KBR (KBR) Projected to Post Earnings on Monday

KBR (NYSE:KBR) will likely be releasing its earnings data after the market closes on Monday, February 24th. Analysts expect KBR to post earnings of $0.83 per share and revenue of $2.00 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

KBR Trading Down 3.3 %

NYSE KBR opened at $49.08 on Friday. The company has a market cap of $6.54 billion, a price-to-earnings ratio of 20.62, a P/E/G ratio of 0.87 and a beta of 0.83. KBR has a 52 week low of $48.66 and a 52 week high of $72.60. The business has a 50 day moving average price of $56.16 and a 200-day moving average price of $61.92. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.69.

KBR Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.165 per share. This is an increase from KBR’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.66 annualized dividend and a dividend yield of 1.34%. KBR’s payout ratio is currently 25.21%.

Wall Street Analyst Weigh In

Several research firms have recently commented on KBR. DA Davidson restated a “buy” rating and set a $84.00 price objective on shares of KBR in a report on Tuesday, November 19th. UBS Group boosted their price objective on KBR from $77.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. KeyCorp decreased their price target on KBR from $78.00 to $70.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. TD Cowen decreased their price target on KBR from $72.00 to $64.00 and set a “hold” rating for the company in a report on Wednesday, January 8th. Finally, Citigroup decreased their price target on KBR from $82.00 to $76.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, KBR currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.00.

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.