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Booz Allen Hamilton (BAH) Stock Dips While Market Gains: Key Facts
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Booz Allen Hamilton (BAH - Free Report) closed at $80.33 in the latest trading session, marking a -4.43% move from the prior day. This change lagged the S&P 500's daily gain of 0.13%. Meanwhile, the Dow experienced a rise of 0.45%, and the technology-dominated Nasdaq saw an increase of 0.03%.
The defense contractor's shares have seen an increase of 7.98% over the last month, surpassing the Business Services sector's gain of 0.89% and the S&P 500's gain of 5.25%.
The investment community will be closely monitoring the performance of Booz Allen Hamilton in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.49, marking a 0.68% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.81 billion, down 4% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.22 per share and revenue of $11.44 billion. These totals would mark changes of -4.45% and +1.97%, respectively, from last year.
Any recent changes to analyst estimates for Booz Allen Hamilton should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 1.5% rise in the Zacks Consensus EPS estimate. As of now, Booz Allen Hamilton holds a Zacks Rank of #3 (Hold).
In terms of valuation, Booz Allen Hamilton is currently trading at a Forward P/E ratio of 13.52. This denotes no noticeable deviation relative to the industry average Forward P/E of 13.52.
Also, we should mention that BAH has a PEG ratio of 4.81. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Consulting Services industry currently had an average PEG ratio of 1.04 as of yesterday's close.
The Consulting Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 186, positioning it in the bottom 24% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Booz Allen Hamilton (BAH) Stock Dips While Market Gains: Key Facts
Booz Allen Hamilton (BAH - Free Report) closed at $80.33 in the latest trading session, marking a -4.43% move from the prior day. This change lagged the S&P 500's daily gain of 0.13%. Meanwhile, the Dow experienced a rise of 0.45%, and the technology-dominated Nasdaq saw an increase of 0.03%.
The defense contractor's shares have seen an increase of 7.98% over the last month, surpassing the Business Services sector's gain of 0.89% and the S&P 500's gain of 5.25%.
The investment community will be closely monitoring the performance of Booz Allen Hamilton in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.49, marking a 0.68% rise compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.81 billion, down 4% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.22 per share and revenue of $11.44 billion. These totals would mark changes of -4.45% and +1.97%, respectively, from last year.
Any recent changes to analyst estimates for Booz Allen Hamilton should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 1.5% rise in the Zacks Consensus EPS estimate. As of now, Booz Allen Hamilton holds a Zacks Rank of #3 (Hold).
In terms of valuation, Booz Allen Hamilton is currently trading at a Forward P/E ratio of 13.52. This denotes no noticeable deviation relative to the industry average Forward P/E of 13.52.
Also, we should mention that BAH has a PEG ratio of 4.81. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Consulting Services industry currently had an average PEG ratio of 1.04 as of yesterday's close.
The Consulting Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 186, positioning it in the bottom 24% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.