The stock of Booz Allen Hamilton Holding Corp (NYSE:BAH) last traded at $148.44, up 0.15% from the previous session.
BAH stock price is now 3.45% away from the 50-day moving average and 18.50% away from the 200-day moving average. The market capitalization of the company currently stands at $19.26B.
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On November 28, 2023, Wells Fargo Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock reducing its target price from $142 to quote $138, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Calderone Matthew, EVP & Chief Financial Officer sold 1,500 shares of the company’s stock on Mar 15 ’24. The stock was sold for $216,315 at an average price of $144.21. Upon completion of the transaction, the EVP & Chief Financial Officer now directly owns 23,962 shares in the company, valued at $3.56 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’24, EVP & Chief Financial Officer Calderone Matthew sold 1,500 shares of the business’s stock. A total of $219,765 was realized by selling the stock at an average price of $146.51. This leaves the insider owning 25,462 shares of the company worth $3.78 million. A total of 1.69% of the company’s stock is owned by insiders.
During the past 12 months, Booz Allen Hamilton Holding Corp has had a low of $89.80 and a high of $150.59. As of last week, the company has a debt-to-equity ratio of 3.35, a current ratio of 1.68, and a quick ratio of 1.68. According to the stock market information, the enterprise value for the company is $22.26B, which is based on a 47.90 price-to-earnings ratio, a 3.80 price-to-earnings-growth ratio, and a beta of 0.53. The fifty day moving average price for BAH is $143.49 and a two-hundred day moving average price translates $125.27 for the stock.
The latest earnings results from Booz Allen Hamilton Holding Corp (NYSE: BAH) was released for Dec, 2023. According to the Consulting Services Company, earnings per share came in at $1.41, beating analysts’ expectations of $1.14 by 0.27. This compares to $0.23 EPS in the same period last year. The net profit margin was 3.93% and return on equity was 35.42% for BAH. The company reported revenue of $2.57 billion for the quarter, compared to $2.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.86 percent. For the current quarter, analysts expect BAH to generate $2.71B in revenue.
