KBR, Inc. (NYSE:KBR) Receives Consensus Rating of “Hold” from Analysts

Shares of KBR, Inc. (NYSE:KBRGet Free Report) have earned a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $53.4444.

A number of brokerages have recently commented on KBR. Wells Fargo & Company cut their price target on KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a report on Monday, April 13th. Weiss Ratings lowered KBR from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Citigroup lowered their price objective on KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Wall Street Zen cut KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Finally, Zacks Research upgraded KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th.

Read Our Latest Report on KBR

Insider Transactions at KBR

In other news, Director Jack B. Moore acquired 4,000 shares of the stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average cost of $31.44 per share, for a total transaction of $125,760.00. Following the completion of the transaction, the director owned 54,352 shares in the company, valued at approximately $1,708,826.88. This trade represents a 7.94% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Carlos A. Sabater acquired 14,500 shares of the stock in a transaction dated Tuesday, May 19th. The shares were purchased at an average price of $32.47 per share, for a total transaction of $470,815.00. Following the completion of the transaction, the director owned 35,705 shares of the company’s stock, valued at $1,159,341.35. This trade represents a 68.38% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have acquired 29,875 shares of company stock valued at $945,160. Company insiders own 1.15% of the company’s stock.

Institutional Trading of KBR

Institutional investors and hedge funds have recently modified their holdings of the company. Farther Finance Advisors LLC increased its position in shares of KBR by 89.8% during the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock valued at $25,000 after purchasing an additional 289 shares during the period. Hantz Financial Services Inc. grew its position in KBR by 207.8% in the third quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock valued at $28,000 after acquiring an additional 401 shares during the period. EverSource Wealth Advisors LLC grew its position in KBR by 432.5% in the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock valued at $29,000 after acquiring an additional 493 shares during the period. FNY Investment Advisers LLC bought a new stake in KBR in the third quarter valued at $32,000. Finally, Anchor Investment Management LLC grew its position in KBR by 27.5% in the first quarter. Anchor Investment Management LLC now owns 1,275 shares of the construction company’s stock valued at $47,000 after acquiring an additional 275 shares during the period. 97.02% of the stock is currently owned by institutional investors.

KBR Stock Up 4.3%

Shares of KBR stock opened at $33.47 on Friday. KBR has a 12 month low of $29.94 and a 12 month high of $54.38. The firm has a market cap of $4.24 billion, a PE ratio of 10.69, a price-to-earnings-growth ratio of 1.98 and a beta of 0.47. The stock has a 50 day moving average of $35.66 and a 200-day moving average of $39.82. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.59.

KBR (NYSE:KBRGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The construction company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. KBR had a return on equity of 33.92% and a net margin of 5.21%.The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period in the previous year, the company earned $1.01 earnings per share. The company’s quarterly revenue was down 4.7% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, equities analysts predict that KBR will post 4 EPS for the current year.

KBR Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th will be given a dividend of $0.165 per share. The ex-dividend date is Monday, June 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.0%. KBR’s payout ratio is currently 21.09%.

About KBR

(Get Free Report)

KBR, Inc is a global engineering, procurement, construction and services (EPC&S) company headquartered in Houston, Texas. The firm delivers integrated solutions and technologies across the full project lifecycle for customers in the energy, government, industrial and infrastructure sectors. Its offerings span feasibility studies, front-end engineering design, detailed design, procurement, fabrication, construction, commissioning and operations support.

The company is organized into business segments that include Energy Solutions, which focuses on oil and gas processing, liquefied natural gas (LNG) facilities and petrochemical plants; Government Solutions, providing logistics, sustainment, training and mission support for defense, intelligence and civilian agencies; and Sustainable Technology, delivering chemical process technologies, water treatment and lower-carbon fuels expertise.

See Also

Analyst Recommendations for KBR (NYSE:KBR)

Receive News & Ratings for KBR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KBR and related companies with MarketBeat.com's FREE daily email newsletter.