WASHINGTON, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by Booz Allen Hamilton in McLean, VA. Applications for the no-cost bootcamp are closing September 30. The Mark Cuban Foundation, in partnership with Booz Allen Hamilton is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in McLean, VA. With a custom and highly-relevant curriculum focused on ...

In the latest trading session, Booz Allen Hamilton (BAH) closed at $158.45, marking a +0.93% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.13%. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, lost 0.52%.Shares of the defense contractor witnessed a gain of 6.31% over the previous month, trailing the performance of the Business Services sector with its gain of 6.81% and outperforming the S&P 500's gain of 3.67%.The upcoming earnings rel ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Booz Allen Hamilton (BAH) .Booz Allen currently has an average br ...

Booz Allen Hamilton (BAH) closed the latest trading day at $151.96, indicating a -0.1% change from the previous session's end. This change lagged the S&P 500's 1.16% gain on the day. Meanwhile, the Dow experienced a rise of 1.2%, and the technology-dominated Nasdaq saw an increase of 1.16%.The defense contractor's stock has climbed by 3.05% in the past month, falling short of the Business Services sector's gain of 5.19% and the S&P 500's gain of 3.48%.The upcoming earnings release of Booz Allen Hamilton wil ...

The Booz Allen Hamilton (BAH) stock has had an impressive run year to date. The stock has gained 23.6%, outperforming 22.2% growth of the industry it belongs to and the 19.6% rise of the Zacks S&P 500 composite.BAH reported mixed first-quarter fiscal 2025 (ended Jun 30, 2024) results. Quarterly adjusted earnings per share of $1.4 missed the Zacks Consensus Estimate by 9.2% and decreased 6.1% from the year-ago quarter. The company reported revenues of $2.9 billion, which beat the consensus estimate marginall ...

Core Viewpoint - Booz Allen Hamilton Holding Corporation reported strong top-line growth of 10.8% in Q1, but faced a decline in operating profits by 1.7%, indicating margin pressure despite robust revenue growth [2][3][14] Financial Performance - The company achieved 10.6% organic revenue growth in Q1, while operating profits declined by 1.7% [2][3] - Revenue for the quarter reached $11.7 billion, with a notable increase in the space business to $0.5 billion [6][11] - The client staff headcount increased by 7.7% year-over-year, contributing to margin pressure [6][10] Strategic Focus - Booz Allen Hamilton is strategically investing in AI and cybersecurity markets, which are expected to drive future growth [6][10] - The company’s backlog reached a record high of $36.2 billion, up 16% year-over-year, indicating strong future revenue potential [7][10] FY24 Outlook - The company projects revenue growth of 8%-11% and around 10% EBITDA growth for the full fiscal year [7][8] - Forecasts include a 10% revenue growth driven by traditional IT consulting, new technologies, and acquisitions [10] Valuation - The fair value of Booz Allen Hamilton's stock is estimated at $180 per share based on discounted cash flow analysis [12][14]

Key TakeawaysBooz Allen Hamilton missed profit expectations for its fiscal 2025 first quarter when it reported results Friday.The global management and technology consulting company affirmed its previous guidance for full-year adjusted EPS of between $5.80 and $6.05, mostly below analysts' consensus estimate of $6.04.Booz Allen stock plunged 10% in intraday trading Friday. Booz Allen Hamilton (BAH) shares sank Friday after the company missed earnings expectations for its fiscal 2025 first quarter. The globa ...

Higher expenses led to lower-than-expected profits.Government contractor Booz Allen Hamilton (BAH -9.73%) missed Wall Street's profit expectations for the quarter and set full-year profit guidance that underwhelmed expectations. Investors are looking elsewhere, sending Booz shares down 10% as of 12:30 p.m. ET.Costs creep higherBooz Allen Hamilton provides information technology and consulting services for civilian and military government customers. The company has outperformed the market over the past five ...

Booz Allen Hamilton Holding Corporation (NYSE:BAH) Q1 2025 Earnings Conference Call July 26, 2024 8:00 AM ET Company Participants Matt Calderone - Executive Vice President & Chief Financial Officer Lindsay Joyce - VP, Financial Planning & Analysis and IR Horacio Rozanski - Chairman, Chief Executive Officer & President Conference Call Participants Mariana Pérez Mora - Bank of America Sheila Kahyaoglu - Jefferies Bert Subin - Stifel Cai von Rumohr - TD Cowen Matt Akers - Wells Fargo Scott Mikus - Melius Resea ...

Booz Allen Hamilton (BAH) came out with quarterly earnings of $1.38 per share, missing the Zacks Consensus Estimate of $1.52 per share. This compares to earnings of $1.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.21%. A quarter ago, it was expected that this defense contractor would post earnings of $1.22 per share when it actually produced earnings of $1.33, delivering a surprise of 9.02%.Over the last four quarters, ...