URS Corp Receives Average Recommendation of “Hold” from Brokerages (NYSE:URS)
URS Corp (NYSE:URS) has received an average rating of “Hold” from the fourteen ratings firms that are covering the company, Analyst Ratings News reports. One analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $53.25.
URS Corp (NYSE:URS) opened at 60.75 on Wednesday. URS Corp has a 1-year low of $41.62 and a 1-year high of $60.88. The stock’s 50-day moving average is $57.73 and its 200-day moving average is $49.37. The company has a market cap of $4.199 billion and a P/E ratio of 19.81.
URS Corp (NYSE:URS) last issued its quarterly earnings data on Tuesday, August 12th. The company reported $1.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.74 by $0.63. The company had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.69 billion. Analysts expect that URS Corp will post $3.31 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, October 10th. Stockholders of record on Friday, September 19th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.45%. The ex-dividend date is Wednesday, September 17th.
Several analysts have recently commented on the stock. Analysts at Sterne Agee downgraded shares of URS Corp from a “buy” rating to a “neutral” rating in a research note on Thursday, August 14th. Separately, analysts at Barclays raised their price target on shares of URS Corp from $44.00 to $59.00 in a research note on Thursday, July 17th. They now have an “equal weight” rating on the stock. Finally, analysts at Davidson downgraded shares of URS Corp to a “neutral” rating in a research note on Tuesday, July 15th.
URS Corporation (NYSE:URS) is a provider of engineering, construction and technical services.