KBR, Inc. (NYSE:KBR) Receives Average Rating of “Moderate Buy” from Analysts

Shares of KBR, Inc. (NYSE:KBR) have earned a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $81.14.

Several research analysts have recently issued reports on KBR shares. DA Davidson restated a “buy” rating and issued a $84.00 target price on shares of KBR in a report on Tuesday, November 19th. KeyCorp lifted their target price on KBR from $75.00 to $78.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. UBS Group upped their target price on KBR from $77.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. TD Cowen lowered KBR from a “buy” rating to a “hold” rating and set a $72.00 price target on the stock. in a research report on Friday, September 6th. Finally, StockNews.com downgraded KBR from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 6th.

Hedge Funds Weigh In On KBR

A number of large investors have recently bought and sold shares of the company. CWM LLC increased its stake in shares of KBR by 39.4% during the second quarter. CWM LLC now owns 817 shares of the construction company’s stock worth $52,000 after acquiring an additional 231 shares during the period. Blue Trust Inc. increased its position in KBR by 27.7% during the 2nd quarter. Blue Trust Inc. now owns 1,457 shares of the construction company’s stock worth $93,000 after purchasing an additional 316 shares during the period. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of KBR by 7.4% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 43,721 shares of the construction company’s stock worth $2,804,000 after buying an additional 2,995 shares in the last quarter. Neo Ivy Capital Management acquired a new stake in shares of KBR in the 2nd quarter valued at approximately $3,677,000. Finally, Fifth Third Bancorp boosted its stake in shares of KBR by 17.5% in the second quarter. Fifth Third Bancorp now owns 1,204 shares of the construction company’s stock valued at $77,000 after buying an additional 179 shares in the last quarter. Hedge funds and other institutional investors own 97.02% of the company’s stock.

KBR Stock Performance

NYSE:KBR opened at $58.47 on Friday. The firm has a market capitalization of $7.79 billion, a PE ratio of 24.57, a price-to-earnings-growth ratio of 1.18 and a beta of 0.84. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07. The business’s fifty day moving average price is $64.95 and its 200 day moving average price is $64.93. KBR has a 12 month low of $51.60 and a 12 month high of $72.60.

KBR (NYSE:KBR) last issued its earnings results on Wednesday, October 23rd. The construction company reported $0.84 earnings per share for the quarter, hitting the consensus estimate of $0.84. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.95 billion. KBR had a return on equity of 28.87% and a net margin of 4.35%. The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the company earned $0.75 EPS. On average, sell-side analysts anticipate that KBR will post 3.27 earnings per share for the current fiscal year.

KBR Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.03%. KBR’s dividend payout ratio (DPR) is 25.21%.

KBR Company Profile

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.