Booz Allen Hamilton Holding Rating Lowered to Market Perform at William Blair (BAH)

By admin | 6 years ago

Booz Allen Hamilton Holding (NYSE: BAH) was downgraded by equities researchers at William Blair from an “outperform” rating to a “market perform” rating in a report issued on Thursday.

Shares of Booz Allen Hamilton Holding traded up 0.06% during mid-day trading on Thursday, hitting $16.22. Booz Allen Hamilton Holding has a 52 week low of $13.33 and a 52 week high of $20.11. The company has a market cap of $2.312 billion and a P/E ratio of 9.54.

Booz Allen Hamilton Holding last announced its earnings results on Wednesday, May 30th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.01. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, analysts predict that Booz Allen Hamilton Holding will post $0.41 earnings per share next quarter.

A number of other analysts have also recently weighed in on BAH. Analysts at BB&T (NYSE: BBT) downgraded shares of Booz Allen Hamilton Holding from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, May 8th. Analysts at Wells Fargo & Co. (NYSE: WFC) downgraded shares of Booz Allen Hamilton Holding from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday, March 13rd.

Booz Allen Hamilton Holding Corporation (Holding) is a holding company. The Company and its subsidiaries provide management and technology consulting services primarily to the United States Government and its agencies in the defense, intelligence, and civil markets.

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