The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) reached all time high today, Nov, 29 and still has $41.26 target or 8.00% above today’s $38.20 share price. This indicates more upside for the $5.73 billion company. This technical setup was reported by Barchart.com. If the $41.26 PT is reached, the company will be worth $458.40 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 828,048 shares traded hands. Booz Allen Hamilton Holding Corporation (NYSE:BAH) has risen 34.44% since April 26, 2016 and is uptrending. It has outperformed by 29.18% the S&P500.
Analysts await Booz Allen Hamilton Holding Corporation (NYSE:BAH) to report earnings on January, 25. They expect $0.40 EPS, down 2.44% or $0.01 from last year’s $0.41 per share. BAH’s profit will be $60.00 million for 23.88 P/E if the $0.40 EPS becomes a reality. After $0.46 actual EPS reported by Booz Allen Hamilton Holding Corporation for the previous quarter, Wall Street now forecasts -13.04% negative EPS growth.
Booz Allen Hamilton Holding Corporation (NYSE:BAH) Ratings Coverage
Out of 9 analysts covering Booz Allen Hamilton Holding Corporation (NYSE:BAH), 8 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 89% are positive. Booz Allen Hamilton Holding Corporation has been the topic of 15 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Bank of America upgraded the stock to “Buy” rating in Friday, November 18 report. The rating was upgraded by Zacks to “Hold” on Tuesday, August 4. The firm earned “Outperform” rating on Thursday, July 30 by RBC Capital Markets. The rating was upgraded by Wells Fargo on Thursday, January 7 to “Outperform”. The firm has “Outperform” rating given on Thursday, October 29 by RBC Capital Markets. The firm has “Outperform” rating given on Thursday, January 28 by RBC Capital Markets. The rating was initiated by BB&T Capital on Tuesday, July 28 with “Buy”. The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) earned “Market Perform” rating by Raymond James on Tuesday, April 12. The stock has “Buy” rating given by Jefferies on Wednesday, January 20. The firm earned “Neutral” rating on Monday, November 2 by Bank of America.
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 decreased to 0.9 in Q2 2016. Its down 0.74, from 1.64 in 2016Q1. The ratio dived, 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.
State Of Wisconsin Board has invested 0.01% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Da Davidson And Com owns 5,808 shares or 0.01% of their US portfolio. Tygh Management Inc owns 163,655 shares or 1.36% of their US portfolio. Moreover, Aqr Cap Management Ltd Llc has 0.03% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 650,850 shares. Schwab Charles Investment Mngmt has invested 0.02% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Ubs Asset Management Americas owns 112,952 shares or 0% of their US portfolio. Legal & General Gru Public Limited Company owns 86,849 shares or 0% of their US portfolio. Grantham Mayo Van Otterloo & Commerce Ltd Liability Co holds 0.08% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 666,107 shares. Teacher Retirement Systems Of Texas, a Texas-based fund reported 18,765 shares. The New York-based Oak Hill Advsr Lp has invested 0.24% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Analytic Investors Limited Liability Company last reported 2.03M shares in the company. Ladenburg Thalmann Financial Serv last reported 12,723 shares in the company. Raymond James Advsrs, a Florida-based fund reported 9,369 shares. Qs Invsts Ltd Limited Liability Company, a New York-based fund reported 3,472 shares. Blair William Comm Il reported 37,040 shares or 0.01% of all its holdings.
Insider Transactions: Since June 30, 2016, the stock had 1 buy, and 5 sales for $7.86 million net activity. MAHAFFEE JOSEPH W had sold 60,000 shares worth $1.92M on Wednesday, November 2. LOGUE JOSEPH had sold 16,223 shares worth $511,025. On Thursday, June 30 the insider Penfield Susan L bought $827.
More notable 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 Wsj.com with their article: “Booz Allen Hamilton Launches External Security Review in Wake of Harold Martin …” published on October 27, 2016, Wsj.com published: “Booz Allen Hamilton Profit, Sales Climb as Backlog Reaches Record” on May 18, 2016. More interesting news about Booz Allen Hamilton Holding Corporation (NYSE:BAH) were released by: Investorplace.com and their article: “Booz Allen Hamilton Holding Corporation (BAH) Stock Falls on NSA Contractor’s …” published on October 06, 2016 as well as Forbes.com‘s news article titled: “Ex-Dividend Reminder: International Game Technology, Booz Allen Hamilton …” with publication date: August 04, 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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