URS Corp. Reaches New 12-Month High at $51.97 (URS)
URS Corp. (NYSE:URS) set a new 52-week high during trading hours on Thursday, American Banking & Market News reports. The company traded as high as $51.97 and last traded at $51.88, with a volume of 611,157 shares. The stock had previously closed at $50.53.
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 assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $49.29.
In other URS Corp. news, Insider Gary V. Jandegian unloaded 4,000 shares of the stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $50.70, for a total value of $202,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
URS Corp. has a one year low of $33.20 and a one year high of $51.21. The stock’s 50-day moving average is $48.78 and its 200-day moving average is $46.78. The company has a market cap of $3.894 billion and a P/E ratio of 11.89.
URS Corp. (NYSE:URS) last released its earnings data on Tuesday, August 6th. The company reported $0.91 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $1.00 earnings per share. URS Corp.’s revenue was up 3.8% compared to the same quarter last year. Analysts expect that URS Corp. will post $4.26 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, October 4th. Investors 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 1.62%. The ex-dividend date of this dividend is Wednesday, September 11th.
URS Corporation (NYSE:URS) is a provider of engineering, construction and technical services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.