KBR, Inc. (NYSE:KBR - Get Free Report) has been given an average recommendation of "Moderate Buy" by the seven research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $81.14.
A number of research analysts have issued reports on KBR shares. KeyCorp raised their price target on shares of KBR from $75.00 to $78.00 and gave the stock an "overweight" rating in a report on Thursday, November 7th. StockNews.com cut KBR from a "strong-buy" rating to a "buy" rating in a research report on Sunday, October 6th. UBS Group boosted their price target on KBR from $77.00 to $78.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. Citigroup lifted their target price on KBR from $76.00 to $82.00 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. Finally, DA Davidson reissued a "buy" rating and set a $84.00 price target on shares of KBR in a research report on Tuesday, November 19th.
Get Our Latest Stock Report on KBR
A number of institutional investors have recently bought and sold shares of the company. True Wealth Design LLC purchased a new stake in shares of KBR in the 3rd quarter valued at approximately $26,000. Larson Financial Group LLC increased its position in shares of KBR by 2,029.2% during the second quarter. Larson Financial Group LLC now owns 511 shares of the construction company's stock valued at $33,000 after acquiring an additional 487 shares during the last quarter. CWM LLC increased its position in shares of KBR by 39.4% during the second quarter. CWM LLC now owns 817 shares of the construction company's stock valued at $52,000 after acquiring an additional 231 shares during the last quarter. Quarry LP lifted its holdings in shares of KBR by 454.7% in the 2nd quarter. Quarry LP now owns 821 shares of the construction company's stock worth $53,000 after acquiring an additional 673 shares during the last quarter. Finally, Eastern Bank acquired a new position in KBR during the third quarter worth $65,000. 97.02% of the stock is owned by hedge funds and other institutional investors.
Shares of NYSE:KBR opened at $58.47 on Friday. The business's 50-day moving average is $64.95 and its 200 day moving average is $64.93. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07. KBR has a 1 year low of $51.60 and a 1 year high of $72.60. The firm has a market capitalization of $7.79 billion, a P/E ratio of 24.57, a P/E/G ratio of 1.18 and a beta of 0.84.
KBR (NYSE:KBR - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.84 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.84. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.95 billion. KBR had a net margin of 4.35% and a return on equity of 28.87%. The company's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.75 earnings per share. On average, research analysts predict that KBR will post 3.27 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Friday, December 13th. KBR's dividend payout ratio (DPR) is currently 25.21%.
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.
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