URS Corp Receives Consensus Rating of “Hold” from Analysts (NYSE:URS)
Shares of URS Corp (NYSE:URS) have been given an average recommendation of “Hold” by the sixteen brokerages that are presently covering the company, AR Network reports. Two research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $52.50.
Shares of URS Corp (NYSE:URS) opened at 47.96 on Friday. URS Corp has a 52-week low of $41.62 and a 52-week high of $55.79. The stock’s 50-day moving average is $47.27 and its 200-day moving average is $50.15. The company has a market cap of $3.460 billion and a price-to-earnings ratio of 14.49.
URS Corp (NYSE:URS) last posted its quarterly earnings results on Monday, March 3rd. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.19 by $0.07. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter in the prior year, the company posted $0.95 earnings per share. The company’s quarterly revenue was down 10.5% on a year-over-year basis. On average, analysts predict that URS Corp will post $3.27 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of URS Corp from a “neutral” rating to an “underperform” rating in a research note on Friday, April 11th. They now have a $44.00 price target on the stock. Separately, analysts at Credit Agricole reiterated a “sell” rating on shares of URS Corp in a research note on Thursday, April 10th. They now have a $44.00 price target on the stock. Finally, analysts at Davidson raised their price target on shares of URS Corp from $50.00 to $54.00 in a research note on Tuesday, March 4th. They now have a “buy” rating on the stock.
URS Corporation (NYSE:URS) is a provider of engineering, construction and technical services.
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