Workflow
Here's Why Booz Allen Hamilton (BAH) Fell More Than Broader Market
Booz Allen Hamilton Booz Allen Hamilton (US:BAH) ZACKSยท2024-10-21 23:20

Company Performance - Booz Allen Hamilton (BAH) closed at $163.24, reflecting a -0.41% change from the previous session, underperforming the S&P 500's daily loss of 0.18% [1] - Over the past month, BAH shares gained 3.81%, while the Business Services sector and S&P 500 gained 4.62% and 4.46%, respectively [1] Earnings Projections - Booz Allen Hamilton is expected to report earnings of $1.48 per share on October 25, 2024, indicating a year-over-year growth of 14.73% [1] - The Zacks Consensus Estimate for revenue is projected at $2.96 billion, up 10.85% from the previous year [1] Full Year Estimates - For the full year, earnings are projected at $5.97 per share and revenue at $11.81 billion, representing changes of +8.55% and +10.77% from the prior year [2] Analyst Sentiment - Recent changes to analyst estimates reflect positive sentiment regarding Booz Allen Hamilton's business and profitability [2] - The Zacks Rank system currently rates Booz Allen Hamilton at 2 (Buy), indicating strong analyst optimism [3] Valuation Metrics - Booz Allen Hamilton has a Forward P/E ratio of 27.47, which is a premium compared to the industry's average Forward P/E of 24.53 [3] - The company also has a PEG ratio of 2.36, aligning with the Government Services industry's average PEG ratio [3] Industry Context - The Government Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 2, placing it in the top 1% of over 250 industries [4] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating strong industry performance [4]