URS Corp. Insider Gary Jandegian Sells 4,000 Shares (URS)
URS Corp. (NYSE:URS) Insider Gary Jandegian sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $50.70, for a total transaction of $202,800.00. Following the completion of the transaction, the insider now directly owns 82,808 shares of the company’s stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of URS Corp. (NYSE:URS) in a research note to investors on Monday, August 12th. They now have a $50.00 price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of URS Corp. (NYSE:URS) from $44.00 to $47.00 in a research note to investors on Thursday, August 8th. Finally, analysts at Credit Suisse cut their price target on shares of URS Corp. (NYSE:URS) from $51.00 to $50.00 in a research note to investors on Wednesday, August 7th. They now have a “neutral” rating on the stock.
Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $49.29.
Shares of URS Corp. (NYSE:URS) traded up 2.81% on Thursday, hitting $51.95. 605,957 shares of the company’s stock traded hands. URS Corp. has a 52 week low of $33.20 and a 52 week high of $51.21. The stock has a 50-day moving average of $48.78 and a 200-day moving average of $46.78. The company has a market cap of $3.890 billion and a price-to-earnings ratio of 11.89.
URS Corp. (NYSE:URS) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by $0.05. The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter in the previous year, the company posted $1.00 earnings per share. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, analysts predict that URS Corp. will post $4.26 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, October 4th. Stockholders of record on Friday, September 13th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend is Wednesday, September 11th.
URS Corporation (NYSE:URS) is a provider of engineering, construction and technical services.
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