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Why Booz Allen Hamilton (BAH) Outpaced the Stock Market Today
Booz Allen Hamilton Booz Allen Hamilton (US:BAH) ZACKSยท2024-06-17 23:20

Company Performance - Booz Allen Hamilton (BAH) stock closed at $152.90, reflecting a +1.65% increase from the previous day, outperforming the S&P 500's gain of 0.77% [1] - Over the past month, BAH's stock has decreased by 1.23%, underperforming the Business Services sector's loss of 0.77% and the S&P 500's gain of 3.71% [1] - Analysts expect BAH to report earnings of $1.53 per share, representing a year-over-year growth of 4.08%, with revenue projected at $2.92 billion, indicating a 10.09% increase compared to the same quarter last year [1] Annual Estimates - For the full year, Zacks Consensus Estimates project earnings of $6.05 per share and revenue of $11.7 billion, reflecting changes of +10% and +9.75% from the previous year [2] - Recent upward revisions in analyst estimates suggest positive sentiment regarding BAH's business operations and profit generation capabilities [2] Valuation Metrics - BAH currently has a Forward P/E ratio of 24.88, which is a premium compared to its industry's Forward P/E of 20.62 [3] - The company has a PEG ratio of 1.78, aligning with the average PEG ratio for the Government Services industry, which also stood at 1.78 [3] Industry Context - The Government Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 1, placing it in the top 1% of over 250 industries [4] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]