KBR, Inc. (NYSE:KBR) Receives $81.14 Consensus PT from Analysts

Shares of KBR, Inc. (NYSE:KBR) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $81.14.

KBR has been the subject of a number of research analyst reports. KeyCorp upped their price target on KBR from $75.00 to $78.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. DA Davidson restated a “buy” rating and issued a $84.00 target price on shares of KBR in a report on Tuesday, November 19th. TD Cowen lowered shares of KBR from a “buy” rating to a “hold” rating and set a $72.00 price target on the stock. in a research note on Friday, September 6th. Citigroup upped their price objective on shares of KBR from $76.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Finally, StockNews.com lowered KBR from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 6th.

KBR Stock Performance

NYSE:KBR opened at $56.81 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.69. The company has a market cap of $7.57 billion, a price-to-earnings ratio of 23.87, a price-to-earnings-growth ratio of 1.18 and a beta of 0.84. The company has a fifty day simple moving average of $64.53 and a two-hundred day simple moving average of $64.82. KBR has a 52 week low of $51.60 and a 52 week high of $72.60.

KBR (NYSE:KBR) last announced its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.84 EPS for the quarter, hitting analysts’ consensus estimates of $0.84. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.95 billion. KBR had a return on equity of 28.87% and a net margin of 4.35%. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 earnings per share. As a group, equities analysts anticipate that KBR will post 3.27 earnings per share for the current fiscal year.

KBR Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.06%. KBR’s payout ratio is 25.21%.

Institutional Trading of KBR

A number of hedge funds have recently added to or reduced their stakes in KBR. True Wealth Design LLC acquired a new stake in shares of KBR in the 3rd quarter worth $26,000. Larson Financial Group LLC lifted its position in KBR by 2,029.2% in the second quarter. Larson Financial Group LLC now owns 511 shares of the construction company’s stock valued at $33,000 after purchasing an additional 487 shares during the period. CWM LLC boosted its holdings in KBR by 39.4% in the 2nd quarter. CWM LLC now owns 817 shares of the construction company’s stock valued at $52,000 after purchasing an additional 231 shares in the last quarter. Quarry LP increased its position in KBR by 454.7% during the 2nd quarter. Quarry LP now owns 821 shares of the construction company’s stock worth $53,000 after purchasing an additional 673 shares during the period. Finally, Eastern Bank purchased a new position in shares of KBR during the 3rd quarter worth approximately $65,000. 97.02% of the stock is owned by institutional investors and hedge funds.

KBR Company Profile

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.