Booz Allen Hamilton Holding Corporation (NYSE:BAH) Earning Favorable News Coverage, Accern Reports

Media headlines about Booz Allen Hamilton Holding Corporation (NYSE:BAH) have been trending positive recently, Accern Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Booz Allen Hamilton Holding Corporation earned a coverage optimism score of 0.37 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 100 out of 100, indicating that recent news coverage is extremely likely to have an impact on the company’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

Shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH) traded up 1.81% on Friday, reaching $33.26. The company’s stock had a trading volume of 1,818,867 shares. The firm’s 50-day moving average price is $33.38 and its 200-day moving average price is $35.38. Booz Allen Hamilton Holding Corporation has a 12 month low of $29.55 and a 12 month high of $39.67. The stock has a market cap of $4.94 billion, a P/E ratio of 19.08 and a beta of 1.31.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) last issued its quarterly earnings results on Monday, August 7th. The business services provider reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.06. The firm had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.52 billion. Booz Allen Hamilton Holding Corporation had a return on equity of 48.35% and a net margin of 4.50%. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the company posted $0.46 EPS. On average, analysts forecast that Booz Allen Hamilton Holding Corporation will post $1.91 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Monday, August 14th will be given a $0.17 dividend. This is an increase from Booz Allen Hamilton Holding Corporation’s previous quarterly dividend of $0.13. The ex-dividend date is Thursday, August 10th. This represents a $0.68 dividend on an annualized basis and a yield of 2.04%. Booz Allen Hamilton Holding Corporation’s payout ratio is presently 38.86%.

Several research firms recently weighed in on BAH. Bank of America Corporation cut shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “neutral” rating in a research report on Friday, June 16th. Vertical Research cut shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and cut their price objective for the stock from $42.00 to $36.00 in a research report on Friday, June 16th. Drexel Hamilton cut shares of Booz Allen Hamilton Holding Corporation from a “buy” rating to a “hold” rating and cut their price objective for the stock from $39.67 to $27.47 in a research report on Friday, June 16th. Raymond James Financial, Inc. reissued a “market perform” rating on shares of Booz Allen Hamilton Holding Corporation in a research note on Friday, June 16th. Finally, Wells Fargo & Company reissued an “outperform” rating and set a $40.00 target price (down previously from $43.00) on shares of Booz Allen Hamilton Holding Corporation in a research note on Friday, June 16th. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $37.35.

WARNING: “Booz Allen Hamilton Holding Corporation (NYSE:BAH) Earning Favorable News Coverage, Accern Reports” was published by Community Financial News and is owned by of Community Financial News. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.com-unik.info/2017/08/11/booz-allen-hamilton-holding-corporation-nysebah-earning-positive-press-coverage-accern-reports-updated-updated-updated.html.

In related news, CFO Lloyd Howell, Jr. sold 45,000 shares of the business’s stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $39.01, for a total value of $1,755,450.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Joseph W. Mahaffee sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $39.00, for a total value of $1,950,000.00. The disclosure for this sale can be found here. Insiders sold a total of 239,140 shares of company stock valued at $9,225,081 in the last 90 days. 3.04% of the stock is currently owned by corporate insiders.

About Booz Allen Hamilton Holding Corporation

Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.

Insider Buying and Selling by Quarter for Booz Allen Hamilton Holding Corporation (NYSE:BAH)

What are top analysts saying about Booz Allen Hamilton Holding Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Booz Allen Hamilton Holding Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit