Booz Allen Hamilton (NYSE:BAH) Updates FY20 Earnings Guidance
Booz Allen Hamilton (NYSE:BAH) updated its FY20 earnings guidance on Monday. The company provided earnings per share guidance of $2.90-3.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.04. The company issued revenue guidance of $7.11-7.31 billion (+6-9%), compared to the consensus revenue estimate of $7.22 billion.Booz Allen Hamilton also updated its FY 2020 guidance to $2.90-3.05 EPS.
Several equities research analysts have issued reports on the stock. Goldman Sachs Group upgraded shares of MICHELIN COMPAG/ADR from a neutral rating to a buy rating in a research report on Thursday, May 9th. Cowen reiterated a hold rating and issued a $353.00 price target on shares of Regeneron Pharmaceuticals in a research report on Monday. Wells Fargo & Co set a $40.00 price target on shares of Greif and gave the company a hold rating in a research report on Friday, June 7th. SunTrust Banks lifted their price target on shares of Anaplan to $52.00 and gave the company a buy rating in a research report on Wednesday, May 29th. Finally, Zacks Investment Research upgraded shares of Booz Allen Hamilton from a hold rating to a buy rating and set a $71.00 price target for the company in a research report on Friday, June 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of $62.10.
NYSE:BAH traded up $1.11 during mid-day trading on Monday, reaching $70.31. The stock had a trading volume of 1,100,939 shares, compared to its average volume of 746,387. The business has a 50-day simple moving average of $66.78. The stock has a market capitalization of $9.69 billion, a PE ratio of 25.47, a PEG ratio of 1.85 and a beta of 0.94. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 2.52. Booz Allen Hamilton has a 12 month low of $43.24 and a 12 month high of $69.25.
In other Booz Allen Hamilton news, CFO Lloyd Howell, Jr. sold 74,279 shares of the business’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $67.19, for a total transaction of $4,990,806.01. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Horacio Rozanski sold 31,000 shares of the business’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $68.77, for a total transaction of $2,131,870.00. The disclosure for this sale can be found here. Insiders sold 106,059 shares of company stock worth $7,173,867 over the last three months. 2.60% of the stock is currently owned by insiders.
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.
Featured Article: Convertible Shares
Receive News & Ratings for Booz Allen Hamilton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Booz Allen Hamilton and related companies with MarketBeat.com's FREE daily email newsletter.