KBR (NYSE:KBR) Reaches New 52-Week Low – Here’s Why

KBR, Inc. (NYSE:KBRGet Free Report)’s stock price hit a new 52-week low on Thursday . The stock traded as low as $35.33 and last traded at $35.5040, with a volume of 65550 shares changing hands. The stock had previously closed at $36.00.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on KBR shares. Wells Fargo & Company lowered their target price on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Monday, April 13th. Wall Street Zen cut KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Citigroup lowered their price objective on KBR from $57.00 to $53.00 and set a “buy” rating on the stock in a research report on Monday, January 26th. Weiss Ratings lowered KBR from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 27th. Finally, Zacks Research raised KBR from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Five analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $56.50.

Read Our Latest Stock Analysis on KBR

KBR Stock Performance

The firm’s 50 day simple moving average is $38.55 and its 200 day simple moving average is $41.31. The firm has a market cap of $4.48 billion, a PE ratio of 10.98, a PEG ratio of 2.16 and a beta of 0.49. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.68.

KBR (NYSE:KBRGet Free Report) last issued its quarterly earnings data on Thursday, February 26th. The construction company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.04. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.91 billion. KBR had a return on equity of 35.22% and a net margin of 5.30%.The business’s quarterly revenue was down 10.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, research analysts forecast that KBR, Inc. will post 4.01 EPS for the current fiscal year.

KBR Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th were given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Friday, March 13th. KBR’s dividend payout ratio is currently 20.56%.

Hedge Funds Weigh In On KBR

Several institutional investors have recently bought and sold shares of the business. Invesco Ltd. increased its holdings in shares of KBR by 3.5% in the 4th quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company’s stock worth $230,622,000 after buying an additional 192,383 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of KBR by 10.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,806,715 shares of the construction company’s stock valued at $112,834,000 after acquiring an additional 255,948 shares during the last quarter. Morgan Stanley grew its position in KBR by 343.5% in the fourth quarter. Morgan Stanley now owns 2,748,597 shares of the construction company’s stock worth $110,494,000 after acquiring an additional 2,128,895 shares in the last quarter. Neuberger Berman Group LLC grew its position in KBR by 12.4% in the fourth quarter. Neuberger Berman Group LLC now owns 2,587,375 shares of the construction company’s stock worth $104,046,000 after acquiring an additional 284,907 shares in the last quarter. Finally, Snyder Capital Management L P increased its stake in KBR by 1.4% during the fourth quarter. Snyder Capital Management L P now owns 2,496,913 shares of the construction company’s stock worth $100,376,000 after acquiring an additional 34,495 shares during the last quarter. Institutional investors own 97.02% of the company’s stock.

KBR Company Profile

(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.

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