From Nasdaq:

Booz Allen Hamilton Holding Corporation (BAH) has performed well on the bourse in the last six months, with an impressive 15.6% gain, outperforming the industry and the Zacks S&P 500 composite. It has expected long-term earnings per share growth of 12%.

The company’s revenues for the fiscal second quarter are estimated at $2.53 billion, a growth of 11.1% from the year-ago figures, with earnings expected to be up 5.6%. Estimates for fiscal 2024 indicate 13% revenue growth and 10.1% earnings growth.

Booz Allen’s Vision 2020 strategy focused on sustainable growth, enhancing projects and partnerships, and expanding into commercial and international markets. The company is shifting focus to AI, advanced engineering, directed energy, and digital platforms to boost innovation and future revenue prospects.

The company is also evolving its solutions business to acquire more clients, retaining talented professionals, and securing mission-critical projects in the federal government sector. BAH currently holds a Zacks Rank #3 (Hold).

For better stocks in the Business Services sector, look at Gartner (IT), DocuSign (DOCU), and Broadridge Financial Solutions (BR). Gartner is showing growth in revenues and earns a Zacks Rank #1 (Strong Buy). DOCU earns a Zacks Rank of 1, with expected growth in both revenues and earnings. BR currently has a Zacks Rank #2 (Buy).



Read more: Here’s How Booz Allen (BAH) Increased 16% in the Past 6 Months