” on Thursday, January 7.
According to Zacks Investment Research, “Booz Allen Hamilton Inc. is engaged in providing management and technology consulting services to the U.S. government in the defense, intelligence and civil markets. Technological services offered by the Company include Cyber technologies, SE&I, Systems development and Strategic technology and innovation. Its major clients include the Department of Defense, all branches of the U.S. military, the U.S. Intelligence Community, and civil agencies such as the Department of Homeland Security, the Department of Energy, the Department of Health and Human Services, the Department of the Treasury and the Environmental Protection Agency. Booz Allen Hamilton Inc. is headquartered in McLean, Virginia, the United States of America.”
Insitutional Activity: The institutional sentiment increased to 1.64 in 2016 Q2. Its up 0.56, from 1.08 in 2016Q1. The ratio improved, as 26 funds sold all Booz Allen Hamilton Holding Corporation shares owned while 54 reduced positions. 33 funds bought stakes while 98 increased positions. They now own 127.62 million shares or 2.61% less from 131.05 million shares in 2016Q1.
Invesco Limited accumulated 0.05% or 4.16M shares. California Public Employees Retirement System holds 0.01% or 158,300 shares in its portfolio. Cap Fund Management Sa owns 71,200 shares or 0.02% of their US portfolio. Carlyle Group Inc Lp last reported 15.99 million shares in the company. Fmr Limited Liability, a Massachusetts-based fund reported 5.99M shares. First Quadrant Ltd Partnership Ca reported 96,600 shares or 0.06% of all its holdings. Blackrock last reported 0.01% of its portfolio in the stock. Congress Asset Ma, a Massachusetts-based fund reported 262,425 shares. Meeder Asset Management has 0.01% invested in the company for 3,842 shares. Us Natl Bank De last reported 185 shares in the company. Barclays Public Ltd Co has 0% invested in the company for 47,699 shares. Lord Abbett And Ltd Com holds 0.3% or 3.29M shares in its portfolio. Qs Invsts Limited Liability Company accumulated 3,472 shares or 0% of the stock. California State Teachers Retirement accumulated 0.02% or 240,619 shares. Loomis Sayles And L P has invested 0.11% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH).
Insider Transactions: Since May 25, 2016, the stock had 1 insider buy, and 4 sales for $366.96 million net activity. Cook Kevin L had sold 31,992 shares worth $932,979. LOGUE JOSEPH had sold 16,223 shares worth $511,025 on Wednesday, July 27. EXPLORER COINVEST LLC sold 13.00 million shares worth $364.13 million. Shares for $827 were bought by Penfield Susan L on Thursday, June 30.
More important recent Booz Allen Hamilton Holding Corporation (NYSE:BAH) news were published by: Wsj.com which released: “Booz Allen Faces More Fallout After NSA Contractor’s Arrest” on October 05, 2016, also Schaeffersresearch.com published article titled: “Booz Allen Hamilton Holding Corporation (BAH) Security Scandal Sparks Options …”, Seekingalpha.com published: “Booz Allen Hamilton lower after NSA arrest” on October 05, 2016. More interesting news about Booz Allen Hamilton Holding Corporation (NYSE:BAH) was released by: Wsj.com and their article: “Booz Allen Hamilton Profit, Sales Climb as Backlog Reaches Record” with publication date: May 18, 2016.
BAH Company Profile
Booz Allen Hamilton Holding Corporation, incorporated on May 12, 2008, is a holding company. The Firm is a well-known provider of management and technology, consulting and engineering services to the United States and international governments, firms and not-for-profit organizations. The Company’s client base includes government, commercial and international clients. The Company’s commercial clients in the United States are primarily in the financial services, healthcare and life sciences, energy, high-technology manufacturing, retail, and automotive industries. The Company’s international clients are primarily in the Middle East, along with a presence in Southeast Asia.
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