KBR Inc. Sets New 1-Year High at $36.70 (KBR)
KBR (NYSE:KBR) set a new 52-week high on Tuesday, Analyst Ratings Net reports. The company traded as high as $36.70 and last traded at $36.30, with a volume of 2,235,483 shares. The stock had previously closed at $36.13.
A number of research firms have recently commented on KBR. Analysts at Jefferies Group initiated coverage on shares of KBR in a research note to investors on Wednesday, October 9th. They set a “buy” rating on the stock. Separately, analysts at Lazard Capital Markets cut their price target on shares of KBR from $45.00 to $36.00 in a research note to investors on Monday, September 9th. They now have a “buy” rating on the stock. Finally, analysts at Johnson Rice upgraded shares of KBR from an “equal weight” rating to an “overweight” rating in a research note to investors on Thursday, August 29th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. KBR has a consensus rating of “Buy” and an average target price of $39.50.
KBR has a one year low of $25.95 and a one year high of $36.69. The stock’s 50-day moving average is $30.80 and its 200-day moving average is $31.58. The company has a market cap of $5.371 billion and a P/E ratio of 42.26.
KBR (NYSE:KBR) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.61 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.57 by $0.04. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the previous year, the company posted $0.70 earnings per share. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. On average, analysts predict that KBR will post $2.67 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, January 15th. Investors of record on Friday, December 13th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Wednesday, December 11th.
KBR, Inc (NYSE:KBR) is a global engineering, construction and services company supporting the energy, hydrocarbons, Government services, minerals, civil infrastructure, power, industrial and commercial markets.
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