KBR (KBR) – Research Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for KBR (NYSE: KBR):

  • 4/15/2019 – KBR had its “hold” rating reaffirmed by analysts at Cowen Inc. They now have a $23.00 price target on the stock.
  • 4/10/2019 – KBR was upgraded by analysts at TheStreet from a “c+” rating to a “b-” rating.
  • 4/2/2019 – KBR was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $22.00 price target on the stock. According to Zacks, “Shares of KBR have gained 27.9% over the past three months. Earnings estimates for 2019 have moved north over the past 60 days, reflecting analysts’ optimism over the company's bottom-line growth potential. Its performance was backed by robust contribution from Government Services and Technology businesses, courtesy of ongoing growth in KBR’s overseas logistics and mission support programs, with higher military exercise activities. Meanwhile, incremental revenues and accretive earnings from the acquisition of SGT, and consolidation of Aspire added to the positives. Importantly, KBR provided a solid 2019 guidance on the back of stellar performance and an anticipated positive outlook across the business. Its significant increase in backlog level in the technology segment positions it well for future expansion. However, risk of cost overruns, intense competition and dependency upon major construction contracts pose concerns.”
  • 3/25/2019 – KBR was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating.
  • 2/27/2019 – KBR had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $22.00 price target on the stock.
  • 2/26/2019 – KBR was given a new $23.00 price target on by analysts at Cowen Inc. They now have a “hold” rating on the stock.

Shares of NYSE:KBR traded up $0.41 on Monday, reaching $20.74. The company had a trading volume of 1,865,421 shares, compared to its average volume of 1,535,066. KBR, Inc. has a twelve month low of $13.90 and a twelve month high of $22.22. The stock has a market capitalization of $2.90 billion, a P/E ratio of 13.56, a P/E/G ratio of 1.41 and a beta of 1.45. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.38 and a quick ratio of 1.38.

KBR (NYSE:KBR) last announced its quarterly earnings results on Tuesday, February 26th. The construction company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. KBR had a return on equity of 13.06% and a net margin of 5.72%. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same quarter in the previous year, the firm earned $0.28 earnings per share. The business’s quarterly revenue was up 43.0% compared to the same quarter last year. As a group, research analysts expect that KBR, Inc. will post 1.66 EPS for the current fiscal year.



The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 15th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $0.32 annualized dividend and a dividend yield of 1.54%. KBR’s dividend payout ratio is presently 20.92%.

In related news, insider Farhan Mujib sold 2,496 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $20.00, for a total transaction of $49,920.00. Following the completion of the transaction, the insider now owns 138,576 shares of the company’s stock, valued at approximately $2,771,520. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Derbyshire sold 5,460 shares of the business’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $19.95, for a total value of $108,927.00. Following the transaction, the insider now directly owns 74,570 shares of the company’s stock, valued at approximately $1,487,671.50. The disclosure for this sale can be found here. 0.78% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Retirement Systems of Alabama raised its holdings in KBR by 0.5% in the 4th quarter. Retirement Systems of Alabama now owns 182,654 shares of the construction company’s stock valued at $2,773,000 after acquiring an additional 828 shares in the last quarter. Neuburgh Advisers LLC raised its holdings in KBR by 5.3% in the 4th quarter. Neuburgh Advisers LLC now owns 17,006 shares of the construction company’s stock valued at $258,000 after acquiring an additional 858 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in KBR by 2.2% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 56,351 shares of the construction company’s stock valued at $855,000 after acquiring an additional 1,188 shares in the last quarter. Arizona State Retirement System raised its holdings in KBR by 1.2% in the 4th quarter. Arizona State Retirement System now owns 101,114 shares of the construction company’s stock valued at $1,535,000 after acquiring an additional 1,211 shares in the last quarter. Finally, Flinton Capital Management LLC raised its holdings in KBR by 5.3% in the 4th quarter. Flinton Capital Management LLC now owns 26,282 shares of the construction company’s stock valued at $399,000 after acquiring an additional 1,326 shares in the last quarter. 97.74% of the stock is owned by institutional investors and hedge funds.

KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.

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