What Will Happen to Booz Allen Hamilton Holding Corporation (BAH) Next? The Stock Just Reaches 52-Week High

January 16, 2018 - By Nellie Frank

Investors sentiment decreased to 0.76 in Q3 2017. Its down 0.24, from 1 in 2017Q2. It worsened, as 50 investors sold Booz Allen Hamilton Holding Corporation shares while 83 reduced holdings. 38 funds opened positions while 63 raised stakes. 125.40 million shares or 3.07% less from 129.37 million shares in 2017Q2 were reported.
Morgan Stanley holds 0% or 146,922 shares. Credit Agricole S A reported 26,000 shares. American Century Cos invested in 0.09% or 2.41M shares. Secor Advsrs Lp has 61,295 shares. Hillsdale Investment Mngmt Inc has 0% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 230 shares. Price T Rowe Inc Md invested in 10.38M shares. Findlay Park Prns Ltd Liability Partnership reported 1.37% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Nationwide Fund Advisors invested in 0.01% or 72,400 shares. Moreover, Gsa Prtnrs Limited Liability Partnership has 0.06% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Great West Life Assurance Company Can owns 24,835 shares or 0% of their US portfolio. Neuberger Berman Group Inc Ltd Llc owns 11,159 shares. 83,060 are owned by Guggenheim Cap. Wells Fargo Mn has invested 0.04% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Alliancebernstein L P invested 0.17% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Fiduciary Tru Company holds 8,708 shares.

Since August 15, 2017, it had 0 buys, and 8 selling transactions for $7.80 million activity. Thompson Elizabeth M sold 10,000 shares worth $337,700. ROZANSKI HORACIO sold $1.08M worth of stock. On Tuesday, August 29 Penfield Susan L sold $34 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) or 1 shares. 50,000 shares valued at $1.90M were sold by LOGUE JOSEPH on Tuesday, October 3. HOWELL LLOYD JR sold $463,928 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Tuesday, January 9.

The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) hit a new 52-week high and has $41.78 target or 4.00 % above today’s $40.17 share price. The 6 months bullish chart indicates low risk for the $5.86 billion company. The 1-year high was reported on Jan, 16 by Barchart.com. If the $41.78 price target is reached, the company will be worth $234.28M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 2.24% or $0.88 during the last trading session, reaching $40.17. About 685,417 shares traded. Booz Allen Hamilton Holding Corporation (NYSE:BAH) has risen 24.39% since January 16, 2017 and is uptrending. It has outperformed by 7.69% the S&P500.

Analysts await Booz Allen Hamilton Holding Corporation (NYSE:BAH) to report earnings on January, 29. They expect $0.43 EPS, up 13.16 % or $0.05 from last year’s $0.38 per share. BAH’s profit will be $62.70 million for 23.35 P/E if the $0.43 EPS becomes a reality. After $0.48 actual EPS reported by Booz Allen Hamilton Holding Corporation for the previous quarter, Wall Street now forecasts -10.42 % negative EPS growth.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) Ratings Coverage

Among 16 analysts covering Booz Allen Hamilton Holding Corporation (NYSE:BAH), 10 have Buy rating, 1 Sell and 5 Hold. Therefore 63% are positive. Booz Allen Hamilton Holding Corporation had 40 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, June 16 by Vertical Research. As per Friday, August 18, the company rating was maintained by Jefferies. The firm has “Buy” rating by Bank of America given on Friday, November 18. William Blair upgraded the shares of BAH in report on Tuesday, December 22 to “Outperform” rating. Cowen & Co maintained Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Friday, April 7 with “Outperform” rating. Drexel Hamilton downgraded Booz Allen Hamilton Holding Corporation (NYSE:BAH) rating on Friday, June 16. Drexel Hamilton has “Hold” rating and $40 target. On Friday, December 1 the stock rating was initiated by SunTrust with “Buy”. On Friday, July 14 the stock rating was maintained by Jefferies with “Buy”. Suntrust Robinson initiated it with “Buy” rating and $47 target in Friday, December 1 report. The firm has “Hold” rating given on Monday, October 23 by Jefferies.

More notable recent Booz Allen Hamilton Holding Corporation (NYSE:BAH) news were published by: Prnewswire.com which released: “Updated: Harwood Feffer LLP Announces Investigation of Booz Allen Hamilton …” on November 10, 2017, also Seekingalpha.com with their article: “Booz Allen Hamilton Holding (BAH) Q2 2018 Results – Earnings Call Transcript” published on November 06, 2017, Seekingalpha.com published: “Booz Allen Hamilton Holding’s (BAH) CEO Horacio Rozanski on Q4 2017 Results …” on May 22, 2017. More interesting news about Booz Allen Hamilton Holding Corporation (NYSE:BAH) were released by: Businesswire.com and their article: “Booz Allen Hamilton to Host Conference Call to Discuss Third Quarter Fiscal …” published on December 26, 2017 as well as Seekingalpha.com‘s news article titled: “Booz Allen Hamilton Holding (BAH) Q1 2018 Results – Earnings Call Transcript” with publication date: August 07, 2017.

Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, firms, and not-for-profit organizations in the United States and internationally. The company has market cap of $5.86 billion. The firm offers consulting solutions for various domains, business strategies, human capital, and operations. It has a 22.32 P/E ratio. It also provides analytics services, which focuses on delivering transformational solutions in the areas of decision analytics, including activities research and cost estimation; intelligence analysis, which include source analysis; and tradecraft, data science, and machine intelligence.

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