Booz Allen Hamilton Holding Corporation (NYSE:BAH) saw an upside of 0.09% to $96.29 after adding $0.09 on Wednesday. The 5-day average trading volume is 1,071,267 shares of the company’s common stock. It has gained $96.82 in the past week and touched a new high 5 times within the past 5 days. An average of 1,110,237 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,036,367.
BAH’s 1-month performance is -8.33% or -$8.19 on its low of $91.73 reached on 01/20/23. The company’s shares have touched a 52-week low of $69.68 and high of $112.55, with the stock’s rally to the 52-week high happening on 01/03/23. YTD, BAH has lost -7.96% or -$8.25 and has reached a new high 1 time. However, the current price is down -14.45% from the 52-week high price.
Will You Miss Out On This Growth Stock Boom?
A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.
And this is just one of our 5 Best Growth Stocks To Own For 2023.
BAH stock investors last saw insider trading activity on Jan 03.Dotson Judith (Executive Vice President) most recently sold 15,000 shares at $104.24 per share on Jan 03. This transaction cost the insider $1,563,600. EVP & Chief Operating Officer, ANDERSON KRISTINE, sold 5,064 shares at a price of $104.28 on Dec 30. Then, on Oct 18, Executive Vice President Crowe Richard sold 2,573 shares at a price of $100.00 per share. This transaction amounted to $257,300.
BAH stock has a beta of 0.64. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.42 while the price-to-book (PB) in the most recent quarter is 10.46, with the price to cash flow ratio at 62.52.
Booz Allen Hamilton Holding Corporation’s quick ratio for the period ended September 29 was 1.80, with the current ratio over the same period at 1.80. As well, the company’s long term debt to equity for the quarter ending September 29 was 2.29, while the total debt to equity was 2.33. In terms of profitability, the gross margin trailing 12 months is 53.30%. The firm’s gross profit as reported stood at $4.46 billion against revenue of $8.36 billion.
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 9.42% to $170.93 million, while revenue of $138.28 million was 19.1% off the previous quarter. Analysts expected BAH to announce $1.13 per share in earnings in its latest quarter, but it posted $1.34, representing a 18.60% surprise. EBITDA for the quarter stood at more than $264.1 million. BAH stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 4.99 billion, with total debt at $3.1 billion. Shareholders hold equity totaling $132.23 million.
Let’s look briefly at Booz Allen Hamilton Holding Corporation (BAH) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 43.19% to suggest the stock is trending Neutral, with historical volatility in this time period at 18.41%.
The stock’s 5-day moving average is $94.61, reflecting a +2.25% or $2.12 change from its current price. BAH is currently trading -7.84% above its 20-day SMA, +0.60% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -13.49% and SMA200 by+7.73%.
Stochastic %K and %D was 29.10% and 21.03% and the average true range (ATR) pointed at 1.95. The RSI (14) points at 39.28%, while the 14-day stochastic is at 34.50% with the period’s ATR at 2.02. The stock’s 9-day MACD Oscillator is pointing at 0.87 and -0.72 on the 14-day charts.
In the most recent analyst report for Booz Allen Hamilton Holding Corporation (NYSE: BAH), Raymond James downgraded it to a Mkt perform rating. They previously had an Outperform rating on the stock. Analysts offering their rating for BAH stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate BAH as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 7 have offered a “buy” rating.
What is BAH’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $105.00 and a high of $124.00, with their median price target at $115.00. Looking at these predictions, the average price target given by analysts is for Booz Allen Hamilton Holding Corporation (BAH) stock is $114.55.