KBR, Inc. (KBR) Receives Average Rating of “Hold” from Analysts
KBR, Inc. (NYSE:KBR) has received a consensus recommendation of “Hold” from the fourteen analysts that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $17.79.
KBR has been the topic of several recent research reports. Zacks Investment Research downgraded shares of KBR from a “hold” rating to a “sell” rating in a research note on Monday, May 1st. Vertical Research upgraded shares of KBR from a “hold” rating to a “buy” rating in a report on Monday, May 1st. Finally, BidaskClub upgraded shares of KBR from a “sell” rating to a “hold” rating in a report on Saturday, June 10th.
KBR (NYSE:KBR) traded down 2.34% during mid-day trading on Monday, reaching $15.04. 437,619 shares of the company were exchanged. KBR has a 1-year low of $13.16 and a 1-year high of $17.95. The company’s market capitalization is $2.15 billion. The company has a 50 day moving average of $15.01 and a 200-day moving average of $15.35.
KBR (NYSE:KBR) last released its quarterly earnings results on Friday, April 28th. The construction company reported $0.28 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.28. KBR had a negative net margin of 1.51% and a positive return on equity of 4.79%. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the firm earned $0.30 EPS. The business’s revenue was up 11.0% on a year-over-year basis. On average, equities research analysts forecast that KBR will post $1.33 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Thursday, June 15th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.08%. The ex-dividend date was Tuesday, June 13th. KBR’s payout ratio is -68.08%.
A number of hedge funds have recently added to or reduced their stakes in the stock. Quantbot Technologies LP acquired a new stake in KBR during the first quarter valued at approximately $109,000. OLD Mutual Customised Solutions Proprietary Ltd. increased its stake in KBR by 322.2% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 7,600 shares of the construction company’s stock valued at $114,000 after buying an additional 5,800 shares during the period. LS Investment Advisors LLC increased its stake in KBR by 20.3% in the second quarter. LS Investment Advisors LLC now owns 11,894 shares of the construction company’s stock valued at $181,000 after buying an additional 2,004 shares during the period. Fox Run Management L.L.C. acquired a new stake in KBR during the second quarter valued at approximately $195,000. Finally, Capstone Asset Management Co. increased its stake in KBR by 1.7% in the first quarter. Capstone Asset Management Co. now owns 17,241 shares of the construction company’s stock valued at $259,000 after buying an additional 290 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.
KBR Company Profile
KBR, Inc is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other.
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