KBR (NYSE:KBR) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

A number of other equities research analysts have also commented on the stock. TheStreet upgraded shares of KBR from a “d+” rating to a “c-” rating in a report on Thursday, August 3rd. Credit Suisse Group lifted their price objective on shares of KBR from $19.00 to $22.00 and gave the company an “outperform” rating in a research report on Thursday, November 2nd. Zacks Investment Research raised shares of KBR from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Deutsche Bank lifted their target price on shares of KBR from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, October 24th. Finally, BidaskClub raised shares of KBR from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. KBR has an average rating of “Buy” and a consensus target price of $21.00.

Shares of KBR (NYSE:KBR) opened at $18.82 on Friday. KBR has a 52 week low of $13.36 and a 52 week high of $21.25. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.30 and a current ratio of 1.30. The company has a market cap of $2,636.31, a P/E ratio of 32.45, a PEG ratio of 1.44 and a beta of 1.05.

KBR (NYSE:KBR) last announced its quarterly earnings data on Tuesday, October 31st. The construction company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.05. KBR had a net margin of 1.63% and a return on equity of 10.22%. The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same period last year, the firm earned ($0.44) earnings per share. The business’s revenue for the quarter was down 3.6% on a year-over-year basis. analysts anticipate that KBR will post 1.47 EPS for the current fiscal year.

Several hedge funds have recently made changes to their positions in KBR. Oregon Public Employees Retirement Fund raised its holdings in shares of KBR by 4.5% in the second quarter. Oregon Public Employees Retirement Fund now owns 52,113 shares of the construction company’s stock valued at $793,000 after purchasing an additional 2,262 shares during the last quarter. LS Investment Advisors LLC boosted its position in KBR by 20.3% during the second quarter. LS Investment Advisors LLC now owns 11,894 shares of the construction company’s stock worth $181,000 after purchasing an additional 2,004 shares during the period. Louisiana State Employees Retirement System boosted its position in KBR by 3.3% during the second quarter. Louisiana State Employees Retirement System now owns 37,300 shares of the construction company’s stock worth $568,000 after purchasing an additional 1,200 shares during the period. Aperio Group LLC boosted its position in KBR by 12.7% during the second quarter. Aperio Group LLC now owns 68,581 shares of the construction company’s stock worth $1,044,000 after purchasing an additional 7,716 shares during the period. Finally, State Treasurer State of Michigan boosted its position in shares of KBR by 1.7% in the second quarter. State Treasurer State of Michigan now owns 59,042 shares of the construction company’s stock valued at $899,000 after acquiring an additional 1,000 shares during the period. Institutional investors own 99.73% of the company’s stock.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for KBR (NYSE:KBR)

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