Booz Allen Hamilton (NYSE:BAH) Earning Somewhat Favorable Media Coverage, Report Shows
Media coverage about Booz Allen Hamilton (NYSE:BAH) has been trending somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Booz Allen Hamilton earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 46.6904885799312 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Booz Allen’s Chief Warns U.S. of a ‘Close Race’ With China on AI (finance.yahoo.com)
- Booz Allen Hamilton (BAH) Price Target Raised to $46.00 at Citigroup (americanbankingnews.com)
- Zacks: Analysts Anticipate Booz Allen Hamilton Holding Co. (BAH) Will Post Quarterly Sales of $1.58 Billion (americanbankingnews.com)
- Quantum Computing Market Vendors Study 2018: IBM Corporation, D-Wave Systems Inc., Booz Allen Hamilton Inc … (digitaljournal.com)
- Jefferies Financial Group Weighs in on Booz Allen Hamilton Holding Co.’s FY2021 Earnings (BAH) (americanbankingnews.com)
Booz Allen Hamilton stock traded up $0.25 during midday trading on Thursday, reaching $45.46. 955,300 shares of the stock traded hands, compared to its average volume of 826,656. Booz Allen Hamilton has a 12-month low of $31.06 and a 12-month high of $45.73. The stock has a market capitalization of $6.42 billion, a price-to-earnings ratio of 22.62, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. The company has a debt-to-equity ratio of 3.17, a current ratio of 1.44 and a quick ratio of 1.44.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Thursday, June 14th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Wednesday, June 13th. Booz Allen Hamilton’s dividend payout ratio (DPR) is presently 37.81%.
BAH has been the topic of several recent research reports. Zacks Investment Research upgraded Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a research report on Friday, April 13th. Bank of America upped their target price on Booz Allen Hamilton from $40.00 to $47.00 and gave the stock a “hold” rating in a research note on Friday, June 8th. SunTrust Banks upped their target price on Booz Allen Hamilton from $47.00 to $51.00 and gave the stock a “buy” rating in a research note on Wednesday, May 30th. Citigroup increased their price objective on Booz Allen Hamilton from $41.00 to $46.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, ValuEngine raised Booz Allen Hamilton from a “hold” rating to a “buy” rating in a research note on Thursday, April 12th. Six investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Booz Allen Hamilton has a consensus rating of “Buy” and a consensus target price of $45.04.
In other news, Director Ralph W. Shrader sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, March 20th. The stock was sold at an average price of $38.92, for a total transaction of $7,784,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Horacio Rozanski sold 1,859 shares of Booz Allen Hamilton stock in a transaction that occurred on Tuesday, May 29th. The stock was sold at an average price of $42.34, for a total value of $78,710.06. The disclosure for this sale can be found here. Insiders have sold a total of 455,498 shares of company stock worth $18,476,193 in the last three months. Corporate insiders own 3.04% of the company’s stock.
About Booz Allen Hamilton
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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