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

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

A number of analysts recently weighed in on KBR shares. UBS Group increased their price target on shares of KBR from $77.00 to $78.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. DA Davidson reiterated a “buy” rating and set a $84.00 target price on shares of KBR in a research note on Tuesday, November 19th. TD Cowen cut KBR from a “buy” rating to a “hold” rating and set a $72.00 price target on the stock. in a research report on Friday, September 6th. StockNews.com cut KBR from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 6th. Finally, Citigroup lifted their target price on KBR from $76.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd.

KBR Stock Performance

Shares of KBR stock opened at $57.36 on Friday. The stock’s 50-day moving average is $64.06 and its two-hundred day moving average is $64.71. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.07 and a current ratio of 1.07. KBR has a 1 year low of $51.60 and a 1 year high of $72.60. The firm has a market cap of $7.64 billion, a price-to-earnings ratio of 24.10, a PEG ratio of 1.18 and a beta of 0.84.

KBR (NYSE:KBR) last released its quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.84 EPS for the quarter, hitting the consensus estimate of $0.84. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.95 billion. KBR had a return on equity of 28.87% and a net margin of 4.35%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 earnings per share. Analysts predict that KBR will post 3.27 earnings per share for the current year.

KBR Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.60 annualized dividend and a dividend yield of 1.05%. KBR’s payout ratio is currently 25.21%.

Hedge Funds Weigh In On KBR

A number of large investors have recently made changes to their positions in the stock. State Street Corp grew its position in KBR by 0.7% during the third quarter. State Street Corp now owns 4,016,324 shares of the construction company’s stock worth $262,185,000 after buying an additional 29,833 shares during the period. Franklin Resources Inc. grew its holdings in shares of KBR by 14.5% in the 3rd quarter. Franklin Resources Inc. now owns 2,416,531 shares of the construction company’s stock worth $167,876,000 after acquiring an additional 305,889 shares during the period. D. E. Shaw & Co. Inc. increased its stake in KBR by 29.4% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,286,779 shares of the construction company’s stock valued at $146,674,000 after purchasing an additional 520,207 shares in the last quarter. Wolf Hill Capital Management LP increased its stake in KBR by 37.1% in the 2nd quarter. Wolf Hill Capital Management LP now owns 1,877,497 shares of the construction company’s stock valued at $120,423,000 after purchasing an additional 507,800 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in KBR by 6.8% during the second quarter. Bank of New York Mellon Corp now owns 1,778,765 shares of the construction company’s stock worth $114,090,000 after purchasing an additional 113,140 shares during the last quarter. Hedge funds and other institutional investors own 97.02% of the company’s stock.

About KBR

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.