Booz Allen Hamilton (NYSE:BAH) Upgraded by Cantor Fitzgerald to "Strong-Buy" Rating

Booz Allen Hamilton (NYSE:BAH - Get Free Report) was upgraded by Cantor Fitzgerald to a "strong-buy" rating in a report issued on Thursday,Zacks.com reports.

A number of other equities research analysts have also weighed in on BAH. Raymond James upgraded shares of Booz Allen Hamilton from a "market perform" rating to an "outperform" rating and set a $150.00 price objective for the company in a report on Monday, February 3rd. StockNews.com lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating in a report on Thursday, December 5th. Jefferies Financial Group lowered shares of Booz Allen Hamilton from a "buy" rating to a "hold" rating and lifted their price objective for the company from $180.00 to $190.00 in a report on Monday, November 4th. UBS Group started coverage on shares of Booz Allen Hamilton in a report on Monday, December 2nd. They set a "neutral" rating and a $159.00 price objective for the company. Finally, Wells Fargo & Company reduced their price target on shares of Booz Allen Hamilton from $177.00 to $171.00 and set an "overweight" rating for the company in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Booz Allen Hamilton presently has a consensus rating of "Moderate Buy" and an average price target of $158.91.

Booz Allen Hamilton Trading Down 2.1 %

Shares of Booz Allen Hamilton stock traded down $2.66 during trading on Thursday, hitting $121.75. The stock had a trading volume of 1,875,150 shares, compared to its average volume of 1,991,755. The firm's fifty day simple moving average is $132.66 and its 200-day simple moving average is $149.09. The stock has a market cap of $15.42 billion, a PE ratio of 18.14, a PEG ratio of 1.46 and a beta of 0.55. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.57 and a quick ratio of 1.56. Booz Allen Hamilton has a 12 month low of $120.92 and a 12 month high of $190.59.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last released its earnings results on Friday, January 31st. The business services provider reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.07. Booz Allen Hamilton had a net margin of 7.39% and a return on equity of 68.97%. As a group, sell-side analysts expect that Booz Allen Hamilton will post 6.33 EPS for the current fiscal year.

Institutional Trading of Booz Allen Hamilton

Several large investors have recently bought and sold shares of the stock. Bogart Wealth LLC boosted its holdings in shares of Booz Allen Hamilton by 387.5% in the 4th quarter. Bogart Wealth LLC now owns 195 shares of the business services provider's stock valued at $25,000 after acquiring an additional 155 shares during the last quarter. OFI Invest Asset Management purchased a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at $25,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Booz Allen Hamilton by 144.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 227 shares of the business services provider's stock valued at $29,000 after acquiring an additional 134 shares during the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of Booz Allen Hamilton in the 3rd quarter valued at $31,000. Finally, R Squared Ltd purchased a new stake in shares of Booz Allen Hamilton in the 4th quarter valued at $31,000. Hedge funds and other institutional investors own 91.82% of the company's stock.

About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.