Booz Allen Hamilton Holding Corporation (BAH) was Downgraded by Raymond James to ” Mkt Perform”. Earlier the firm had a rating of “Outperform ” on the company shares. Raymond James advised their investors in a research report released on Apr 12, 2016.
Many Wall Street Analysts have commented on Booz Allen Hamilton Holding Corporation. Booz Allen Hamilton Holding Corporation was Downgraded by Raymond James to ” Mkt Perform” on Apr 12, 2016. Shares were Reiterated by RBC Capital Mkts on Jan 28, 2016 to “Outperform” and Lowered the Price Target to $ 35 from a previous price target of $36 .Booz Allen Hamilton Holding Corporation was Initiated by Jefferies to “Buy” on Jan 20, 2016.
On the company’s financial health, Booz Allen Hamilton Holding Corporation reported $0.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jan 27, 2016. Analyst had a consensus of $0.40. The company had revenue of $1307.70 million for the quarter, compared to analysts expectations of $1318.50 million. The company’s revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.
Booz Allen Hamilton Holding Corporation closed down -0.3 points or -1.01% at $29.29 with 4,43,279 shares getting traded on Monday. Post opening the session at $29.72, the shares hit an intraday low of $29.21 and an intraday high of $29.82 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on Mar 8, 2016, Kevin L Cook (EVP and CFO) sold 28,000 shares at $28.45 per share price. According to the SEC, on Sep 16, 2015, Lloyd Jr Howell (Executive Vice President) sold 28,555 shares at $26.83 per share price. On Sep 15, 2015, Joseph Logue (Executive Vice President) sold 22,510 shares at $26.47 per share price, according to the Form-4 filing with the securities and exchange commission.
Booz Allen Hamilton Holding Corporation is a management consulting company. The Company provides management consulting technology and engineering services to the United States Government in the defense intelligence and civil markets. It also provides management and technology consulting services to major corporations institutions not-for-profit organizations and international clients. Its client base includes the cabinet-level departments of the United States Government clients in selected commercial markets and international clients. Major government clients include the Department of Defense all branches of the United States military the United States Intelligence Community and civil agencies such as the Department of Homeland Security the Department of Health and Human Services and the Department of the Treasury. In the commercial sector the Company serves the United States clients primarily in the financial services healthcare energy retail and automotive markets.