URS Corp Receives Consensus Recommendation of “Hold” from Brokerages (NYSE:URS)
URS Corp (NYSE:URS) has earned an average recommendation of “Hold” from the fourteen brokerages that are presently covering the stock, StockRatingsNetwork reports. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $53.25.
URS Corp (NYSE:URS) opened at 60.58 on Wednesday. URS Corp has a one year low of $41.62 and a one year high of $60.88. The stock has a 50-day moving average of $58.62 and a 200-day moving average of $49.63. The company has a market cap of $4.187 billion and a P/E ratio of 19.73.
URS Corp (NYSE:URS) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $1.37 EPS for the quarter, beating the Thomson Reuters 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. On average, analysts predict that URS Corp will post $3.31 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, October 10th. Stockholders of record on Friday, September 19th will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend 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.
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