KBR (NYSE: KBR) has recently received a number of price target changes and ratings updates:

  • 8/5/2017 – KBR was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 8/3/2017 – KBR was upgraded by analysts at TheStreet from a “d+” rating to a “c-” rating.
  • 7/28/2017 – KBR was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/17/2017 – KBR was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “KBR’s Government Services business has proven to be its strongest profit churner in recent times. Also, the company remains confident that recent acquisitions will continue to accelerate growth momentum of this business. Also, KBR’s recent acquisitions namely, Wyle and HTSI, is expected to fortify its government services business. Moreover, greater proportion of reimbursable service annuity-type contracts in the backlog signals margin expansion. However, on the flip side, over the past six months, KBR’s shares have yielded a negative return, wider than the decline recorded by the Zacks categorized Engineering/R&D Services industry. The company has a choppy earnings surprise history, beating estimates twice for as many misses over the trailing four quarters.  Prolonged softness in the Engineering & Construction sector, coupled with volatility in oil and gas prices, may pose a threat to KBR's growth.”
  • 7/4/2017 – KBR was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Over the past six months, KBR’s shares have yielded a negative return, in line with the the Zacks categorized Engineering/R&D Services industry's average decline. The company has a choppy earnings surprise history, beating estimates twice for as many misses over the trailing four quarters.  Prolonged softness in the Engineering & Construction sector, coupled with volatility in oil and gas prices, may pose a threat to KBR's growth. Also, sluggish activities in several projects approaching completion add to the company’s concerns. Moreover, long-cycle nature of the contracts, volatility in material and equipment pricing and stiff competition pose as major concerns. However, on the flip side, the company’s Government Services business is experiencing stellar growth and KBR remains confident that recent acquisitions will continue to accelerate growth momentum of this business. “
  • 6/10/2017 – KBR was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Shares of KBR, Inc. (NYSE:KBR) opened at 16.70 on Monday. KBR, Inc. has a one year low of $13.16 and a one year high of $17.95. The firm has a 50-day moving average of $15.12 and a 200-day moving average of $15.22. The company’s market capitalization is $2.34 billion.

KBR (NYSE:KBR) last issued its earnings results on Wednesday, August 2nd. The construction company reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.05. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.10 billion. KBR had a negative net margin of 0.81% and a positive return on equity of 8.74%. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.35 earnings per share. Equities research analysts expect that KBR, Inc. will post $1.35 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Thursday, June 15th were issued a $0.08 dividend. The ex-dividend date was Tuesday, June 13th. This represents a $0.32 annualized dividend and a dividend yield of 1.92%. KBR’s dividend payout ratio is currently -128.00%.

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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