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Booz Allen Hamilton (BAH) Stock Declines While Market Improves: Some Information for Investors
Booz Allen Hamilton Booz Allen Hamilton (US:BAH) ZACKSยท2024-06-03 23:01

Company Performance - Booz Allen Hamilton (BAH) ended the recent trading session at $150.51, demonstrating a -1.12% swing from the preceding day's closing price, lagging the S&P 500's daily gain of 0.11% [1] - Over the past month, shares of Booz Allen Hamilton gained 3.37%, outpacing the Business Services sector's gain of 1.75% but lagging the S&P 500's gain of 5.06% [1] - The company is forecasted to report an EPS of $1.52, showcasing a 3.4% upward movement from the corresponding quarter of the prior year, with expected revenue of $2.89 billion, showing an 8.82% escalation compared to the year-ago quarter [1] Full Year Estimates - Analysts expect Booz Allen Hamilton to report earnings of $5.99 per share and revenue of $11.72 billion for the full year, marking changes of +8.91% and +9.9% respectively from last year [2] - Recent revisions to analyst estimates reflect the latest near-term business trends, with positive estimate revisions indicating optimism about the company's business outlook [2] Zacks Rank and Valuation - Booz Allen Hamilton currently possesses a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate moving 2.87% higher over the last 30 days [3] - The company is trading at a Forward P/E ratio of 25.4, which is a premium compared to the average Forward P/E of 21.02 for its industry [3] - Booz Allen Hamilton has a PEG ratio of 1.86, which is in line with the average PEG ratio for the Government Services industry [3] Industry Overview - The Government Services industry is part of the Business Services sector and currently has a Zacks Industry Rank of 4, placing it in the top 2% of all 250+ industries [4] - The Zacks Industry Rank measures the strength of industry groups by assessing the average Zacks Rank of individual stocks within those groups, indicating that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]