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Is Booz Allen Hamilton (BAH) Stock a Solid Choice Right Now?

One stock that might be an intriguing choice for investors right now is Booz Allen Hamilton Holding CorporationBAH . This is because this security in the Government Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Government Services space as it currently has a Zacks Industry Rank of 38 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Booz Allen Hamiltonis actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm's prospects in both the short and long term.

BOOZ ALLEN HMLT Price and Consensus

BOOZ ALLEN HMLT Price and Consensus | BOOZ ALLEN HMLT Quote

In fact, over the past month, current quarter estimates have risen from 42 cents per share to 43 cents per share, while current year estimates have risen from $1.71 per share to $1.73 per share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal.

So, if you are looking for a decent pick in a strong industry, consider Booz Allen Hamilton. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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