Equities analysts expect that KBR, Inc. (NYSE:KBR) will report $973.68 million in sales for the current quarter, Zacks reports. Three analysts have provided estimates for KBR’s earnings, with estimates ranging from $929.05 million to $997.00 million. KBR reported sales of $1.19 billion in the same quarter last year, which would suggest a negative year-over-year growth rate of 18.2%. The firm is expected to report its next quarterly earnings results on Friday, February 23rd.

On average, analysts expect that KBR will report full year sales of $973.68 million for the current year, with estimates ranging from $4.15 billion to $4.23 billion. For the next fiscal year, analysts expect that the company will post sales of $4.28 billion per share, with estimates ranging from $4.12 billion to $4.38 billion. Zacks’ sales averages are a mean average based on a survey of research firms that cover KBR.

KBR (NYSE:KBR) last announced its earnings results on Tuesday, October 31st. The construction company reported $0.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate 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 analyst estimates of $1.05 billion. During the same quarter in the prior year, the business posted ($0.44) EPS. The business’s revenue was down 3.6% compared to the same quarter last year.

KBR has been the topic of several analyst reports. TheStreet upgraded shares of KBR from a “c” rating to a “b-” rating in a research report on Tuesday, October 31st. KeyCorp set a $20.00 price target on shares of KBR and gave the stock a “buy” rating in a research report on Friday, August 25th. Deutsche Bank increased their price target on shares of KBR from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, October 24th. ValuEngine upgraded shares of KBR from a “hold” rating to a “buy” rating in a research report on Monday, November 6th. Finally, Zacks Investment Research upgraded shares of KBR from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. KBR currently has an average rating of “Buy” and an average target price of $21.00.

KBR (KBR) opened at $18.89 on Tuesday. KBR has a 52-week low of $13.36 and a 52-week high of $21.25. The stock has a market cap of $2,636.30, a P/E ratio of 32.45, a price-to-earnings-growth ratio of 1.42 and a beta of 1.04. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.59.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 15th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.69%. The ex-dividend date is Thursday, December 14th. KBR’s payout ratio is 62.75%.

A number of large investors have recently modified their holdings of the stock. GSA Capital Partners LLP lifted its stake in KBR by 276.2% in the 3rd quarter. GSA Capital Partners LLP now owns 40,014 shares of the construction company’s stock valued at $715,000 after purchasing an additional 29,379 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in KBR by 9.4% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,170,233 shares of the construction company’s stock valued at $38,804,000 after purchasing an additional 187,241 shares during the last quarter. California Public Employees Retirement System lifted its stake in KBR by 5.2% in the 3rd quarter. California Public Employees Retirement System now owns 453,670 shares of the construction company’s stock valued at $8,112,000 after purchasing an additional 22,434 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in KBR in the 3rd quarter valued at approximately $699,000. Finally, Engine Capital Management LLC lifted its stake in KBR by 195.2% in the 3rd quarter. Engine Capital Management LLC now owns 1,149,672 shares of the construction company’s stock valued at $20,556,000 after purchasing an additional 760,184 shares during the last quarter. 99.74% of the stock is owned by institutional investors and hedge funds.

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About KBR

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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Earnings History and Estimates for KBR (NYSE:KBR)

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