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

KBR, Inc. (NYSE:KBR) has received a consensus recommendation of “Hold” from the ten ratings firms that are covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $62.7778.

A number of analysts have issued reports on KBR shares. DA Davidson reduced their price target on shares of KBR from $72.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, August 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of KBR in a report on Wednesday. Bank of America downgraded shares of KBR from a “buy” rating to a “neutral” rating and reduced their price target for the company from $70.00 to $55.00 in a report on Wednesday, August 13th. KeyCorp downgraded shares of KBR from an “overweight” rating to a “sector weight” rating in a report on Monday, June 23rd. Finally, Stifel Nicolaus lifted their price target on shares of KBR from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, August 1st.

KBR Stock Down 4.3%

KBR opened at $43.31 on Friday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.13 and a current ratio of 1.13. KBR has a fifty-two week low of $42.94 and a fifty-two week high of $72.60. The firm’s fifty day moving average is $48.97 and its 200 day moving average is $49.96. The stock has a market cap of $5.58 billion, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 0.90 and a beta of 0.68.

KBR (NYSE:KBR) last released its earnings results on Thursday, July 31st. The construction company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. KBR had a net margin of 4.52% and a return on equity of 33.65%. The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $2.10 billion. During the same quarter in the previous year, the company earned $0.83 EPS. KBR’s revenue for the quarter was up 5.7% on a year-over-year basis. KBR has set its FY 2025 guidance at 3.780-3.88 EPS. On average, sell-side analysts forecast that KBR will post 3.26 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, October 15th. Stockholders of record on Monday, September 15th will be issued a $0.165 dividend. The ex-dividend date is Monday, September 15th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.5%. KBR’s payout ratio is 23.91%.

Institutional Trading of KBR

A number of large investors have recently made changes to their positions in the business. Boston Partners increased its holdings in shares of KBR by 25.6% in the 2nd quarter. Boston Partners now owns 5,506,603 shares of the construction company’s stock worth $264,474,000 after buying an additional 1,122,076 shares during the last quarter. Invesco Ltd. grew its holdings in KBR by 11.0% during the 2nd quarter. Invesco Ltd. now owns 5,465,232 shares of the construction company’s stock valued at $262,003,000 after purchasing an additional 539,565 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in KBR by 8.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,090,874 shares of the construction company’s stock valued at $196,116,000 after purchasing an additional 308,268 shares during the last quarter. Franklin Resources Inc. grew its holdings in KBR by 17.8% during the 2nd quarter. Franklin Resources Inc. now owns 3,419,468 shares of the construction company’s stock valued at $163,929,000 after purchasing an additional 517,633 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in KBR by 11.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,427,015 shares of the construction company’s stock valued at $120,891,000 after purchasing an additional 244,094 shares during the last quarter. 97.02% of the stock is currently owned by institutional investors.

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.