KBR, Inc. (NYSE:KBR) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of KBR, Inc. (NYSE:KBR) have been given a consensus rating of “Moderate Buy” by the seven analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $81.14.

A number of research firms have recently weighed in on KBR. KeyCorp upped their price objective on KBR from $75.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. DA Davidson restated a “buy” rating and issued a $84.00 price target on shares of KBR in a research note on Tuesday. UBS Group lifted their price objective on shares of KBR from $77.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. TD Cowen lowered shares of KBR from a “buy” rating to a “hold” rating and set a $72.00 target price for the company. in a research report on Friday, September 6th. Finally, StockNews.com downgraded shares of KBR from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 6th.

KBR Stock Performance

Shares of KBR opened at $58.29 on Wednesday. The business has a 50-day simple moving average of $66.31 and a two-hundred day simple moving average of $65.69. The stock has a market cap of $7.77 billion, a price-to-earnings ratio of 24.49, a PEG ratio of 1.17 and a beta of 0.89. 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 has a 52 week low of $50.45 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 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.84. KBR had a net margin of 4.35% and a return on equity of 28.87%. The firm had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the prior year, the company posted $0.75 earnings per share. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. On average, analysts expect that KBR will post 3.27 EPS for the current year.

KBR Dividend Announcement

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 given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Friday, December 13th. KBR’s dividend payout ratio is 25.21%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fifth Third Bancorp lifted its stake in shares of KBR by 17.5% in the 2nd quarter. Fifth Third Bancorp now owns 1,204 shares of the construction company’s stock valued at $77,000 after purchasing an additional 179 shares during the last quarter. CWM LLC boosted its stake in KBR by 39.4% during the second quarter. CWM LLC now owns 817 shares of the construction company’s stock worth $52,000 after buying an additional 231 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its position in KBR by 1.5% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 19,700 shares of the construction company’s stock valued at $1,283,000 after acquiring an additional 300 shares during the last quarter. Blue Trust Inc. raised its stake in shares of KBR by 27.7% in the second quarter. Blue Trust Inc. now owns 1,457 shares of the construction company’s stock valued at $93,000 after acquiring an additional 316 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in shares of KBR by 2.9% in the third quarter. Janney Montgomery Scott LLC now owns 11,764 shares of the construction company’s stock valued at $766,000 after acquiring an additional 335 shares during the period. Hedge funds and other institutional investors own 97.02% of the company’s stock.

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.