Booz Allen Hamilton Holding (BAH) Reaches $40.73 52-Week High; Right Management Consultants (RHT) Has 1.12 Sentiment

April 18, 2018 - By Marie Mckinney

Red Hat, Inc. (NYSE:RHT) Logo

The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) hit a new 52-week high and has $42.77 target or 5.00% above today’s $40.73 share price. The 5 months bullish chart indicates low risk for the $5.91 billion company. The 1-year high was reported on Apr, 18 by Barchart.com. If the $42.77 price target is reached, the company will be worth $295.40 million more. The stock decreased 0.42% or $0.17 during the last trading session, reaching $40.73. About 36,863 shares traded. Booz Allen Hamilton Holding Corporation (NYSE:BAH) has risen 6.55% since April 18, 2017 and is uptrending. It has underperformed by 5.00% the S&P500.

Right Management Consultants Inc (RHT) investors sentiment decreased to 1.12 in Q4 2017. It’s down -0.11, from 1.23 in 2017Q3. The ratio worsened, as 251 active investment managers started new or increased stock positions, while 224 sold and decreased their positions in Right Management Consultants Inc. The active investment managers in our database now have: 159.29 million shares, up from 157.62 million shares in 2017Q3. Also, the number of active investment managers holding Right Management Consultants Inc in top ten stock positions decreased from 9 to 8 for a decrease of 1. Sold All: 45 Reduced: 179 Increased: 159 New Position: 92.

Ratings analysis reveals 71% of Red Hat’s analysts are positive. Out of 7 Wall Street analysts rating Red Hat, 5 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $70.0 while the high is $95.0. The stock’s average target of $85.67 is -47.04% below today’s ($161.75) share price. RHT was included in 7 notes of analysts from September 22, 2016. The rating was initiated by Rosenblatt with “Buy” on Monday, November 28. The company was downgraded on Tuesday, February 28 by Robert W. Baird. The firm has “Hold” rating given on Thursday, December 22 by Stifel Nicolaus. UBS maintained the stock with “Buy” rating in Thursday, September 22 report. Mizuho maintained Red Hat, Inc. (NYSE:RHT) on Thursday, December 22 with “Buy” rating. As per Thursday, September 22, the company rating was maintained by BMO Capital Markets. On Wednesday, January 11 the stock rating was initiated by Wells Fargo with “Outperform”.

Analysts await Red Hat, Inc. (NYSE:RHT) to report earnings on June, 19. They expect $0.49 EPS, up 22.50% or $0.09 from last year’s $0.4 per share. RHT’s profit will be $86.73M for 82.53 P/E if the $0.49 EPS becomes a reality. After $0.73 actual EPS reported by Red Hat, Inc. for the previous quarter, Wall Street now forecasts -32.88% negative EPS growth.

Capital Counsel Llc Ny holds 6.07% of its portfolio in Red Hat, Inc. for 614,420 shares. Gagnon Advisors Llc owns 64,084 shares or 5.64% of their US portfolio. Moreover, Jericho Capital Asset Management L.P. has 5.08% invested in the company for 810,785 shares. The New York-based Gagnon Securities Llc has invested 4.82% in the stock. Df Dent & Co Inc, a Maryland-based fund reported 1.18 million shares.

The stock decreased 0.30% or $0.48 during the last trading session, reaching $161.75. About 132,010 shares traded. Red Hat, Inc. (RHT) has risen 87.86% since April 18, 2017 and is uptrending. It has outperformed by 76.31% the S&P500.

Red Hat, Inc. provides open source software solutions to develop and offer operating system, virtualization, management, middleware, cloud, mobile, and storage technologies to various enterprises worldwide. The company has market cap of $28.63 billion. It offers infrastructure-related solutions, such as Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in hybrid cloud environments; Red Hat Satellite, a system management offering that helps to deploy, scale, and manage in hybrid cloud environments; and Red Hat Enterprise Virtualization, a software solution that allows clients to utilize and manage a common hardware infrastructure to run multiple operating systems and applications. It has a 115.54 P/E ratio. The firm offers application development-related and other technology solutions, such as Red Hat JBoss Middleware, a solution for developing, deploying, and managing applications; integrating applications, data, and devices; and automating business processes in hybrid cloud environments; Red Hat cloud offerings, a software solution that enables clients to build and manage various cloud computing environments; Red Hat Mobile, a software development platform that enables clients to develop, integrate, deploy, and manage mobile applications for enterprises; and Red Hat Storage, a software solution that enables clients to manage large, unstructured, or semi-structured data in hybrid cloud environments.

Investors sentiment increased to 1.38 in 2017 Q4. Its up 0.62, from 0.76 in 2017Q3. It improved, as 20 investors sold Booz Allen Hamilton Holding Corporation shares while 70 reduced holdings. 50 funds opened positions while 74 raised stakes. 125.54 million shares or 0.11% more from 125.40 million shares in 2017Q3 were reported. Nicholas Prtnrs Ltd Partnership holds 0.35% or 138,441 shares in its portfolio. Epoch Inv Prtn, a New York-based fund reported 39,942 shares. The Georgia-based Invesco Ltd has invested 0.04% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Amalgamated National Bank stated it has 0.03% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Thrivent For Lutherans holds 0.12% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 965,963 shares. Prudential Pcl stated it has 369,190 shares or 0.04% of all its holdings. Comerica Commercial Bank has 8,318 shares for 0% of their portfolio. State Board Of Administration Of Florida Retirement System holds 127,180 shares or 0.01% of its portfolio. Cambridge Inv Advsr invested 0% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Lord Abbett And Commerce Llc reported 0.24% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Hudson Bay Capital Mngmt L P invested in 0.04% or 51,520 shares. Point72 Asia (Hong Kong) Limited owns 857 shares for 0.03% of their portfolio. Vaughan Nelson Mngmt Limited Partnership holds 0.63% or 1.43 million shares. Rhumbline Advisers stated it has 0.01% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Artemis Inv Llp has 733,070 shares.

Among 17 analysts covering Booz Allen Hamilton Holding Corporation (NYSE:BAH), 10 have Buy rating, 1 Sell and 6 Hold. Therefore 59% are positive. Booz Allen Hamilton Holding Corporation has $50.0 highest and $23 lowest target. $39.14’s average target is -3.90% below currents $40.73 stock price. Booz Allen Hamilton Holding Corporation had 41 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, November 2 by Bank of America. Cowen & Co maintained Booz Allen Hamilton Holding Corporation (NYSE:BAH) rating on Tuesday, May 23. Cowen & Co has “Buy” rating and $43 target. As per Friday, August 18, the company rating was maintained by Jefferies. On Tuesday, April 10 the stock rating was maintained by Citigroup with “Neutral”. Jefferies maintained the shares of BAH in report on Monday, October 23 with “Hold” rating. As per Tuesday, November 7, the company rating was upgraded by Jefferies. As per Friday, June 16, the company rating was downgraded by Raymond James. The stock of Booz Allen Hamilton Holding Corporation (NYSE:BAH) earned “Hold” rating by Zacks on Tuesday, August 4. The rating was maintained by Cowen & Co with “Buy” on Monday, August 7. Vertical Research upgraded the stock to “Buy” rating in Tuesday, October 3 report.

Analysts await Booz Allen Hamilton Holding Corporation (NYSE:BAH) to report earnings on May, 28. They expect $0.45 earnings per share, 0.00% or $0.00 from last year’s $0.45 per share. BAH’s profit will be $65.27M for 22.63 P/E if the $0.45 EPS becomes a reality. After $0.48 actual earnings per share reported by Booz Allen Hamilton Holding Corporation for the previous quarter, Wall Street now forecasts -6.25% negative EPS growth.

Since January 9, 2018, it had 0 buys, and 9 sales for $14.48 million activity. $463,928 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) was sold by HOWELL LLOYD JR on Tuesday, January 9. $1.15 million worth of stock was sold by SHRADER RALPH W on Monday, April 2. Another trade for 46,406 shares valued at $1.86 million was made by Dahut Karen M on Tuesday, January 16. Barnes Melody C also sold $40,007 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) on Monday, March 5. On Tuesday, February 27 Messer Angela M. sold $39 worth of Booz Allen Hamilton Holding Corporation (NYSE:BAH) or 1 shares. $1.44 million worth of stock was sold by ROZANSKI HORACIO on Tuesday, January 16.

Booz Allen Hamilton Holding Corporation provides management and technology consulting, engineering, analytics, digital, mission operations, and cyber solutions to governments, firms, and not-for-profit organizations in the United States and internationally. The company has market cap of $5.91 billion. The firm offers consulting solutions for various domains, business strategies, human capital, and operations. It has a 21.35 P/E ratio. It also provides analytics services, which focuses on delivering transformational solutions in the areas of decision analytics, including activities research and cost estimation; intelligence analysis, which include source analysis; and tradecraft, data science, and machine intelligence.

Red Hat, Inc. (NYSE:RHT) Institutional Positions Chart

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